At approximately 8AM in Kuningan, Jakarta, simultaneous bombs detonated at the Marriott and Ritz-Carlton Hotels. At least 8 people have been killed in the blasts and over 100 wounded. At least a dozen foreigners were injured, including citizens of Australia, Norway, South Korea, and India. During a press conference, recently re-elected Indonesian President Susilo Bambang […]
Australian Foreign Minister Steven Smith stated today that Stern Hu, General Manager of Rio Tinto China, was detained on espionage charges earlier this week. Hu’s firm, Rio Tinto, is a major Australian supplier of iron ore (a necessary ingredient for making steel). The company is currently negotiating annual contracts with China that dictate pricing terms […]
China-based solar producer Suntech Power announced plans this week to build a manufacturing facility in the United States to serve the growing U.S. market for large-scale utility projects and to take advantage of government incentives. “We believe in the outstanding long-term prospects of the solar energy market in the United States” Suntech Chairman and CEO […]