TRADE WARS - BIO FUEL DAILY

Questions over China-backed infrastructure bank: ADB

Oct 23, 2014 (AFP)

Several questions remain to be answered about an Asian infrastructure lender proposed by Beijing, the Japanese head of the existing Asian Development Bank said ...

Italy keen to take a fast boat to China

Oct 22, 2014 (AFP)

Seven hundred years after Marco Polo showed how it was done, Italy is once again knocking on China's door looking to do business. This time around the quest is ...

Social trust eroded in Chinese product-tampering incident

Oct 17, 2014 (SPX)

For about a decade, Chinese consumers weren't getting what they paid for when they purchased Wuchang, a special brand of gourmet rice that has a peculiar scent....

Australia fast-tracks visas for super rich

Oct 14, 2014 (AFP)

Australia said Tuesday it would introduce a "premium investor visa" to give immigrants permanent residency after a year if they invest Aus$15 million (US$13 mil...

Virtual currency founder pleads not guilty in New York

Oct 14, 2014 (AFP)

A man accused of founding an online underworld bank that allegedly laundered $6 billion for criminals, including child pornographers and drug traffickers, plead...

Romania lifts immunity for ex-minister in Microsoft probe

Oct 13, 2014 (AFP)

Romania's parliament on Monday voted to lift the immunity of a former minister targeted in a multi-million-euro corruption probe involving bribes and kickbacks ...

China's Li discusses Russia deals ahead of Putin talks

Oct 13, 2014 (AFP)

Chinese Prime Minister Li Keqiang was set Monday to meet President Vladimir Putin during a visit to Moscow as Russia struggles with its most serious standoff wi...

China and Germany vow to deepen ties at Li-Merkel summit

Oct 10, 2014 (AFP)

China and Germany vowed to build up already massive business ties at their third summit this year in Berlin Friday, amid tougher times for Asia and Europe's big...

Virtual currency founder extradited to face US charges

Oct 10, 2014 (AFP)

The founder of virtual currency firm Liberty Reserve, Arthur Budovsky, was extradited Friday from Spain to face US criminal charges for operating what officials...

Egypt raises over 8 bln USD for new canal project

Oct 10, 2014 (XNA)

Egyptians' purchases of the New Suez Canal investment certificates on Monday hit 60 billion Egyptian pounds (about 8.4 billion U.S. dollars), an amount the auth...

Mobile wallet adoption years away: eMarketer

Oct 09, 2014 (AFP)

Industry tracker eMarketer on Thursday said that use of smartphones as wallets will jump in the US next year, but shoppers won't be quick to abandon cash or cre...

Lego lays building blocks for Asian dominance

Oct 08, 2014 (AFP)

Lego is making global domination look like child's play, as the world's biggest toy-maker puts the building blocks in place to lead rivals in Asia and buck an i...

What Google's tax row with France says about income tax

Oct 08, 2014 (UPI)

Google is in a row with France about how much corporate taxes it pays. Like the Obama Administration's outrage about businesses moving headquarters abroad, this...

China a drag on steel demand: trade body

Oct 06, 2014 (AFP)

Global demand for steel will grow by just 2.0 percent this year owing to a rebalancing of the Chinese economy and a slowdown in other emerging countries, the se...

Cyber-crime costing US billions: FBI chief

Oct 06, 2014 (AFP)

China is waging an aggressive cyber-war against the United States which costs American business billions of dollars every year, Federal Bureau of Investigation ...

Social networks make push as shopping destinations

Oct 05, 2014 (AFP)

They're not just for sharing any more: Facebook and Twitter are now looking to play a bigger role in shopping. Both major social networks have unveiled plans to...

Chinese firm secures mining deal in nickel-rich New Caledonia

Oct 03, 2014 (AFP)

Chinese group JinPei has signed a pact with a firm in nickel-rich New Caledonia to mine and process the ore after the world's top producer Indonesia imposed a b...

Mainland Chinese shoppers stay clear of Hong Kong

Oct 02, 2014 (AFP)

Sleek luxury store fronts plastered with political slogans and shops eerily empty of customers: the scenes in protest-gripped Hong Kong have left unsuspecting m...

Protesters press HK leader to quit, China tells US to back off

Oct 02, 2014 (AFP)

Hong Kong pro-democracy protesters demanded that the city's embattled leader meet a deadline to resign on Thursday, as China warned the United States against me...

Chinese PM to visit Germany for joint cabinet meet

Oct 01, 2014 (AFP)

Chinese Premier Li Keqiang will visit German Chancellor Angela Merkel for a joint cabinet meeting of the Asian and European export powers next week, Berlin said...