Correction: China-Electric Bikes storySHANGHAI — In a July 25 story about electric bikes in China, The Associated Press reported erroneously that some bikes are powered by nickel-meter-hydride batteries. The correct term is nickel-metal-hydride. Weinsteins’ Asian debut ‘Shanghai’ aims for fall release in the regionHONG KONG — The Weinstein brothers’ Asian debut is aiming for a fall release in the region, a year after finishing shooting, but its U.S. release date still hasn’t been decided, the Hollywood filmmakers’ production company said Thursday. Asian markets tumble on China data rethink, Wall Street’s big overnight lossesSHANGHAI — Asian markets tumbled Wednesday with Chinese shares falling nearly 5 percent on renewed jitters over the economic outlook after Wall Street suffered its biggest loss in five weeks. European markets were mixed. Asian markets fall, tracking Wall Street overnight losses, as investors cash in recent gainsSHANGHAI — Asian markets fell back Wednesday on renewed jitters over the economic outlook after Wall Street overnight suffered its biggest loss in five weeks. Oz, China spat over Rio Tinto ’spy’ claim may be on the mendSHANGHAI - With the Chinese Government backtracking on a website article that accused a British-Australian steel company of industrial espionage costing Beijing 100 billion dollars, and Australian diplomats in Shanghai meeting detained Rio Tinto executive for a second time, it appears as if ties between Beijing and Canberra are on the mend after weeks of tension. Mining giant Rio Tinto guilty of commercial espionage worth 100 B dollars: ChinaSHANGHAI - Relations between China and Australia are likely to take a turn for the worse with authorities in Beijing accusing the British-Australian mining giant Rio Tinto of engaging in commercial espionage that cost China about 100 billion dollars. Typhoon pummels China, toppling houses, flooding villages and forcing nearly a million to fleeBEIJING —A typhoon pummeled China’s eastern coast Sunday, toppling houses, flooding villages and forcing nearly a million people to flee to safety. Officials rode bicycles to distribute food to residents trapped by rising waters. Report: China preparing to let foreign companies list on stock market with international boardBEIJING — China’s main stock exchange plans to launch an international board next year that would allow foreign companies to sell shares denominated in Chinese currency for the first time, a news report said. Huge costs of raising sons force Chinese parents to pray for daughtersSHANGHAI - Turning their backs on the age old tradition, expectant Chinese parents have begun to hope for a daughter rather than a son, considering the huge costs involved in raising a boy. Asian stocks rise as better-than-expected earnings lift sentiment; European shares weakerHONG KONG — Asian stock markets closed out a robust July with more gains Friday as better-than-expected earnings at companies from Japan to the U.S. reinforced hopes of stronger global growth. European markets were weaker in early trade. 51,000 Chinese qualified to be country’s ‘new aristocrats’SHANGHAI - There are 51,000 people in China who are qualified to be called “new aristocrats”. Asian stock markets recover previous day’s steep fall; Shanghai gains over 1 percentHONG KONG — Asian markets rebounded Thursday as China tried to allay concerns it would curb lending that’s helped fuel a recovery in the region’s second-biggest economy. European markets were mixed. Asian stock markets drop again after previous day’s steep fall; Shanghai slides over 1 percentHONG KONG — Asian stock markets fell Thursday, with Chinese shares leading the decline amid concerns the recent rally was overdone. Chinese construction company, world’s biggest IPO of 2009, soars as trading startsBEIJING — Shares in the company that built the “Water Cube” swimming center for the Beijing Olympics soared Wednesday as trading began after it raised $7.3 billion in the world’s biggest initial public offering since March 2008. European markets trim gains as Wall Street opens modestly lower following 2 week rallyLONDON — European stock markets trimmed gains Thursday as Wall Street fell modestly and investors baulked at staking out positions ahead of Friday’s crucial U.S. jobs data. World markets start new week with gains as European corporate reporting season kicks into gearLONDON — World stock markets rose again Monday amid ongoing hopes that corporate