One of China’s most famous film directors faces inquiry after reports he violated mainland’s strict family planning policies by having seven children
2013-05-09
The Telegraph reports: The world's tallest tower should have been built by now. Officials said last year that the great edifice with 220 floors would be erected in three months flat in China's inland city of Changsha by March, snatching…
2013-05-09
Pentagon report on Beijing’s military capabilities highlights that every resource is at the state’s disposal when it comes to espionage
2013-05-09
DEUTSCHE Bank appointed Frank Wu as head of structured commodity trade finance and Evert-Jan Zondag as head of structured trade and export finance in global transaction banking at the lender in Asia Pacific.
2013-05-09
SHANGHAI stocks fell today after four days of gains as inflation concerns weighed on investor sentiment. The Shanghai Composite Index lost 0.59 percent, or 13.33 points, to 2,232.97 points. Daily turnover was 91.2 billion (US$14.7 billion).
2013-05-09
THE overdue loans of big Chinese commercial banks are expected to rise this year, adding worries that bad loans will continue to weigh on lenders' profitability and asset quality, PricewaterhouseCoopers said today.
2013-05-09
BAOSHAN Iron & Steel Co, China's largest listed steel maker, has lowered June prices for its main products, its first cut in nine months, due to weak demand amid a slowing economic recovery.
2013-05-09
Shanghai stocks declined this morning amid concerns that rising inflation may erode easing policies while weaker producer prices signal the fragility of the country's economic recovery.
2013-05-09
China's inflation rebounded in April but analysts said the increase remained mild and it may ease again as poultry and pork prices are falling in the wake of the bird flu outbreak.
2013-05-09
Initial optimism in India that relations with China were improving have evaporated after a three-week stand-off on their shared Himalayan border
2013-05-09
China’s consumer price index rises 2.4% in April on higher food prices but the data also point to industrial overcapacity and a fragile recovery
2013-05-09
China's General Administration of Customs reported that the country's April exports rose 14.7% year-over-year, greatly beating market expectation of 9.2%. Imports in April also increased 16.8%, compared with market forecast of 13%. The better-than-expected performance was led by a suspicious 57.2 percent jump in shipments to Hong Kong. Numerous banks released reports, voicing skepticism of […]
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2013-05-09
China's consumer price index (CPI), a main gauge of inflation, grew 2.4 percent year on year in April, up from 2.1 percent in March, the National Bureau of Statistics said Thursday.
2013-05-09
Jia Yueting, chief executive officer of Letv.com, announced in Beijing that the company's super TV product named X60 is now officially launched and will be available for consumers in late June 2013. The new super TV product is manufactured by Foxconn. …
2013-05-09
OIL climbed to its highest price in more than a month yesterday, after the government reported US crude supplies increased less than analysts expected.
2013-05-09
OIL climbed to its highest price in more than a month yesterday, after the government reported US crude supplies increased less than analysts expected.
2013-05-09
THE Dow Jones industrial average rose, closing above 15,000 for a second day after breaching the landmark level for the first time Tuesday.
2013-05-09
THE Dow Jones industrial average rose, closing above 15,000 for a second day after breaching the landmark level for the first time Tuesday.