Japan confirmed Monday that China's economy surpassed its own as the world's second largest in 2010 as Japan's nominal GDP last year reached $5.4742 trillion, less than China's $5.8786 trillion.
The market-based managed floating exchange rate regime tied to a basket of foreign currencies is the "best choice" for China's socialist market economy, a central bank official said here Sunday.
Nokia and Microsoft have teamed up to take on Google and Apple in the fast-growing smartphone market as the Finnish cellphone maker attempts to regain its leading position in the sector.
Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.
A group of US congressmen Thursday proposed a bill to press China to let its currency appreciate faster, a latest move that may harm China-US cooperation.
The US International Trade Commission (USITC) on Thursday decided to keep the existing antidumping duty order on imports of magnesium from China, but would revoke the same order on imports of this product from Russia.
The country's two major train manufacturers hope to get on track for potential business opportunities following the $53 billion high-speed rail investment plan unveiled by the Obama administration.
China's international patent filings under WIPO's Patent Cooperation Treaty (PCT) surged by 56.2 percent in 2010, leading the global growth in international patent filings, which saw a 4.8-percent increase over the period, the Geneva-based World Intellectual Property Organization (WIPO) announced at a press conference on Wednesday.
The emerging markets have started taking measures to combat inflation which has become a serious problem for them so far, but uncertainties still exist on whether these policies will be successful.
Brazilian Minister of Mines and Energy Edison Lobao launched on Tuesday the National Mining Plan 2030, with expected investments of $350 billion to be applied in research, searching, mineral processing, infrastructure and logistics.
The US International Trade Commission (USITC) determined Monday that imports of drill pipe and drill collars from China threatened the US industry with material injury.
Major trading partners of the United States, including China, did not manipulate their currencies to gain an unfair advantage in international trade in 2010, according to a report released by the US Treasury Department on Friday.
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