Toyota recalls 308,000 SUVs in US to fix airbags

2011-04-22 16:19:54

Toyota Motor Corp. announced Thursday it will recall about 308,000 SUVs in US to fix problems related to unwanted airbag deployments, according to a report.

China signals ready to invest more in euro zone

2011-04-22 10:46:47

China signalled on Thursday it was ready to buy more debt from the euro zone's weaker states, in a move to help stabilise the bloc's fragile finances and protect its business interests.

BP sues rig owner for $40b

2011-04-21 10:47:22

BP on Wednesday sued the maker of the device that failed to stop last year's calamitous Gulf oil spill and the owner of the rig that exploded.

Biofuels to offer 27% transportation fuel by 2050

2011-04-21 09:09:37

The increasing utilization of biofuel can play a role as important as to provide up to 27 percent of world transportation fuel by 2050 if favorable policy and investment are in place.

Russia's economy to recover by early 2012

2011-04-20 16:56:57

Russia's economy will overcome the global economic crisis and recover the losses by early 2012, ahead of schedule, Russian Prime Minister Vladimir Putin on Wednesday said.

High oil prices hit China, US demand

2011-04-20 16:08:29

Rocketing oil prices have hit demand in the world's top energy consumers, China and the United States, and OPEC needs to raise output around June.

Toyota cuts China production

2011-04-20 14:43:57

Toyota Motor Co says it will reduce production in China due to disruptions in supplies of parts following Japan's tsunami.

ROK: preparation for free trade deal

2011-04-19 14:43:32

ROK's Prime Minister called on Tuesday for "creative" measures to deal with a potential free trade agreement with China.

ROK's top steel maker to raise prices

2011-04-19 14:35:25

Republic of Korea (ROK)'s top steelmaker POSCO will raise prices of its steel products by 160,000 won ($146) per ton this week, local media reported Tuesday.

China is important new wine market for NZ

2011-04-19 12:27:23

The New Zealand wine industry sees China as the key to diversifying its export markets.

Cuba permits private property transactions

2011-04-19 11:24:04

The ruling Communist Party of Cuba Monday lifted a decades-old ban on private property transactions such as buying and selling of houses and cars at its ongoing Sixth Congress.

NZ to launch investment negotiations with HK

2011-04-19 10:09:47

Negotiations between New Zealand and China's Hong Kong Special Administrative Region on an investment protocol will start next month, New Zealand Trade Minister Tim Groser said Tuesday.