General Motors China, China’s FAW announce $293 million commercial vehicles joint ventureSHANGHAI — General Motors China and state-owned automaker FAW Group Corp. have launched a 2 billion yuan ($293 million) joint venture to make light-duty trucks and vans, initially for the fast-growing Chinese market. Shanghai residents protest new train line, as city rushes to finish projects ahead of ExpoSHANGHAI, China — Construction of a high-speed rail link between Shanghai and the nearby city of Hangzhou is raising protests among residents who say the trains will run too close to their apartments — the latest hiccup in the long-debated project. China moves to reduce dependence on organs harvested from executed prisonersBEIJING — China has launched a national organ donation system to try to reduce its dependence on body parts harvested from executed prisoners, who make up the majority of donors, state media reported Wednesday. China’s offshore oil company CNOOC says 1H profit down 55 percent on lower oil pricesSHANGHAI — CNOOC Ltd., China’s third-largest oil and gas producer, said Wednesday its first-half profit sank 55 percent on sharply lower oil prices but it forecast better results as the economy recovers. World stocks slide as investors tread cautiously; China off 2.6 percent on recovery fearsLONDON — World stocks dropped, with Europe taking its cue from a 2.6 percent slump in China’s main index, as investors became uneasy over recent gains and looked to U.S. data later Tuesday for more direction. Asia stocks slide as investors tread cautiously; China off 2.5 percent on recovery fearsHONG KONG — Asian stocks dropped Tuesday, with China’s main index tumbling about 2.5 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery. Asia stocks slide as investors tread cautiously; China off 3.5 pct on recovery fearsHONG KONG — Asian stocks dropped Monday, with China’s main index tumbling more than 3 percent, as investors tread cautiously after a series of gains and looked for more signs of economic recovery. Spitting image: Gritty Chinese city cleans up its act, seeks to win ‘civilized’ awardGUANGZHOU, China — Government-backed neighborhood groups are going door-to-door in south China’s gritty business capital with a set of simple requests: Please stop spitting in public, cutting in bus lines and talking loudly in the streets. World stock markets jump after Fed chairman’s comments, housing data; Tokyo up over 3 pctHONG KONG — World stock markets jumped Monday as upbeat comments from the Federal Reserve’s chairman and signs the U.S. housing industry was healing strengthened confidence in a global recovery. Drop in China’s sizzling, unruly stock market not seen as threat to global economyBEIJING — International investors have been unnerved by the recent plunge in China’s stock market, fearing it signaled that a global recovery may be stalling, but many analysts say those worries are overblown. World stocks up on another Shanghai advance ahead of Bernanke commentsLONDON — European stock markets and Wall Street futures rose Friday after another advance in China and ahead of key comments from U.S. Federal Reserve chairman Ben Bernanke. World markets up as China bounces back, but US data limits gains in Europe, Wall StreetLONDON — World stock markets rose Thursday after Chinese shares bounced back with their biggest rally since March, a day after slumping nearly 5 percent. World markets up strongly as China bounces back after officially entering bear marketLONDON — World stock markets rose strongly Thursday after Chinese shares enjoyed their biggest rally since March, a day after slumping nearly 5 percent and officially entering a bear market. World markets gain as wobbling Chinese stocks claw back some losses, oil jumps above $72BANGKOK — Global stocks rebounded Thursday as China’s wobbling market clawed back some of its steep losses and oil prices jumped on signs of improving demand. Asian markets gain as wobbling China stocks claw back some losses, oil jumps above $72BANGKOK — Asian stocks rebounded Thursday as China’s wobbling market clawed back some of its steep losses and oil prices jumped on signs of improving demand. Stocks moderately lower amid concerns over global economy, weak consumer spendingNEW YORK — Uncertainty about the global economy is sending stocks lower once again. Stocks slide in early trading on concerns about consumer spending, weak overseas marketsNEW YORK — Uncertainty about the global economy is sending stocks lower once again. World stock markets lurch downward as sharp falls in China raise worries in Europe, USLONDON — World markets sank Wednesday as investors were spooked by sharp losses in China that strengthened fears stocks are now overpriced after this year’s powerful rally. U.S. markets were also set to open lower. World stock markets lurch downward as investors take profits from rally; China dives 4.3 pctHONG KONG — World stocks lurched lower Wednesday, with Shanghai’s index tumbling as much as 5 percent, as this year’s powerful rally started to peter out amid concerns the markets were overheating. Asian markets fall sharply as investors take profits from rally; Shanghai dives 4.3 percentHONG KONG — Most Asian stock markets dropped sharply Wednesday, with Shanghai’s index tumbling as much as 5 percent, amid concerns the recent rally was petering out. Asian stock markets mostly higher in cautious trade, but Shanghai shares fall modestlyHONG KONG — Most Asian stock markets drifted higher Wednesday, but many investors held back for clues to whether the recent rally would resume or continue to peter out. Giant Interactive 2Q earnings fall 34 percent as sales decline, but still beats expectationsSHANGHAI — Chinese online game developer Giant Interactive Group Inc. on Tuesday reported a 34 percent decline in second-quarter earnings on declining revenue. Morgan Stanley to buy Shanghai complex from Chinese developer for $358.5MNEW YORK — Chinese developer SOHO China Ltd. has agreed to buy a multistory office and retail complex in Shanghai, The Exchange, from Morgan Stanley’s real estate fund for about $358.5 million. World markets recover poise after big sell-off; Wall Street set for modest recoveryLONDON — European stock markets bounced back Monday, helped by some upbeat German economic data, a day after a deep sell-off around the world sent major indexes back down to levels from the beginning of August. Asian stock markets mixed and Europe higher after sell-off; Shanghai rebounds over 1 pctHONG KONG — Asian stock markets were mixed during a volatile session Tuesday a day after selling off amid deep-set worries about the pace of economic recovery. European shares opened higher. Asian stock markets trade mixed in volatile session; Shanghai rebounds nearly 2 percentHONG KONG — Asian stock markets were mixed during a volatile session Tuesday a day after selling off amid deep-set worries about the pace of economic recovery. Asia stocks extend sell-off as investors unable to shake recovery worries; Shanghai down 1 pctHONG KONG — Most Asian stock markets veered lower a second day Tuesday, extending a worldwide sell-off amid continuing fears about the pace of economic recovery. World stocks tumble as US consumer fears eclipse Japan growth; Shanghai dives nearly 6 pctHONG KONG — World stocks tumbled Monday as signs of weak U.S. consumer confidence aggravated doubts in the recovery’s strength, overshadowing news that Japan’s economy climbed out of its recession last quarter. Asian stocks tumble as US consumer fears eclipse Japanese growth; Tokyo slides nearly 3 pctHONG KONG — Asian stocks fell sharply Monday as signs of weak U.S. consumer confidence aggravated doubts in the recovery’s strength, overshadowing news that Japan’s economy climbed out of its recession last quarter. Major Internet pornography syndicate busted in ChinaSHANGHAI - A major Internet pornography syndicate was busted in China, when 13 people were detained for involvement in a cluster of websites that attracted 12 million members. |
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