Although a huge buyer of commodities, Chinese futures markets don't set prices. London, New York, and Chicago do. A new Hong Kong exchange aims to challenge them.
06/22/2011 07:55 am
Jon Meade Huntsman Jr. wants his boss's job. President Obama’s former China ambassador declared his candidacy for the presidency on June 21. Dubbed “the Republican Democrats fear most,” the tall, handsome, cerebral former governor of Utah often draws comparisons to Mr. Obama, the very man he’s struggling to distance himself from. Will that, and his centrist views and Mormon faith, keep him on the margins of the Republican field?
06/21/2011 03:11 pm
Greece bailout talks involve a second rescue package roughly the size of the first. But Greece bailout could be delayed until July.
06/20/2011 02:06 am
Photos of the Day Photos of the Day 06/15
Indonesia’s box office sales are down 60 percent since US movie studios stopped shipping new Hollywood hits because of high import taxes.
06/15/2011 10:45 am
China's ambitious rail project in Laos could bring prosperity, some say. But others in region doubt that’s high on Beijing’s agenda.
06/14/2011 01:02 pm
Polls suggest that Thailand's opposition Puea Thai Party (PTP), which is loyal to former Prime Minister Thaksin Shinawatra and led by his sister, will win the largest share in a divisive July 3 parliamentary vote.
06/14/2011 09:14 am
A US destroyer forced back a North Korean freighter ship that was possibly on its way through the South China Sea to Burma (Myanmar) with military cargo. It is not clear if the cargo was nuclear or conventional weaponry.
06/13/2011 01:57 pm
For those hoping that the economy is merely going through a “soft patch” right now, the weight of evidence suggests something more serious. Two years after the Great Recession ended, the economic expansion has slowed to an annual rate of 1.8 percent in the first quarter of 2011 versus 3.1 percent in the final quarter of 2010. Why is the rebound so tepid? Here are three key indicators, which historically help boost recoveries, but stand in the way this time:
06/11/2011 01:52 pm
US-Canada trade is back to prerecession levels. But the real growth in US – and Canadian – exports is coming from elsewhere.
06/08/2011 04:43 pm