TRADE WARS - RUSSO DAILY

Hong Kong billionaire plans huge Australian casino

Aug 02, 2013 (AFP)

A Chinese billionaire has revealed plans for a Aus$4.2 billion (US$3.7 billion) tropical resort and casino in Australia which he says will be a "man-made wonder...

Chinese workers strike over takeover of US firm

Jul 31, 2013 (AFP)

Nearly 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer are on strike in protest at the American parent company's $2.5 billion takeover by an ...

China owes Hollywood millions after halting payment for films

Jul 30, 2013 (AFP)

China has stopped paying Hollywood studios for its films in a dispute over a Chinese tax on movie profits, Hollywood trade papers reported Tuesday. Tens of mill...

Small Indian retailer locked in trademark fight with Gap

Jul 28, 2013 (AFP)

An Indian recycling company which uses junk to create accessories is fighting a legal trademark suit launched by US clothing giant Gap Inc demanding that the fi...

Asia A-listers take their seat on fashion front row

Jul 28, 2013 (AFP)

Arriving at a Christian Dior fashion show in Paris surrounded by a gaggle of photographers and minders, Korean star Gianna Jun quickly eclipsed the already seat...

Myanmar revises controversial Chinese-backed mine deal

Jul 25, 2013 (AFP)

Myanmar has revised a controversial copper mine deal with a Chinese company, officials said Thursday, after a series of protests against the project that trigge...

Anger over Spanish corruptioin spills into streets

Jul 19, 2013 (UPI)

Public anger over claims of widespread corruption in government spilled into the streets of Madrid, leaving many injured in clashes between protesters and polic...

Mercosur mired in row over Paraguay's suspension

Jul 18, 2013 (UPI)

Latin America's leading trade bloc Mercosur emerged from its latest summit conference in the Uruguayan capital more divided than before the talks began. Despite...

End of China boom a challenge, not a crisis: Australia

Jul 18, 2013 (AFP)

Treasurer Chris Bowen on Thursday insisted an end to the Chinese resources boom was not a crisis for Australia's mining-driven economy, but admitted it was a ch...

'Dirty' GSK inflated China prices with bribes: paper

Jul 17, 2013 (AFP)

A Chinese state newspaper on Wednesday called GlaxoSmithKline, which is under investigation for bribery in China, "dirty and devious", accusing the British drug...

Giant Posco scraps India plant in blow to investment

Jul 16, 2013 (AFP)

South Korean steel giant Posco scrapped Tuesday a $5.3-billion deal to build a steel plant in India due to delays, in a blow to New Delhi's efforts to woo inves...

Chilean court halts Canadian gold mine project

Jul 16, 2013 (UPI)

An $8.5 billion Canadian project to develop gold mining in Chile was stopped by a court amid unresolved disputes over its impact on local environment. Earlier t...

China Construction Bank to set up in Luxembourg

Jul 15, 2013 (AFP)

The China Construction Bank is to set up its European base in Luxembourg, the latter's Finance Minister Luc Frieden announced on Monday. The third Chinese lende...

China accuses GSK staff of corruption, tax crimes

Jul 11, 2013 (AFP)

Senior managers of British drug firm GlaxoSmithKline (GSK) in China have confessed to bribery, "serious" business offences and tax crimes, police said Thursday....

Australia at crossroads as China boom ends: PM

Jul 11, 2013 (AFP)

Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity p...

US, China see progress on investment treaty

Jul 11, 2013 (AFP)

The United States and China said Thursday they had moved forward on a treaty that would ramp up investment but the two countries clashed over hacking and the ca...

Nepal police seize smuggled gold bound for India

Jul 10, 2013 (AFP)

Nepal police seized 35 kilograms (77 pounds) of gold on Wednesday, smuggled over the border from China and bound for India, where demand for the precious metal ...

Resource boom helps Latin America improve credit ratings

Jul 09, 2013 (UPI)

Increase in earnings from commodities and other natural resources helped Latin American countries improve their credit ratings during the first half of this yea...

Mongolia's massive Oyu Tolgoi mine begins copper shipments

Jul 09, 2013 (UPI)

Mining giant Rio Tinto's $6.2 billion copper and gold Oyu Tolgoi project in Mongolia has started to ship copper concentrate to customers, the company said. The ...

Group wants all ocean-goinWg vessels tracked to close security loophole

Jul 08, 2013 (UPI)

All vessels in international waters should be identifiable by a global tracking system to close a "security loophole" on the high seas, a British group says. Th...