China

China suspends bank tech restrictions: U.S. Treasury official

BEIJING - China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday.

UPDATE 4-China suspends bank tech restrictions -U.S. Treasury official

BEIJING, March 30 - China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday.

3:25am IST

Treading boldly: China's Ren builds global chemicals group

BEIJING - Ren Jianxin, the architect behind China National Chemical Corp's $8 billion bid for Italian tiremaker Pirelli , is rare among Chinese state company bosses: he gets the importance of markets and the limits of government assistance.

2:35am IST

China, Japan, South Korea halt Thai air route expansion on safety concerns

BANGKOK - China has joined South Korea and Japan in stopping Thailand-based airlines from flying charters and new routes because of safety concerns highlighted by an international audit, Thai officials said on Monday.

UPDATE 1-China, Japan, S.Korea halt Thai air route expansion on safety concerns

* International auditor finds significant safety concerns (Adds FAA comment confirming ICAO's safety concerns)

2:18am IST

Tesla CEO Musk's upbeat tweets about China boost stock

DETROIT - Elon Musk, the widely followed chief executive of electric car maker Tesla Motors Inc, tweeted several optimistic statements about the company's sagging China operations on Monday, sparking a sharp rebound the company's stock.

12:20am IST

China, Japan, S Korea stop Thai airline expansion on safety concerns

BANGKOK, March 30 - China has joined South Korea and Japan in stopping Thai airlines from flying charters and new routes because of safety concerns highlighted by an international audit, Thai officials said on Monday.

30 Mar 2015

UPDATE 1-Amid Yemen chaos, China keeps oil shipments flowing

LONDON, March 30 - China has managed to export a large shipment of crude oil from Yemen over the weekend, ship-tracking data showed on Monday, despite mounting chaos in the country after the launch of Saudi-led air strikes last week.

30 Mar 2015

Despite deforestation, the world is getting greener - scientists

BANGKOK (Thomson Reuters Foundation) - The world's vegetation has expanded, adding nearly 4 billion tonnes of carbon to plants above ground in the decade since 2003, thanks to tree-planting in China, forest regrowth in former Soviet states and more lush savannas due to higher rainfall.

Top News, World 30 Mar 2015

Despite deforestation, the world is getting greener: scientists

BANGKOK (Thomson Reuters Foundation) - The world's vegetation has expanded, adding nearly 4 billion tonnes of carbon to plants above ground in the decade since 2003, thanks to tree-planting in China, forest regrowth in former Soviet states and more lush savannas due to higher rainfall.

Environment, Environment 30 Mar 2015

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