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Innovation, IP to be core element of China's economic growth

Innovation and the resulting intellectual property (IP) will increasingly serve as a core element of China's economic development, a law expert said here Tuesday. "Innovation and IP will play a key role to reform China's science and technology research and development," Senior ...

China imposes anti-dumping duty on US chicken

China will impose an anti-dumping duty as high as 105.4 percent on US broiler chicken products, effective from Sept 27, the Ministry of Commerce said on Sunday. China found that the US industry dumped such products on the Chinese market, hurting domestic production, the ministry ...

Global CEOs meet in Sydney on world's economy

Over 400 Global chief executive officers (CEOs), entrepreneurs, up-and-comers and thought leaders are arriving in Sydney for the 2010 Forbes Global CEO Conference which begins on Tuesday. It is the second time that the city hosts the high-level talkfest in five years. High...

China-Africa cooperation reinforced

Government officials and entrepreneurs from African countries gathered in Shanghai on Monday (Sept 20) to examine economic cooperation with their Chinese counterparts by holding a panel discussion. The discussion, which was hosted by the United Nations Institute for Training and ...

Weather, festive demand stoke China's soyoil appetite

China's recent big buy of US soyoil heralds a scramble for even more cargoes as domestic supplies shrink on strong festive demand and crops are hit by erratic weather. The world's second-largest consumer of vegetable oil could buy 5 to 10 percent more soyoil in 2010 than the 2.4 ...

Dollar slips on concerns about further monetary policy

The U.S. dollar slipped against major currencies in late New York trading on Monday as the market worried about Federal Reserve's further monetary policy. The National Bureau of Economic Research (NBER) announced in a statement on Monday that the recession was officially over in ...

Oil rallies on rising equity, weakening dollar

Oil prices snapped a four-day losing streak on Monday as a rally in the equity market and a falling dollar supported the energy commodities. The U.S. stocks extended the September rally on Monday after gaining for three consecutive weeks. Three major indexes closed at the highest ...

S Korea welcomes free trade pact with EU

South Korean market and media gave a warm welcome to the report that the European Union (EU) approved the South Korea-EU free trade pact which was initialed in October, 2009. Approving the trade deal, the EU also agreed to have it go into effect from July 1, 2011, as a result of ...

EU should think twice before taking trade defense measures against China

The European Union (EU) on Thursday launched an anti-subsidy probe into wireless modems imported from China, after it targeted the same Chinese product with two separate investigations of anti-dumping and safeguards measures in June. It is the first time that the EU has initiated ...

China concerned about EU trade remedy probe

China is concerned about the European Union's investigations into Chinese-made wireless wide area networking (WWAN) modems, said a spokesman for the Ministry of Commerce (MOC) on Thursday. Yao Jian, the spokesman, made the remarks after the EU said it was conducting an anti...

Alibaba says no to Yahoo's CEO

Chinese e-commerce giant Alibaba Group on Sunday turned down the suggestion by Yahoo chief executive officer Carol Bartz that she be allowed to join the board of Alibaba, replying that Bartz should focus on improving Yahoo s own business first. Wang Shuai, chief marketing officer ...

EU agrees to sign free trade deal with South Korea

The European Union on Thursday said it has agreed to sign a free trade deal with South Korea at a summit with the Asian country in October. Belgian Foreign Minister Stevn Vanackere said at a press conference that a compromise on the agreement was reached after "intense negotiatio...

United States files two cases against China to WTO

The United States had filed two cases against China at the World Trade Organization (WTO), the U.S. trade representative Ron Kirk announced on Wednesday. One case requests dispute settlement consultations, the first step in litigation, regarding China's imposition of anti-dumping ...

Oil falls below 75 dollars as supply concerns ease

Oil prices slid below 75 U.S. dollars a barrel on Thursday as mixed economic reports and fading worries about supply disruption weighed on the market. The U.S. Labor Department said that the number of people filing for jobless benefits fell to 450,000 last week, while analysts ...

China's economic stimulus creates 22 million jobs: minister

So far an estimated 22 million jobs have been created in China from the government's 4-trillion-yuan (595.4 billion U.S. dollars) stimulus injected into the economy since the international financial crisis hit. Yin Weimin, minister of human resources and social security, made the ...

Seventh China-ASEAN Expo closes in south China, boosting FTA operations

The 7th China-ASEAN (Association of Southeast Asian Nations) Expo has helped forge closer ties between China and ASEAN nations and promote the operation of China-ASEAN free trade area (CAFTA), an official with the organizing committee said here Sunday. The six-day event, which ...

Singapore Exchange bids to merge with Australian Exchange

The Singapore Exchange (SGX) and Australia's Australian Exchange (ASX) announced on Monday that they have entered into a merger implementation agreement. Local TV broadcaster Channel NewsAsia said the Singapore Exchange (SGX) has launched a 8.2 billion U.S. dollars bid to merge ...

Economic uncertainties check stock market rally

The strength of the liquidity-driven rally in the Chinese stock market may be weakened in the coming months as uncertainties still remain in the Chinese economy which has shown signs of moderate slowdown, analysts said. "The rally in the equities market was a result of the ...

ASEAN companies eye China for future growth

Companies from countries in the Association of Southeast Asian Nations (ASEAN) look to China as a key source of customers and are working to expand their presence in the world's fastest-growing major economy. At the ongoing 7th China-ASEAN Expo, hundreds of companies from ASEAN ...

China, Russia continue to enjoy advanced economic ties

China and Russia enjoy a strong partnership that precludes any need or desire for competition, a senior Moscow official said at the conclusion of a state visit on Tuesday. "We should make use of our complementary economies and continue to enhance cooperation on the basis of our ...
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Merck to put $1.5b in R&D
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IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
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Chinese investors look to overseas opportunities
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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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sports

Yao's gift of sport for all
Yao's gift of sport for all
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Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
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