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Another Lengthy Gridlock in China

September 3, 2010

A 75-mile jam between metropolitan Beijing and Inner Mongolia has caught national attention.

Service sector spotlight shines on Germany, China

September 3, 2010

LONDON (Reuters) - Global service sector surveys highlighted a growing divergence in economic recovery on Friday with a pick up in growth in China and Germany but slowdowns in Britain and Spain and an expected deceleration in the United States.

Heavy in dollars, China warns of depreciation

September 2, 2010

BEIJING (Reuters) - China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.


China tells state companies to explore Potash bid

September 3, 2010

TORONTO/HONG KONG (Reuters) - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton’s $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.

Canada fund approached by China investors on Potash

September 2, 2010

TORONTO/HONG KONG (Reuters) - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s $39 billion hostile offer.

Futures point to Wall Street edging lower

September 2, 2010

China coal trucks stuck in 120 km traffic jam

September 2, 2010

BEIJING (Reuters) - More than 10,000 trucks mainly carrying coal are stuck in a 120 km (75 mile) traffic jam in the northeastern Chinese region of Inner Mongolia, in the latest dramatic snarl-up on the country’s roads.

China digs for ways to stymie BHP’s Potash Corp bid

September 1, 2010

MELBOURNE/HONG KONG (Reuters) - China is stepping up attempts to hamper BHP Billiton’s $39 billion hostile offer for Potash Corp, amid worries about future supplies of fertilizer it needs to rapidly boost food production.

Sinochem hires HSBC regarding Potash options: report

September 1, 2010

NEW YORK (Reuters) - China’s Sinochem has hired HSBC bank to advise it on its options regarding Potash Corp , the target of a $38.6 billion hostile bid from BHP Billiton, the Wall Street Journal reported on its blog on Wednesday, citing a person familiar with the situation.

GM says sales drop 25 percent, sees slower recovery

September 1, 2010

BEIJING/PARIS (Reuters) - Asian auto sales soared in August, boosted by government incentives although U.S. economic uncertainty and slowing growth in China look set to curb demand, while in Europe car sales fell as scrapping bonuses ran out.

Stock futures rise as economy concerns ease

September 1, 2010

NEW YORK (Reuters) - Stock index futures rose on Wednesday as new signs of growth in China and Australia eased concerns about the global economy and investors awaited data on the labor market and housing.

China Requires ID for Mobile Phone Numbers

September 1, 2010

The government is looking to curb cellphone spam, pornography and fraud schemes.

N.Korea seeks stronger ties with China

September 1, 2010

BEIJING (Reuters) - North Korea vowed to strengthen military ties with China on Wednesday, days after the North’s leader Kim Jong-il finished a visit aimed at bolstering the bond with his isolated country’s sole major supporter.

China manufacturing picks up, India going strong

September 1, 2010

BEIJING (Reuters) - China’s manufacturing sector regained some momentum in August while India and Russia continued to power ahead, cheering investors in the face of signs that sputtering U.S. recovery was cooling global demand.

Asia stocks gain as yen nears 15-year high

September 1, 2010

SINGAPORE (Reuters) - Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen inched up toward a 15-year peak against the dollar.

Critics put on mute as China tightens mobile phone rules

August 31, 2010

BEIJING (Reuters) - Chinese mobile telephone users must register their personal details to buy phone numbers under a rule that comes into force from Wednesday, in what the government calls an attack on spam but some see as a blow to privacy.

Business, News »

China tells state companies to explore Potash bid

September 3, 2010

TORONTO/HONG KONG (Reuters) - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton’s $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.

Business, News »

China tells state companies to explore Potash bid

September 3, 2010

TORONTO/HONG KONG (Reuters) - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton’s $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.