industry

April retail sales show continued momentum, according to NRF Retail sales continued their upward climb in April, showing evidence of a much more confident consumer compared to this time last year. According to the National Retail Federation, April retail industry sales (which ...
Chinese premier calls for more cooperation in energy, climate From: Xinhua Chinese Premier Wen Jiabao last Thursday called for greater cooperation in safeguarding energy security and tackling climate change at the fourth Ministerial Meeting of the China-Arab Cooperation Forum. ...
Premier: Tough economic challenge ahead Premier Wen Jiabao has warned that the country faces tough challenges in balancing economic growth and tightening policies. China must avoid piling on adjustment policies, which carry risks of "negative consequences", amid complex domestic ...
China to invest 7t yuan for urban infrastructure in 2011-15 China is to accelerate construction of urban public facilities by investing as much as seven trillion yuan ($1.03 trillion) during its 12th Five-Year Plan from 2011 to 2015, the 21st Century Business Herald reported ...
U.S. Senate Approves Debit-Card Swipe-Fee Limits in Bill The U.S. Senate approved an amendment that would empower the Federal Reserve to impose limits on debit-card fees collected by the biggest banks as part of the financial-overhaul bill. Lawmakers voted 64-33 yesterday to ...
IMF: China s GDP to grow by 10% in 2010 From: Xinhua Powered by strong domestic demand, China s economy is expected to grow by 10 percent in 2010, said the International Monetary Fund (IMF) on Wednesday. In China, GDP growth exceeded the government s 8 percent target in 2009 and ...
China banking industry assets surge 21.3%by end of March From: China Daily The assets held by China s banking industry totaled 84.3 trillion yuan ($12.4 trillion) by the end of March, up 21.3 percent year-on-year, the country s banking regulator said Tuesday on its website. In a ...
China s state firms see big profit gains in 1Q From: Xinhua Combined profits of China s state-owned enterprises (SOEs) climbed 75.8 percent year on year in the first quarter to 408.82 billion yuan (59.9 billion U.S. dollars), the Ministry of Finance announced Monday. The growth ...
Direct sellers agree self regulation in China All 15 companies that are approved to run direct-selling businesses in China, have signed a self-discipline pact. The 15 direct-selling companies are reported to be: Amway (China); Mary Kay (China) Cosmetics Company; Perfect China ...
Measures recently issued to cool the housing market From: China Daily On March 11, the Ministry of Land and Resources issued a directive, saying that developers must take a 50-percent downpayment on all land put up for auction within one month after signing a contract, or they ...
Foreign firms main force backing China s export recovery From: Xinhua Foreign companies in China took the absolute lead in China s exports and helped back a recovery in the country s exports last year, according to a report issued Tuesday. Foreign companies, which are better at ...
U.K. e-retail sales up 15%, boosted by good weather Latest figures from the IMRG Capgemini e-Retail Sales Index show that online retailers are continuing to draw in consumers, with 15% more spent in March compared to last year. An estimated 4.5 billion was spent online in the ...
RMB appreciation more likely in Q2 From: China Daily There is a greater probability of yuan appreciation in the second quarter as China steps up curbs on home loans to help deter speculative capital inflows, China International Capital Corp (CICC) said. The State Council said ...
China asks WTO to rule on EU footwear antidumping duties From: China Daily China on Tuesday asked the World Trade Organization to set up an expert panel to rule whether the European Union s antidumping duties on Chinese-made footwear violates global trade regulations. At a ...
Luxury Lives: Coach, Burberry Post Stronger Sales Looks like affluent people are feeling safe about spending again: Coach says its fiscal third-quarter sales jumped 12%, and Burberry says that its retail sales gained 15% in the second half. Patricia Pao -- head of the Pao ...
Russian March retail sales expand for 3rd month Russian retail sales rose for a third month in March as slowing inflation and higher wages boosted household spending. Sales rose an annual 2.9 percent after a revised 0.9 percent gain in February, the Moscow-based Federal ...
Chinese firms boost African investment From: China Daily Africa, which boasts a large volume of natural resources and powerful consumption market, is turning into an increasingly important destination for Chinese investment. "When it comes to which nation is the largest investor ...
NDRC works out green measures From: Xinhua More policy tools are being worked out to encourage energy conservation and the use of renewables to propel the development of China's energy-saving industries, an official from the National Development and Reform Commission (NDRC) said. ...
We will have to wait until Friday for the official decree on the health of the UK economy. But the verdict of a number of the UK's largest companies on Tuesday was unequivocal: the worst is now behind us. Whether the first quarter gross domestic product numbers released by the ...
Expert warns on hot money A Chinese Academy of Social Sciences (CASS) economist on Monday warned against drastic increase in short-term speculative capital inflows, especially in the coming months while the country s foreign exchange regulator vowed to strengthen controls of ...
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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 ...
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 ...
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 ...
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 ...