- US Stocks Jumps on EU Bailout Plan
U.S. stocks rocked to their biggest gain in a year Monday with Dow index closing up nearly four percent after a massive rescue package for the eurozone eased investors' fear of a sovereign debt crisis.
- George Soros Aims Clean Energy Investment in China
George Soros says there are many investment opportunities in China as the country's government has made climate issues part of its public policy, which is unlike other countries or regions in the world.
- China's Energy Use Rises in Q1
China's energy consumption per unit of gross domestic product rose 3.2 percent in the first quarter, adding to pressure to cut consumption for the rest of 2010.
- CNOOC Wraps Agentina Joint Venture
CNOOC has completed its planned 3.1 billion U.S. dollars acquisition of a 50 percent stake in an Argentine joint venture Bridas Corporation.
- U.S. Fed Keeps Interest Rates Unchanged
The U.S. Federal Reserve decided to leave its rates unchanged in the range of zero to 0.25 percent, saying the economic conditions were likely to warrant exceptionally low levels for an extended period.