US telecom equipment maker 3Com Corporation said Friday it had agreed to a takeover by private equity group Bain Capital Partners, LLC, for 2.2 billion dollars.The deal also calls for Chinese rival Hu
A plan for mid-sized brokerage Changjiang Securities to obtain a backdoor stock market listing has been approved by China's securities regulator, a company involved in the scheme said on Saturday.Shij
Kim Jong Il (R), top leader of the Democratic People's Republic of Korea (DPRK), shakes hands with Roh Moo-hyun, president of the Republic of Korea (ROK), during the welcoming ceremony for Roh Moo-hyu
JERUSALEM, Oct. 2 (Xinhua) -- The Israeli authorities on Tuesday lifted a gag order on Israel's alleged airstrike against Syrian targets last month as Israeli media confirmed the mysterious attack. Th
BEIJING, Sept. 30 (Xinhua) -- The Beijing government has finally decided to cut subway fares by about 30 percent amid efforts to boost public transport, ease road congestion and improve air quality ah
BRUSSELS, Oct. 1 (Xinhua) -- The European Commission on Monday launched an antitrust investigation into U.S. chipmaker Qualcomm for suspected exploitative practices of its patent rights. The European
WASHINGTON, Oct. 2 (Xinhua) -- Blackwater, a U.S. private security company which was involved in a shooting incident last month leaving many Iraqis dead, defended its operation in Iraq on Tuesday. The
Senator and democratic presidential candidate Hillary Clinton speaks at a fund raising event in Oakland, California, September 30, 2007. Clinton on Tuesday reported raising $27 million in campaign mon
New York Stock Exchange traders deal on the market floor in New York, Oct. 1,2007. Wall Street surged Monday with the Dow Jones average setting new intraday high above 14,000. (Xinhu
BEIJING, Oct. 1 (Xinhua) -- China's net overseas investment hit 21.16 billion U.S. dollars in 2006, with an annual average growth rate of 60 percent over the past five years, according to a newly issu