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World Business

BUSINESS Economy Companies Money Green China Statistics InfoGraphic Newsmaker Biz Unusual

S Korea jittery on currency changes  2010-04-28 11:28:59

A revaluation of the Chinese currency would harm the economic growth of South Korea and the stability of the Chinese economy, a high-level official from South Korea told China Daily on Tuesday.



Bernanke urges White House, lawmakers to tackle deficit  2010-04-28 10:55:07

US Federal Reserve Chairman Ben Bernanke urged the government and Congress to take action to curb federal budget deficit problem, warning that the red ink would do "great damage" to the US economy in the long run.



Volcanic ash cloud costs EU airlines $3.3b  2010-04-28 10:13:58

The ash cloud resulting from a volcanic eruption has caused economic damage of up to 2.5 billion euros ($3.3 billion) to the European airline industry, the European Commission said on Tuesday.



S&P cuts Greece ratings to junk status  2010-04-28 10:12:55

Standard & Poor's cut its long- term sovereign credit rating on Greece to junk status on Tuesday, suggesting further downgrades were possible.



Wall Street tumbles most in nearly 3 months  2010-04-28 09:42:54

Wall Street tumbled Tuesday, with the Dow Jones industrial average falling more than 200 points, as market sentiment was badly hurt after Standard & Poor's cut its rating on Greece.



Gold rallies on mounting fear over eurozone debt crisis  2010-04-28 09:33:35

Gold futures on the COMEX Division of the New York Mercantile Exchange ended higher on Tuesday, lifted by escalating concerns that the sovereignty debt crisis is mushrooming to other debt-plagued eurozone countries. Silver and platinum both closed sharply lower.



Crude prices fall on Europe's debt woes  2010-04-28 05:19:15

Crude prices fell on Tuesday on concerns over Europe's debt woes.



Oil retreats as Greece concern boosts dollar  2010-04-27 10:41:56

Oil prices retreated toward $84 a barrel on Monday as Greece debt worries sent the dollar rising.



Toyota's worldwide sales fall for 2nd straight year  2010-04-27 10:40:04

Toyota Motor Corp announced Monday from its head office in Nagoya, Aichi Prefecture, its global auto sales in fiscal 2009 fell 1.4 percent to 7,291,000 units, marking the second successive year of decline.



Global oil demand to increase by 5m bpd in 5 years: Kuwait  2010-04-27 10:21:55

Gulf oil-exporter Kuwait said on Monday the world oil demand is estimated to increase by around 5 million barrels per day in the next five years.



US Treasury to sell Citigroup stock  2010-04-27 09:42:14



Recession receding, says BOJ  2010-04-22 13:20:30

India increases key interest rate  2010-04-21 10:55:55

Apple to post strong 1Q earnings  2010-04-20 06:24:49



Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

Wealthy wary of grand giveaways

Chinese exports ease Korean kimchi crisis

Hobby's big appeal

Large crowds force Forbidden City to rethink ticketing policy

more
Major Markets
Name Value Change Time
Shanghai 2,975.24 -0.28% Fri
Shenzhen 13,224.98 +0.87% Fri
HSI 23,607.22 -0.18% Fri
NIKKEI 9,426.71 +0.54% Fri
Dow 11,146.57 +0.35% Thur
Nasdaq 2,459.67 +0.09% Thur
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