By Zhang Qi
BEIJING — Aluminum Corp of China (Chinalco) on Thursday signed a $1.35 billion agreement with global miner Rio Tinto to develop the Simandou iron ore project in the West African country of Guinea. The move also marks the end of the stalemate between China and the global miner on cooperation after ties soured in June this year.
Agencies
ISTANBUL — Templeton Asset Management Ltd's Mark Mobius plans to increase his holdings of Turkish stocks, which rank among the cheapest in emerging markets even after gains pushed prices to record highs.
Agencies
NEW YORK — A bullish stock market trade embraced by the smartest money is backfiring. And that has investors wondering if what Warren Buffett and Goldman Sachs Group Inc know about derivatives is obsolete.
By Wang Bo
Beijing — The International Monetary Fund's (IMF) softened tone toward China's exchange rate regime will ease pressure on the appreciation of the yuan, when the world's third-largest economy faces increasing risks of a slowdown, Chinese economists have said.
By Lan Lan
BEIJING — The aggressive expansion tactics adopted by foreign seed companies in China have increased concerns over the nation's food safety especially at a time when agricultural yields have been falling.
By DING QINGFEN
BEIJING – The nation has notched up a victory against the United States after a World Trade Organization (WTO) panel ruled in China's favor in a dispute over the ban on imports of Chinese chicken, sources with the Commerce Ministry said on Wednesday.