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Asia Top News and Analysis China


  • China Telecom to Pay Unicom $14 Billion for Network Monday, 2 Jun 2008 | 12:16 AM ET
    Cell phone tower, telcom, telecom

    China Telecom and its state parent will pay more than $14 billion to buy a wireless network owned by the China Unicom group, entering a lucrative mobile arena in the first deal reached under Beijing's sweeping overhaul of the world's largest telecoms industry.

  • China Economy Is Softening, PMI Data Show Sunday, 1 Jun 2008 | 7:13 AM ET
    China, Chinese Flag

    China's manufacturing sector slowed last month for the first time since January as export orders and domestic investment both weakened, an official survey showed on Sunday.

  • Oil Settles Above $127 a Barrel on Weaker Dollar Friday, 30 May 2008 | 3:05 PM ET

    Oil prices rose to more than $127 a barrel on Friday as a drop in the dollar drew in investors seeking to hedge against the weaker greenback.

  • Joy Global CEO: Don't Blame Hedge Funds Thursday, 29 May 2008 | 7:30 PM ET

    High prices in the commodities markets have more to do with supply and demand than trader speculation, says Michael Sutherlin.

  • Oil Prices Plunge Over $4 To End Below $127 a Barrel Thursday, 29 May 2008 | 2:03 PM ET

    Oil prices dropped over $4 to below $127 a barrel as concerns about global energy demand and strength in the dollar countered a big decline in U.S. stockpiles last week.

  • Coach to Make Aggressive Push into China Thursday, 29 May 2008 | 4:41 AM ET

    U.S. handbag maker Coach says the China region will make up over 4 percent of its turnover by 2013 as it expands into 100 cities across the country over the next 10 to 15 years, betting its increasingly well-heeled consumers will demand more brand-name products.

  • Rio Tinto Forecasts Higher Output, Prices Thursday, 29 May 2008 | 3:54 AM ET
    Rio Tinto

    Production at global miner Rio Tinto will increase as global demand for commodities continues to soar, while prices are likely to continue rising, the company's CFO Guy Elliott told "Squawk Box Europe" on Thursday.

  • Emerging Money: Inflation Safety Zone Wednesday, 28 May 2008 | 6:47 PM ET

    Inflation appears to be escalating sharply throughout Russia, India and other emerging markets. Fortunately, Tim Seymour may have found a safety zone.

  • Oil Prices Could Be Nearing A Peak After Record Rise Wednesday, 28 May 2008 | 5:01 PM ET
    Oil Refinery

    The unprecedented run-up in oil prices may finally have reached a peak as the dollar stabilizes, Saudi Arabia boosts production slightly and demand slows, analysts say.

  • Oil Prices Settle More Than $2 Higher at $131 Wednesday, 28 May 2008 | 3:31 PM ET

    Oil rose $2 to more than $131 a barrel Wednesday, rebounding from a sharp drop that had been triggered by concerns about a slowdown in world energy demand.

  • Oil Prices Settle Below $129; Gasoline Hits Record Tuesday, 27 May 2008 | 5:23 PM ET

    U.S. crude oil futures closed more than $3 lower on Tuesday, extending a slide as a stronger dollar, technical weakness and demand concerns kept the pressure on the oil complex.

  • Quake Policy Must Curb Inflation: China Central Bank Monday, 26 May 2008 | 9:39 PM ET
    China, Chinese Flag

    Monetary policy should aim to help China recover from this month's devastating earthquake but it must also continue to fight inflation, central bank chief Zhou Xiaochuan said.

  • US Crude Rises Above $133 On New Supply Worries Monday, 26 May 2008 | 11:49 AM ET

    Oil rose above $133 on Monday as long-term supply concerns lingered and fresh production problems appeared in Nigeria and Norway.

  • China Inflation Forecast to Hit 7% This Year Sunday, 25 May 2008 | 11:42 PM ET
    China, Chinese Flag

    China's consumer inflation is expected to reach 7% in 2008, up from 4.8% last year, a government economist said in comments published on Monday

  • China to Issue 3G Licenses, Merge Telco Majors Sunday, 25 May 2008 | 8:05 PM ET
    Cell phone tower, telcom, telecom

    China will issue three Licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and China Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.

  • Oil Prices Close Above $132 Before Long Weekend Friday, 23 May 2008 | 3:18 PM ET
    Oil Pump

    U.S. crude oil futures rose on Friday after seesawing before dealers bought defensively ahead of a long weekend and as the market eyed a weaker dollar and strikes affecting French port traffic.

  • Oil Prices Seen Averaging Above $107 This Year Friday, 23 May 2008 | 1:38 PM ET
    Oil Pump

    Oil prices are expected to average above $107 this year and to stay above $102 for the next two years due to concerns over long term supply constraints and strong demand from emerging markets, a Reuters survey of analysts found.

  • Should World Leaders Skip the Olympics? Thursday, 22 May 2008 | 5:40 PM ET

    The controversy over China's treatment of  Tibet has had many discussing whether world leaders should skip the summer Olympics in Beijing.  A survey  in Germany and France found a majority believe their leaders should not attend the Opening Ceremonies.

  • Oil Prices Settle Near $131 after Intraday Record Thursday, 22 May 2008 | 3:41 PM ET
    Oil Refinery

    Oil prices pulled back sharply from a record above $135 a barrel on Thursday as dealers took profits from a dazzling rally and a recovering U.S. dollar dampened commodities markets.

  • End of Energy Subsidies: Pro & Con Thursday, 22 May 2008 | 3:39 PM ET

    There are signs that emerging-market governments who provide gasoline and other energy subsidies to their citizens are under intense pressure to lower those subsidies, and this is causing some trepidation among stock market bulls.