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Euro down as negotiations on Greek debt bailout break up

[2015-02-13 07:44]

The euro slipped in Asian trade on Thursday after talks between Greece and its European creditors on restructuring the country's bailout broke up without agreement.

BlackRock chief says 'ignore noise'

[2015-02-13 07:44]

Investors planning for retirement should ignore day-to-day "noise" over events from the Federal Reserve's interest rate strategy to a standoff over Greece's bailout, BlackRock Inc President Robert Kapito said.

Cheese, pasta makers give small jets shot in the arm

[2015-02-13 07:44]

The turnaround in the private-jet market is finally reaching the small- and medium-sized models that fell out of favor after the 2008-09 global financial crisis.

Robots are now learning not to crush you

[2015-02-13 07:44]

Robots long ago earned a place in factories, where their pneumatic pumps and steel welding arms help manufacture everything from cars to planes. Now, they're learning to behave around people, bringing them one step closer to the Jetsons-esque dream of automated servants that might one day serve you coffee or iron your shirts.

Machinery surplus hits record

[2015-02-12 07:48]

Private enterprises look to exports to cope with overcapacity

Tianjin 'green city' plans taking shape

[2015-02-12 07:48]

Tianjin took a major step in green city plans by signing agreements for 13 projects in cultural and creative industries, financial services and new energy manufacturing sectors on Tuesday.

CICC may raise $1b from stock offering in HK

[2015-02-12 07:48]

China International Capital Corp, the country's first Sino-foreign investment bank, plans to raise about $1 billion from an initial public offering in Hong Kong this year, people with knowledge of the matter said.

'Qualcomm fine' shadow looms over trade talks

[2015-02-12 07:48]

Qualcomm Inc's decision to pay a record fine of $975 million for antitrust violations in China is likely to increase trade tensions and hamper negotiations on a key trade pact in the Asia-Pacific region, experts said on Tuesday.

Everbright Bank cuts rates on deposits

[2015-02-12 07:48]

China Everbright Bank Co became the first listed lender to cut deposit rates from a maximum level allowed since November, a sign competition for savings may be easing as the central bank boosts liquidity and the economy falters.

Indian officials urge calm amid bullish GDP growth forecast

[2015-02-12 07:48]

A growth rate on par with China doesn't mean that India's economy is booming, its top statistician said.

Weak IEA outlook, US glut worries affect oil prices

[2015-02-12 07:48]

Oil prices slumped on Tuesday after the International Energy Agency issued a downbeat global market outlook and traders braced for a further increase in record US crude-oil stockpiles.

Apple becomes first firm worth over $700b

[2015-02-12 07:48]

Apple became the first company to reach a market value of $700 billion on Tuesday as shares vaulted amid upbeat news on the US tech giant's gains in the smartphone market and soon-to-arrive smartwatch.

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