Murilo Ferreira, CEO of Vale, tells CNBC's Sri Jegarajah why he isn't worried about the recent slump in iron ore prices. He also explains why he remains upbeat on China.» Read More
NEW DELHI, Sept 18- Indian and Chinese soldiers pulled back from a stand-off on a Himalayan plateau on Thursday, helping salvage the mood during a rare visit by China's President Xi Jinping to New Delhi aimed at opening a new phase in cooperation between Asia's giants. "China and India paid great attention to the aforementioned border issue.
BEIJING— Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy. By contrast, private sector tech champions such as Lenovo Group in personal computers and search engine Baidu Inc. survived bruising competition to rise to the top of their industries.
BEIJING, Sept 18- When China's top leaders gathered at the seaside resort town of Beidaihe last month, they agreed the economic focus for the rest of the year would be to put reform ahead of stimulus and accept growth could come in below their target of 7.5 percent.
NEW DELHI, Sept 18- Indian and Chinese soldiers faced off on a Himalayan plateau on Thursday, dampening the bonhomie around a rare visit by China's President Xi Jingping to New Delhi and a reminder of problems underlying growing commercial ties. "There is an ongoing situation," an official at India's army headquarters in Delhi said.
HONG KONG, Sept 18- China shares held onto slim gains on Thursday, as a jump in banking stocks outweighed falling property developers hurt by weak housing data. Gemdale Corp shed 2.9 percent, while Poly Real Estate Group lost 0.9 percent.
BEIJING— Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale.
TOKYO, Sept 18- Confidence at Japanese manufacturers fell the most in nearly two years in September as a tax increase hit the economy harder than expected, while exports slid in August in a further sign that conditions have deteriorated in the crucial third quarter.
BEIJING, Sept 18- China's new home prices fell in August for a fourth straight month and declines spread to a record number of cities, underlining a deepening downtrend in the property market that is increasingly weighing on the broader economy.
HONG KONG, Sept 18- China shares extended gains on Thursday morning bolstered by a leap in bank and brokerage stocks, while the Hong Kong market dipped back into the red as economic worries prevailed. "For Hong Kong, the negative impact mainly comes from the Chinese economy," said Linus Yip, strategist at First Shanghai Securities.
BEIJING, Sept 18- China home prices fell in August for a fourth straight month, official data showed on Thursday, underlining a deepening downtrend in the property market that is increasingly weighing on the broad economy.
BEIJING, Sept 18- Average new home prices in China's 70 major cities fell 1.1 percent in August from July, a fourth consecutive monthly drop, according to Reuters calculations from official data published on Thursday.
TOKYO, Sept 18- Confidence at Japanese manufacturers fell the most in nearly two years in September as a tax increase hit the economy harder than expected, a Reuters poll showed, suggesting further difficulty for the struggling recovery.
WASHINGTON— The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar. Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.
*Uncertainty persists over Scotland referendum. NEW YORK, Sept 17- Stock markets around the world edged higher on Wednesday after the U.S. "There are no major changes, and the market should be reasonably satisfied with that," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York.
NEW YORK, Sept 17- Stock markets around the world were little changed on Wednesday as investors awaited the Federal Reserve's policy statement, with expectations high that the U.S. central bank will maintain a pledge to keep rates low for a "considerable time."
Alibaba is making big business bets around the globe, but it's endgame is still unclear.
*Sellers say holding talks with China on Kurdish oil sales. *A China deal could hurt Baghdad's efforts to halt trades.
Alibaba's Jack Ma has been touting the e-commerce giant as a way for U.S. companies to get into China. CNBC's Kate Rogers takes a look at some scams and orders that have not panned out for small businesses.
*Uncertainty persists over Scotland referendum. NEW YORK, Sept 17- Stock markets around the world rose on Wednesday, boosted by speculation that the U.S.