market

CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that GM China Chairman Tim Lee will retire on April 1 after a nearly 45-year career with the company. Lee, who also heads GM global manufacturing operations, was chosen as chairman of GM China last year. He was ...
NEW YORK, Jan. 24 (Xinhua) -- U.S. stocks dropped sharply Friday, with investors spooked by continuing selling of stocks and currencies in emerging markets. In midday trading, the Dow Jones Industrial Average plunged 170. 09 points, or 1.05 percent, to 16,027.26. The S&P 500 lost ...
TORONTO, Jan. 24 (Xinhua) -- Canada's main stock index fell sharply on Friday as emerging markets encountered big losses in their assets. Toronto Stock Exchange's S&P/TSX composite index closed 215.18 points, or 1.54 percent, lower at 13,717.79 points, the biggest slump in a ...
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are expected to maintain vigorous growth, despite various risks and challenges, as they have started adapting themselves to the new circumstances. This was the consensus of political and business leaders from across the ...
HANOI, Jan. 25 (Xinhua) -- Hanoi's stock market is forecast to rally to 74-75 points on the last trading day next Monday before the long holiday during the lunar New Year festival. During the previous week, the Hanoi stock exchange HNX prolonged the upward trend, gaining 0.87 ...
The Beijing Zoo is perhaps better known for the sprawling garment wholesale markets nearby than its animals. But now the city's officials are pledging to relocate the markets out of the area to ease overcrowding and optimize urban planning. A place in the capital to make your ...
The Number One Document also proposed a new pricing plan for China's grain production. Experts say the market-oriented plan will improve the pricing system for agricultural products while protecting farmers'interests. Feeding more than one billion people is no easy task as China...
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on Friday that it will cut the per-tonne retail price of gasoline by 130 yuan (21.3 U.S. dollars) and diesel by 125 yuan. The adjustment, following a cut on Jan. 10, will see the benchmark retail prices of ...
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary Fund (IMF) chief Christine Lagarde on Saturday said that the recovery of the world economy is a consolidation process and people should be aware of the risks. Speaking at a session at the World Economic Forum ...
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and investment destination, is becoming an important global investor as more Chinese companies look for investment opportunities abroad. Kyle Liu, founder of Canada-based technology company Inano Medical Inc., is ...
SEOUL, Jan. 23 (Xinhua) -- Hyundai Motor, South Korea's largest automaker, said Thursday that its operating profit fell last year, the first time in three years, as weak domestic demand and production disruption at local factories offset brisk sales in overseas markets. Operating ...
HANGZHOU, Jan. 24 (Xinhua) -- Live poultry traders in the eastern Chinese city of Hangzhou sighed in despair as business was halted Friday at the height of the Lunar New Year sales period due to the resurgent bird flu epidemic. Hangzhou, capital city of Zhejiang Province, ...
SYDNEY, Jan. 20 (Xinhua) -- A week of economic data will leave a long-term impression on the transitioning Australian economy with subdued inflation and commodities still playing second fiddle to the orchestral rhythms of China. According to IG Market's Evan Lucas, expectations ...
BRUSSELS, Jan. 21 (Xinhua) -- The stressed European labor market needs to be improved this year through new stimulus policies in the European Union and its member states, an EU official said. The EU slower recovery has weighed the jobless market down to a historic high level and ...
Jeweler set for IPO of US$3b in Hong Kong Chow Tai Fook Jewellery Group Ltd may raise as much as HK$22 billion ($2.8 billion) in what could be Hong Kong's biggest IPO this year as luxury-goods companies tap growing affluence in China, Bloomberg News reported. The retailer, ...
U.S. House Speaker John Boehner (R-OH) speaks during a news conference on jobs on Capitol Hill in Washington D.C., capital of the United States, Dec. 2, 2011. U.S. unemployment rate dropped to 8.6 percent in November, the lowest since March 2009, the Labor Department said Friday. ...
Workers at YTO Express, a Shanghai-based express mail service provider, sort a sudden increase in deliveries on Nov 11. [Photo: China Daily] Ask a Chinese online shopper this question: "Are you still waiting for the products you ordered during the Singles' Day promotion?" The ...
Photo taken on Nov. 18, 2011 shows multi-storeyed buildings at Central Business District in Beijing, capital of China. In October, 34 cities in a statistical pool of 70 major cities saw declines in new home prices from September, compared with 17 in September, the National Bureau ...
The yet-to-be-finished Cuntan Bridge on the Chongqing-Lichuan Railway. Local governments have borrowed a load of debt to finance a spending spree on infrastructure [By Cao Ning] The Ministry of Finance recently kick-started a pilot program allowing local governments of Shanghai ...
The collapse of MF Global Holdings again highlights the perils of derivative leverage in a loosely regulated market. It shows the need for genuine transparency in financial markets. MF Global had $1.4 billion in equity which it used to run up $44.4 billion in liabilities largely ...
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China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Reforms to fuel Shanghai's growth in 2014
Reforms to fuel Shanghai's growth in 2014
BEIJING, Jan. 27 (Xinhuanet) -- Shanghai's financial sector grew 13.7 ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
Xinhua Feature: World's political, business leaders gather in Davos for WEF
Xinhua Feature: World's political, business leaders gather in Davos for WEF
DAVOS, Switzerland, Jan. 22 (Xinhua) -- The snow-covered Swiss town of ...
Chinese leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...