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World Business

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Wall Street selloff continues on fresh European concerns  2010-05-25 13:51:15

Wall Street ended broadly lower, with both the Dow and S&P down more than 1 percent, as a late plunge of financial sector accelerated selloff across the board.



Toyota halts US sales of Lexus LS sedan  2010-05-25 13:26:44

Toyota Motor Corp, the world’s largest carmaker, halted US sales of its flagship $65,000 Lexus luxury sedan that was recalled last week until a fix for a steering flaw is found.



Copper prices climb on US, China expansion  2010-05-25 10:03:28

Copper rose for a third day in London on speculation that the economies in China and the US will continue to expand in the face of Europe's sovereign-debt crisis.



Asian stocks rise as China tightening concerns ease  2010-05-24 16:34:49

Asian stocks rose, led by the biggest gain in China's shares since November, on speculation Chinese policy makers will rein in efforts to cool the economy as Europe's debt crisis threatens a global recovery.



Japan govt cautious on Europe risks, still sees deflation  2010-05-24 15:09:34

Japan's economy is picking up steadily but Europe's debt crisis, wild swings in financial markets and deflation pose risks to its outlook, the government said on Monday.



Gold snaps three-day drop as haven allure strengthens on Europe  2010-05-24 14:38:06

Gold climbed, snapping a three-day retreat, as renewed weakness in the euro revived demand for a haven and last week's decline to the lowest level in more than two weeks boosted the metal's allure.



Australia says door open on mining 'super tax'  2010-05-24 14:10:42

Australia signalled Sunday it is open to compromise on the controversial plan to tax the "super profits" of the mining boom but insisted the 40 percent headline rate will stay.



Mining projects put on hold by super tax fears  2010-05-24 09:38:23

Andrew Forrest, whose Fortescue Metals Group Ltd stake has fallen by about $700 million since Australia proposed a mining profits tax three weeks ago, said the government was unwilling to compromise on the plan.



Ford recalls 170,000 cars in Argentina, Brazil for ignition problem  2010-05-22 17:16:54

The US Ford Motor Company has recalled more than 170,000 cars of model "Ka" in Argentina and Brazil for a problem in the electrical ignition device, which can cause a fire, the company said Friday.



EU task force agrees on four targets on economic governance  2010-05-22 17:14:26

A task force of European Union ( EU) finance ministers and economic experts ended Friday its first meeting here in Brussels, agreeing on four targets on strengthening economic governance of the bloc.



Low-deficit Danes are good bet  2010-05-22 10:36:37

Iceland is on the road to recovery  2010-05-22 10:38:19

Rolling house  2010-05-20 16:51:40



Brazil's economy up nearly 10% in Q1  2010-05-20 12:54:51

Oil declines to 7-month low  2010-05-19 13:52:06



Bailout raises bankers' mistrust  2010-05-18 12:52:39

Spill outlook bleak for US coast  2010-05-17 11:22:38

'Uncertainties' damage euro's value  2010-05-17 10:07:10

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.

Maintaining that oh so youthful look

Rising salaries drives firms west

Funeral companies a dead cert for investors

Silk Market dismisses fake goods report

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Major Markets
Name Value Change Time
Shanghai 2,996.21 +1.83% Mon
Shenzhen 13,140.88 +1.92% Mon
HSI 23,313.19 -0.41% Mon
NIKKEI 10,505.02 -1.76% Mon
Dow 12,090.03 -0.66% Mon
Nasdaq 2,745.63 -1.40% Mon
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