Exclusive - Tough-talking China pricing regulator sought confessions from foreign firms


BEIJING (Reuters) - A senior Chinese official put pressure on around 30 foreign firms including General Electric and Siemens at a recent meeting to confess to any antitrust violations and warned them against using external lawyers to fight accusations from regulators, sources said.

JPMorgan hiring in China under U.S. scrutiny - report


(Reuters) - U.S. authorities have opened an investigation into whether JPMorgan Chase & Co (NYS:JPM) hired the children of powerful Chinese officials to help it win business in China, the New York Times said on Saturday.

China wants fewer curbs in free trade zones to lure foreign investment


BEIJING (Reuters) - China hopes to suspend its laws governing foreign investment in proposed free trade zones, the cabinet said, in a sign the world's second-biggest economy could open further to foreign competition.

What’s really holding back growth in India


India's economic growth slowdown will not last long as the government moves to make foreign investment easier and push forward new infrastructure projects, the country's prime minister said on Thursday.

Iran ready to export gas to Ukraine, Moldova: envoy


Iran has large gas reserves and is ready to supply natural gas to Ukraine and Moldova, Iranian Ambassador to Ukraine and Moldova Akbar Qasemi Aliabadi stated.

Why a Chinese slowdown isn't scary


The figures haven't been kind to China lately. Gone are the days of double digit growth, trade data have weakened, credit markets have overheated and fears of a housing bubble remain. But despite the bearish headlines, the long-term picture for China looks quite good and a slowdown might actually be healthy, according to HSBC.

Iran’s quarterly rice imports up 140%


Iran imported $609 million worth of rice in the first quarter of the current Iranian calendar year (March 21-June 21), which showed 140 percent rise compared to the same period in the previous year.