SHANGAHI stocks fell to a four-month low today as investors sat on the sidelines ahead of the Labor Day holiday next week.
2013-04-26
SHANGHAI'S gross domestic product expanded 7.8 percent from a year earlier to 493.7 billion yuan (US$78.9 billion) in the first quarter, according to the Shanghai Statistics Bureau.
2013-04-26
SHANGHAI stocks dropped this morning amid growing uncertainty over China's economic recovery. The key Shanghai Composite Index fell 0.49 percent, or 10.86 points, to 2,188.45 points. Turnover was 35.1 billion yuan (US$5.7 billion) by midday.
2013-04-26
Dan Harris writes: The American Chamber of Commerce in China recently came out with a survey of its members and hidden and far more publicized fact that 78% of the respondents said they had been hacked was that only 28…
2013-04-26
Politburo statement follows disappointing first-quarter growth data and serves as warning against taking drastic action amid risks in financial sector
2013-04-26
SHANGHAI'S GDP grew 7.8 percent in the first quarter, faster than China's 7.7 percent GDP growth in the same period,
2013-04-26
OIL rose above US$93 a barrel for the first time in two weeks yesterday, as the latest data on US unemployment claims suggested job growth may pick up from last month's sluggish pace.
2013-04-26
THE engines driving the stock market were more tepid than turbocharged yesterday, but they were enough to help stocks rise for a fifth straight day.
2013-04-26
Honeywell has agreed to buy RAE Systems, Inc. for $340 million from its private equity owners, Vector Capital and CITIC Capital Partners. Headquartered in San Jose, California and founded in 1991, RAE Systems manufactures intelligent gas and radiation detection systems used in more than 120 countries. Honeywell's price represents approximately 13 times RAE Systems' estimated […]
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2013-04-26
CHINA signed a deal with European planemaker Airbus yesterday to purchase 60 planes during French President Francois Hollande's two-day visit to the country.
2013-04-26
CHINA'S financial and capital account surplus surged in the first quarter as looser monetary policies in developed economies and expectations of yuan gains spurred inflows of funds.
2013-04-26
THE US Federal Aviation Administration gave formal approval yesterday for a new lithium-ion battery system for Boeing's 787 Dreamliner, ending a three-month ban and clearing airlines to fly the plane with passengers again.
2013-04-26
CHINA'S steel market may remain weak next month although it is a peak consumption season traditionally, according to the country's steel industry group.
2013-04-26
THE Bank of China and the Bank of Communications reported slower growth in net profit in the first quarter of this year as the Chinese economic expansion slowed.
2013-04-26
PETROCHINA Co, China's biggest oil and gas producer, yesterday posted an 8 percent drop in first-quarter profit on weak demand for oil products.
2013-04-26
SINOPEC Corp yesterday posted a 25 percent rise in first-quarter profit as improved refining margins offset lower profits from exploration and production.
2013-04-26
A container ship is seen at Southampton Docks in southern England. Britain's economy dodged a return to recession in the first three months of this year. The Office for National Statistics yesterday said Britain's gross domestic product rose 0.3 percen…