Archive for December 2012
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Fitch Ratings warned on Wednesday that so-called US fiscal cliff is the top risk to the world economy, and expressed concern easing market pressure and elections could make the eurozone complacent. "Fitch has identified the
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British oil giant BP said on Wednesday that it had agreed to sell its stake in China's Yacheng gas field to the state-owned Kuwait Foreign Petroleum Exploration Company (KUFPEC) as part of a divestment programme.
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France unveiled a long-awaited bank reform, hailing it as a model for the rest of Europe even as critics said it fell short of President Francois Hollande's campaign pledge to get tough with the financial
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A World Trade Organisation adjudication panel has largely backed complaints by Japan and the European Union against a renewable energy programme in the Canadian province of Ontario, the WTO said on Wednesday. The panel ruled
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The United States pressed forward on Tuesday with plans to slap steep punitive duties on wind turbine towers imported from China at prices deemed unfairly low, even as officials welcomed a high-level Chinese delegation for
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The United States pressed forward on Tuesday with plans to slap steep punitive duties on wind turbine towers imported from China at prices deemed unfairly low, even as officials welcomed a high-level Chinese delegation for
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Taiwan's Yang Ming Marine said Wednesday it has agreed to sell a Chinese consortium a 30 percent stake in a container terminal for $135 million, in the first such deal between the island and the
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Hong Kong shares climbed to a near 17-month high on Wednesday as investors cheered signs that the US can avert its "fiscal cliff" and welcomed Chinese news reports that Beijing planners want to give markets
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Japan's Nikkei share average jumped 2.4 percent to end above 10,000 for the first time in more than eight months on Wednesday, on growing expectations of easier monetary policy under a new government. Signs of
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US stocks were little changed on Wednesday as investors found scant reason to continue buying following the best two-day rally for the S&P in a month. General Motors bucked the overall weakness to surge more
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