Authorities in southern China abruptly announce cancellation of plans to build a $6bn uranium processing plant a day after hundreds protest against it
WSJ reports: Stories of travel in Chinese airports are a horror genre in their own right, and with good reason: When it comes to on-time arrivals or departures, the country’s airports are literally the worst in the world. According to…
US consumer confidence slightly edged down in July but remained close to a six-year high reached in May, according to a consumer sentiment index released yesterday.
The price of oil rose to near US$106 a barrel yesterday, supported by continuing tensions in Egypt and a sharp drop of US crude stockpiles.
It was another record day on Wall Street – barely.
Efforts to settle the dispute between two of the world’s largest trading partners have hit an impasse, with Brussels rejecting Beijing’s latest offer
CHINA'S total social financing dropped in June with banks lending more than expected but money supply growing slower after China stepped up risk management by tightening liquidity.
Commuters are reflected on a wall as they walk past the JPMorgan headquarters in New York. JPMorgan Chase & Co reported a 31 percent rise in quarterly profit yesterday as trading revenue rebounded and the biggest US bank by assets set aside less money …
New China Life Insurance Co shares dropped to a 14-month low yesterday in Hong Kong after Zurich Insurance Co Ltd announced it was selling HK$2.2 billion (US$283 million) worth of shares in the Chinese insurer.
THE US Treasury Department said yesterday that Chinese officials committed in bilateral talks to move to a market-determined exchange rate for the Chinese currency.
CHINA is to speed up development in the energy-saving industry and promote consumption of IT-related products and services as it looks to spur domestic demand and push economic upgrading.
CHINA is to almost double the investment quota to US$150 billion for foreign institutional investors to tap the domestic capital market in an effort to attract more long-term funds and bolster the country's equity market.