earnings will outperform expectations and give another signal that the global recession is loosening its grip. World stocks extend rally as company results whet investor appetite for risk; Tokyo up 1.4 pctHONG KONG — Asian markets extended their winning streak Monday as hopes company earnings will rebound along with global growth continue to drive investors into stocks. European shares followed Asia higher. Shanghai exchange’s first IPO in 11 months soars 323 percent on debut trading dayBEIJING — The first company to list on China’s main stock exchange in 11 months soared more than 300 percent in its trading debut Monday, reflecting renewed market activity following a sharp decline last year. In China, the bicycle kingdom, e-bikes beat traffic and take the sweat out of pedal-pushingSHANGHAI — It’s a simple pleasure, but Xu Beilu savors it daily: gliding past snarled traffic on her motorized bicycle, relaxed and sweat-free alongside the pedal-pushing masses. Chinese construction company raises $7.3 billion in world’s biggest IPO this yearBEIJING — The company that built the “Water Cube” swimming center for the Beijing Olympics said Friday it raised $7.3 billion in the world’s biggest initial public offering this year, highlighting a revival in China’s financial markets. Shanghai promotes China’s 1-child policy loopholes: Have 2 if both parents were only childrenBEIJING — Family planning officials in Shanghai are making home visits and slipping leaflets under doorways to encourage certain residents to have a second child in a bid to lessen the burden of the city’s growing senior population. Longest total solar eclipse of the century blankets parts of Asia in darknessTOKYO — From the Ganges River in India to remote islands of the Pacific, the sun rose Wednesday only to vanish again, allowing the stars to twinkle into view in the longest total solar eclipse this century will see — a celestial show that inspired awe and fear in millions across Asia. Australian appeals to China for quick Rio resolution, warns of possible business impactSHANGHAI — A visiting Australian state leader said he appealed to Chinese officials Tuesday to quickly resolve the case of a Rio Tinto Ltd. manager accused of espionage, warning that delays could harm business ties. Chinese construction company aims to raise up to $7.3 billion in world’s biggest IPO this yearBEIJING — The Chinese company that built the “Water Cube” swimming center for the Beijing Olympics said Tuesday it hopes to raise up to $7.3 billion in the world’s biggest initial public offering since March 2008. Chinese president’s son linked to multi-million pound African corruption probeSHANGHAI - Hu Haifeng, a Chinese businessman and the eldest son of Chinese President Hu Jintao, has been linked to a multi-million pound African corruption probe and faces questioning in connection with the investigation. ‘Transformers 2′ becomes biggest-ever movie hit in China, earning $59 millionHONG KONG — The “Transformers” sequel has become China’s biggest box office hit ever by earning 400 million Chinese yuan ($59 million), a publicist for the country’s leading state-run film company said Friday. European markets end higher as Wall Street pauses ahead of key earningsLONDON — European stock markets closed modestly higher Thursday as Wall Street paused for breath following three straight days of gains as investors awaited earnings from key companies including Google Inc. after the closing bell. World stocks edge up for fourth day after US jobless data, JP Morgan earningsLONDON — World stock markets edged higher Thursday as better than expected U.S. jobless claims data and forecast-busting earnings from JPMorgan Chase & Co. kept the rally going into a fourth day. US jobless data, JP Morgan lift world stocks again despite CIT bankruptcy concernsLONDON — European stock markets rose further Thursday after U.S. jobless claims numbers fell by more than anticipated in the last week — reinforcing optimism that the world’s largest economy may soon be growing. JP Morgan helps world stocks rise again despite CIT bankruptcy concernsLONDON — European stock markets rose modestly Thursday after U.S. bank JP Morgan Chase & Co. reported forecast-busting second-quarter earnings — another sign that the U.S. financial sector is on the recovery trail despite worries about a potential bankruptcy filing by commercial lender CIT Group Inc. |
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