Asian stocks were mixed amid choppy trade on the first trading day of the week, as a raft of sluggish manufacturing surveys released across Europe and Asia over the past week curbed risk appetites.» Read More
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Stocks significantly pared losses, although continued to trade lower, after the Federal Reserve reaffirmed intentions to continue stimulating the economy through bond purchases even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained.
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China boosted its ambitions to challenge Airbus and Boeing for a slice of a global market worth $1.7 trillion with a 100-plane order for its first commercial jetliner at a lavish ceremony on Tuesday.
With the 2008 Summer Game's set to begin today in Beijing, here is a look at China By The Numbers:
China's National Aviation Fuel Holding , the country's near-monopoly jet fuel distributor, is set to charge domestic airlines about 15% more from July 1, an industry executive said on Monday.
Shares of China Eastern Airlines, Cathay Pacific Airways and Air China nose-dived on Tuesday after Air China and Cathay said they would not proceed with a plan to buy a slice of China Eastern. .