TRADE WARS - BIO FUEL DAILY

China's Xi touts 'maritime silk road' on South Asia tour

Sep 15, 2014 (AFP)

China's President Xi Jinping said he hoped the Maldives would help build a "21st century maritime silk road" as he began a South Asian tour in the strategically...

Alibaba founder conciliatory over missed HK listing

Sep 15, 2014 (AFP)

Alibaba founder Jack Ma struck a conciliatory note Monday over its failure to list in Hong Kong, as the Chinese e-commerce giant began an Asian roadshow before ...

China's Alibaba sets new path with US IPO

Sep 14, 2014 (AFP)

With a possible record-breaking stock offering, Chinese online giant Alibaba is set to boost its role as a global company with a massive expansion potential. Th...

US judge fines HP $59 mn for bribing Russian officials

Sep 11, 2014 (AFP)

A judge on Thursday ordered US computer giant Hewlett-Packard to pay $58.8 million for bribing Moscow government officials to win a big-money contract with Russ...

Coinbase taking Bitcoin wallet platform to Europe

Sep 10, 2014 (AFP)

San Francisco-based Coinbase is taking its Bitcoin wallet to Europe with an aim of enticing more people there to use the digital currency. Coinbase on Wednesday...

Work on Nicaragua canal to begin in December

Sep 09, 2014 (AFP)

Work on a huge project to rival the Panama Canal will begin in December with construction of a port on the Pacific coast of Nicaragua, an official said Monday. ...

Ikea reports strong sales: Chinese take to kit furniture

Sep 09, 2014 (AFP)

Swedish furniture giant Ikea reported growth in annual sales Tuesday, boosted mainly by improved performance in China and a recovery in Europe. Ikea Group, a le...

China August trade surplus hits fresh record of $49.8 bn

Sep 08, 2014 (AFP)

China's trade surplus surged to a record $49.8 billion in August, figures showed Monday, as imports saw a surprising fall and export growth slowed in a further ...

Panama, Suez, Nicaragua canal schemes miss trade boat: analysts

Sep 07, 2014 (AFP)

Vast projects to expand the Suez and Panama canals are being talked up as the biggest upheaval for decades in global maritime traffic, but experts say they coul...

China's Alibaba eyes record-breaking IPO

Sep 05, 2014 (AFP)

Chinese online marketplace Alibaba unveiled plans Friday to raise up to $24.3 billion in what could be the biggest stock flotation in history. The company told ...

Chinese brewer Tsingtao at lagerheads with competitors

Sep 03, 2014 (AFP)

China's most famous beer and probably its biggest global brand, Tsingtao has survived colonialism, civil war and Communist revolution. Now, it is relying on Jap...

Russia's Putin follows China's Xi to Mongolia

Sep 03, 2014 (AFP)

Russian President Vladimir Putin oversaw the signing of a series of agreements with Mongolia on a whistle-stop visit Wednesday, just two weeks after a trip by X...

China fines insurance firms $18 mn for price monopoly

Sep 02, 2014 (AFP)

A total of 23 Chinese insurance firms have colluded to fix fees, authorities said Tuesday, slapping them with a total of $18 million in fines in the government'...

Chile fines British-South African copper mine $4.5 million

Sep 02, 2014 (AFP)

Chilean authorities Tuesday fined mining giant Anglo American Sur $4.5 million dollars for violating environmental rules at its El Soldado copper mine. They sai...

Malaysia refuses New Zealand activist entry

Sep 01, 2014 (AFP)

Malaysia on Monday refused entry to a New Zealand anti-mining activist who had previously been arrested for joining a protest against a rare earths processing p...

Samsung denies child labour at Chinese supplier

Aug 29, 2014 (AFP)

South Korea's Samsung Electronics has refuted fresh allegations by a labour protection watchdog that one of its suppliers in China hired child workers. New York...

Alibaba earnings leap on cusp of stock market debut

Aug 27, 2014 (AFP)

Just weeks ahead of its expected debut on the New York Stock Exchange, Chinese Internet colossus Alibaba reported that its quarterly profit nearly tripled on su...

China's Microsoft probe extends to browser, media player

Aug 26, 2014 (AFP)

The head of the Chinese government agency investigating Microsoft for alleged monopoly actions said Tuesday the probe includes the way the US technology giant d...

China and Mongolia target $10bn trade by 2020

Aug 21, 2014 (AFP)

China and Mongolia set out plans to almost double trade to $10 billion by 2020 as Chinese President Xi Jinping began a two-day visit to the neighbouring state, ...

Japan trade deficit narrows on export pick-up

Aug 20, 2014 (AFP)

A rebound in exports helped narrow Japan's trade deficit in July, data showed Wednesday, but the shortfall still came in worse than expected after a marked slow...