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China launches five measures to stimulate consumption

China launches five measures to stimulate consumption Jiang Zengwei, the deputy director of China's Ministry of Commerce, and Fang Aiqing, the assistant director of the Ministry of Commerce, said during an interview that China plans to boost its overall consumption through five ...

ANTAD: same-store sales in Mexico up 3.1% last month

ANTAD: Mexico same-store sales rise in February Same-store sales at Mexican retailers rose 3.1 percent in February, retailers' organization ANTAD said on Tuesday, as the economy continued its recovery from a deep recession. Growth in sales at department stores drove the increase ...

China s power consumption grows 26% in Jan-Feb

China s power consumption grows 26% in Jan-Feb China s electricity consumption in the first two months grew 26 percent year-on-year to 626.4 billion kWh, citing the National Energy Administration. The electricity consumption volume in February was 272.1 billion kWh, up 10.54 ...

Japan s shift may welcome global retailers, McKinsey says

Japan s shift may welcome global retailers, McKinsey says Japanese consumers new-found propensity to shop for discounts and shun luxury goods marks a fundamental shift that may boost foreign retailers in the world s second-largest economy, according to McKinsey & Co. This ...

U.S. consumer spending up again in February

Consumer Spending Perks Up U.S. Economy A string of surprisingly strong corporate earnings reports and economic data show that U.S. consumers have emerged from a long hibernation to start spending again on everything from new TVs and restaurant meals to spring outfits. The ...

Luxury is less flash, more substance

A study in class, not mere consumption Scott McGlasson, who makes handmade furniture and interiors, operates his Woodsport business out of an old St. Paul warehouse, replete with sawdust and sweat. "I never thought of myself as a 'luxury goods maker,'" said McGlasson, 43, a once ...

China s FDI statistics in January and February of 2010

China s FDI statistics in January and February of 2010 In the first two months of 2010, the number of newly-approved overseas-funded enterprises amounted to 3,163, up by 14.56% year on year. The actual use of FDI rose by 4.86% year on year to US$14.024 billion. And in February, ...

E-commerce undergoes significant growth in Turkey

Demand on e-commerce rises in Turkey The volume for electronic commerce stood at close to a billion Turkish Liras in January this year, a 46 percent increase over the same period in 2009, according to the Interbank Card Center, or BKM. E-commerce started experiencing significant ...

China to Further Support Private Investment: State Council

China to Further Support Private Investment: State Council From: Xinhua China s State Council, the Cabinet, said Wednesday the country would step up efforts to encourage investment from the private sector. The government would encourage private investment in sectors currently ...

Russian official proposes restrictions on alcohol sales

Russian official calls for night-time alcohol ban Russia's top public health official called Sunday for a ban on retail sales of alcohol after 9 p.m. as part of a Kremlin-led campaign to crack down on alcohol abuse, state-run news agency RIA reported. President Dmitry Medvedev ...

Retail sales in Singapore up 2.3% in January

Singaporean retail sales up in Feb After guarding their wallets closely for more than a year, shoppers hit the streets again in January, sending retail sales in Singapore up for the first time in 16 months. Sales, on a downtrend since the financial crisis started in October 2008, ...

China s premier: Increasing domestic demand a long-term strategy

China s premier: Increasing domestic demand a long-term strategy From: Xinhua Chinese Premier Wen Jiabao said here Monday that China would steadfastly stick to the practice of expanding its domestic demand, which is considered a long-term strategy. Though China had generally done ...

President Hu calls for greater development in China s west

President Hu calls for greater development in China s west From: Xinhua Chinese President Hu Jintao has called for more efforts to promote social, economic development in the underdeveloped western areas of the country. Hu made the call during his three-day visit to northwestern ...

China calls for bilateral consultations over trade friction with U.S.

China calls for bilateral consultations over trade friction with U.S. From: Xinhua China urged Thursday bilateral consultations, dialogue and communication on an equal footing in solving China-U.S. trade frictions. We maintain that it is imperative to seek a mutually beneficial ...

China expects Q1 inflation rate between 2% to 2.5%

China expects Q1 inflation rate between 2% to 2.5% From: Xinhua China s year-on-year inflation rate was expected to be between 2 to 2.5 percent for the first quarter this year, the country s top economic planner said here Tuesday. The consumer price index (CPI), a main gauge of ...

Property developers borrow 510b yuan in '09

Property developers borrow 510b yuan in '09 From: China Daily A total of 67 listed property developers witnessed their net profits rise by 70 percent year-on-year to 28.25 billion yuan in 2009, but their debts surged 34.34 percent to 510 billion yuan ($74.72 billion), the ...

ADB President: regional integration crucial to Asia s development

ADB President: regional integration crucial to Asia s development From: Xinhua Regional cooperation and integration is crucial to Asia s future development, according to President of Asia Development Bank Haruhiko Kuroda who is attending the China Development Forum 2010 on Sunday...

Greek GDP declines 2.5 percent in 4th quarter of 2009

Greek GDP declines 2.5 percent in 4th quarter of 2009 From: Xinhua Greek gross domestic product (GDP) declined by 2.5 percent during the forth quarter of 2009, the Greek National Statistics Service announced last Friday. The downturn is less than analysts expected, as Greece is ...

Japan s department store sales slump 5.4% on year in Feb.

Japan s department store sales slump 5.4% on year in Feb. From: Xinhua Japan s department store sales fell 5.4 percent in February from a year earlier, marking the 24th straight year-on-year drop, the Japan Department Stores Association (JDSA) said on Friday. Sales in the ...

Italian government allocates 420 million euros to revamp economy

Italian government allocates 420 million euros to revamp economy From: Xinhua The Italian government allocated on Friday 420 million euros through a special decree aimed at supporting the country s slow economic recovery. According to a press release by the government s ...
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china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

sports

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 ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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