TRADE WARS - SINO DAILY

Dec 19, 2012 (AFP)

The United States and China pledged Wednesday to find ways to cooperate in their often fractious trade relationship in their first high-level talks since major ...

AIG raises $6.45 bn in final stake sale of insurer AIA

Dec 18, 2012 (AFP)

Asian insurer AIA said Tuesday that US giant American International Group (AIG) had sold its remaining stake in the firm, raising $6.45 billion and completing a...

Foreign investment in China falls again in November

Dec 18, 2012 (AFP)

Foreign direct investment in China fell in November for a sixth straight month, the government said Tuesday with the outlook expected to remain weak in 2013 due...

China says more cities record home price rises

Dec 18, 2012 (AFP)

The cost of new homes increased in more Chinese cities in November than in the previous month, official figures showed Tuesday, despite efforts from the governm...

Fresh Myanmar protest against Chinese mine

Dec 18, 2012 (AFP)

Opponents of a Chinese-backed copper mine in northern Myanmar have resumed their protest just weeks after a violent police crackdown on demonstrators at the sit...

WTO appoints panel to probe China, US trade disputes

Dec 17, 2012 (AFP)

The World Trade Organization on Monday established a panel to look into a complaint from China against the United States in connection with a string of trade di...

Walker's World: A mega trade pact?

Dec 17, 2012 (UPI)

As if to show that they can from time to time lift their eyes from own troubled navels, the European Union and the United States have revived the venerable sche...

Migrant workers rally over Hong Kong working conditions

Dec 16, 2012 (AFP)

About a thousand migrant domestic workers from Southeast Asia rallied in Hong Kong Sunday to mark International Migrants Day and push for better working conditi...

Britain looks to Chinese tourists for Christmas cheer

Dec 16, 2012 (AFP)

With their shelves spilling over with festive goodies, London's department stores are working hard to attract Christmas shoppers -- but Chinese visitors are the...

EU moves closer to eurozone integration

Dec 14, 2012 (UPI)

European leaders Friday unveiled plans for a deeper integration of the 17-member eurozone in the 27-nation European Union amid signs the outcome of the latest d...

Job losses threaten U.S. innovation

Dec 14, 2012 (UPI)

Long-term reductions in the work force have damaged the United States' capacity to innovate and harmed the prospects for long-term economic growth, experts say....

Australia's resources, boom or bust?

Dec 13, 2012 (UPI)

Investment costs in Australia's resource sector must be cut to maintain a good pipeline of projects, a government official said. "Australia is still exceptional...

Chinese strikers weighing legal steps in Singapore

Dec 12, 2012 (AFP)

Four Chinese bus drivers facing possible jail for instigating Singapore's first industrial strike in 26 years were given more time on Wednesday to explore their...

Rio sells mine stake to China-S. Africa consortium

Dec 12, 2012 (AFP)

Anglo-Australian mining giant Rio Tinto said Wednesday it had sold its majority stake in South African copper producer Palabora for US$373 million to Chinese an...

IMF warns Hong Kong property faces price correction

Dec 12, 2012 (AFP)

The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the w...

Chinese cities becoming too costly for expats: survey

Dec 12, 2012 (AFP)

Chinese cities now dominate the list of the most expensive places in Asia for expatriate residents due in part to a stronger local currency, a regional survey s...

Hungary offers residency permits for 250,000 euros

Dec 11, 2012 (AFP)

Foreign investors can now snag themselves Hungarian residency permits for 250,000 euros ($325,000), following the approval of a bill amendment in Hungary's parl...

HSBC being punished for 'stunning failures': US

Dec 11, 2012 (AFP)

HSBC intentionally broke US sanctions on Iran and other countries and laundered Mexican drug money to build its business, the US said Tuesday as it socked the g...

HSBC to pay $1.92 bn to settle US laundering probe

Dec 11, 2012 (AFP)

Banking giant HSBC said Tuesday it would pay US authorities a record $1.92 billion to settle allegations of money laundering that were said to have helped Mexic...

Abramovich to pay $1.49 bn for Norilsk stake

Dec 11, 2012 (AFP)

Billionaire Chelsea FC owner Roman Abramovich is to pay almost $1.49 billion to acquire a stake in Russian mining giant Norilsk Nickel to help end a feud betwee...