Geithner Believes China will Let Its Currency Appreciated
U.S. Treasury Secretary Geithner said in an interview that China let Federal Reserve set yuan's path and China will allow its currency to appreciate.
China Railway Wins $4.8 Billion Indonesia Contract
It's a long term contract, and will not have a major impact on its earnings in 2010 and the next few years.
Low-carbon Development May Create Millions of New Jobs
Creating markets for low-carbon technologies will in turn create new job opportunities
Steel Kingpin Du Shuanghua Involved in Rio Tinto Bribe Case
Du Shuanghua said in its testimony that he had given Wang Yong 9 million U.S. dollars in appreciation for his support for Rizhao Steel.
IDB Set to Increase Financing for Renewable Projects
IDB plans to provide as much as 80 percent of its loans to renewable energy projects in private sectors
Shanda Interactive Announces $300M Buyback Plan
Shanda announced Monday that its Board of Directors has approved a share repurchase program to buy back up to 300 million U.S. dollars of its shares.
Greek PM: Need Political Support, Not Bailout
Papandreou says Greece requires no bailout, just political support from Europe
China Says Google "Totally Wrong" to Stop Censoring
David Drummond, Google's chief legal officer, said the company will redirect users in China to Google's Chinese-language service based in Hong Kong on Tuesday
IMF Lipsky Warns High Level of Public Debts
The IMF projects that gross general government debt in the G-7 advanced economies, except for Germany and Canada, will rise from an average of about 75 percent of GDP at the end of 2007 to more than 100 percent of GDP at the end of 2014.
EU Members Divided on Aid to Greece
European leaders expressed divergent opinions on aids to Greece recently
CNPC, Shell to Acquire Australian Arrow Energy
Australia Arrow Energy Ltd. has approved the sale of most of its assets in Australia to Shell and CNPC with a total consideration of 3.5 billion Australian dollars.
FAW Group, CadFund Sign US$100 Million Investment Deal
The investment will be the biggest in Africa for auto industry to date, coming in at 100 million U.S. dollars
Chinalco, Rio Agree to Develop Guinea Iron Ore Mine
Rio Tinto struck a deal with Aluminum Corporation of China on Friday to develop the Simandou iron ore reserve in Guinea in West Africa
China Mobile: Has Been in Talks with Apple on iPad, 3G iPhone
China Mobile hopes to offer both Apple's iPad and a version of the iPhone that supports TD-SCDMA, the 3G standard used by its networkstandard
Obama Outlines Plan to Increase Employment
Obama outlined a plan to create jobs and help the nation's economy by reducing taxes on March 18
Tencent Net Profits Top 5.16 Billion Yuan in 2009
Net profits of Tencent Holdings Ltd, China's biggest Internet company by market value, hit 5.16 billion yuan last year
OPEC to Keep Oil Quotas Unchanged
It is the fifth consecutive time since last year that OPEC decided to maintain the production quotas at the same level
US, India Sign Agreement on Trade, Investment Rules
The United States and India signed an agreement to set rules for trade and investment on March 17.
Japan Frees up Cash to Fighat Deflation
Japan's central bank doubled the amount of cash it will make available to banks Wednesday while keeping interest rates at a record low
U.S. Officials Predict a Robust Recovery for Economy
The economic growth in the United States is projected to rise to 4.3 percent in 2011 and 2012.
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