It was to be a swap felt around the world - a plan privately discussed by the world's largest oil exporter and the globe's biggest consumer to take the heat out of $120-plus oil prices.
China, the biggest buyer of US Treasury debt, boosted its holdings in April, the first increase after five straight declines.
TCL Corporation, one of China’s consumer electronics giants, signed a series of business contracts worth a total of 300 million euros with Italian manufacturers and distribution partners on Wednesday.
Doctors have recommended that a guardian be appointed to manage the affairs of 88-year-old L'Oreal heiress Liliane Bettencourt, whose fortune is subject to a long-running legal feud, a French newspaper said on Tuesday.
Four new community solar plants with panels manufactured in China have gone into service to cope with summer peak demand, major US electricity supplier Southern California Edison (SCE) announced Monday.
Samsung Electronics Co Ltd will become the world's largest smartphone maker this quarter, overtaking struggling Nokia Oyj which has lead the market since 1996, Nomura said on Monday.
The IMF board on Monday shortlisted French Finance Minister Christine Lagarde and Mexican central bank chief Agustin Carstens for the IMF top job and disqualified Israel's Stanley Fischer.
The World Economic Forum on East Asia was officially opened in Indonesia's capital city of Jakarta on Sunday by President Susilo Bambang Yudhoyono, in which he stressed the importance of Asian strength in helping the world in sustaining a strong and sustainable economic growth.
The International Monetary Fund, the intergovernmental group that oversees the global financial system and brings together 187 member nations, has become the latest known target of a significant cyber attack.
All key issues concerning Russia's accession to the World Trade Organization (WTO) have been resolved, Prime Minister Vladimir Putin said here on Thursday.
General Motors is considering putting Opel up for sale again as management is losing confidence that the European arm will return to profitability, two German magazines reported.
Citigroup Inc said computer hackers breached the bank's network and accessed data on hundreds of thousands of bank card holders in the latest of a string of cyber attacks on high-profile companies.