industry

Separately, Xia Bin, an academic adviser on the central bank's monetary policy committee, pointed at where the government should look to ramp up its spending. With Beijing not about to relax its crackdown on property speculation, it should put more money into affordable housing ...
Japan's current account surplus fell 18.2 in June on year, the Ministry of Finance said in a report on Monday. According to the report, the surplus stood at 1,047.1 billion yen (12.25 billion U.S. dollars) in the recording and for the first six months of 2010, the balance totaled ...
Singapore Prime Minister Lee Hsien Loong said on Sunday that the country's economy grew 17.9 percent in the first six months of this year, and the government is forecasting full-year growth of between 13 percent to 15 percent. Delivering the National Day Message, Lee said that ...
Singapore and China's Taiwan have agreed to explore the feasibility of an economic cooperation agreement between the two sides, local media reported on Thursday. The agreement is said to be the first negotiations of this kind after Beijing and Taipei signed the Economic ...
U.S. stocks fell on Thursday, pressured by a government report which showed an unexpected pick- up in initial jobless claims. The Labor Department said on Thursday that the number of people filing jobless benefits unexpected rose to 479,000 last week, while economists were ...
Italian Prime Minister Silvio Berlusconi met on Wednesday with his British counterpart David Cameron and the two leaders discussed commercial ties between the two countries and global issues. Cameron, on his first visit to Italy, arrived late at Palace Chigi, seat of the Italian ...
Oil prices fell further on Wednesday as a rising dollar and hopeful reopening of a major oil pipeline offset a drop in crude inventories. Enbridge said the cleanup and repairing of the closed pipeline 6A had completed on Tuesday. An official from the Pipeline and Hazardous ...
China's tightening measures on the property market will not throw a major impact on the country's economic growth, Ma Jiantang, director of China' Bureau of Statistics, said Wednesday at the ongoing fourth Summer Davos forum in Tianjin. The judgement was made based on the fact ...
Chairman of the World Economic Forum (WEF) Klaus Schwab on Monday hailed the "active and responsible" role China has played in coping with the international financial crisis. Schwab is in the north Chinese port city of Tianjin for the WEF's Annual Meeting of the New Champions ...
Chinese Premier Wen Jiabao on Monday pledged to work with Moldova to increase win-win cooperation in sectors of agriculture, economy, trade, communication and culture. "We should make concerted efforts to promote mutual understanding and friendship between the two peoples," Wen ...
China encourages its enterprises to expand investment in Papua New Guinea, Chinese Premier Wen Jiabao said here Monday while meeting with the country's Prime Minister Michael Thomas Somare. "China is willing to enhance cooperation with Papua New Guinea in major sectors of ...
Justin Yifu Lin, Chief Economist and Senior Vice President of the World Bank, said here on Sunday that China's economy is doing well. Speaking at a forum with two Nobel Prize winning economists in Beijing, Lin praised China's economic policies as "visionary" while the three ...
China can achieve its inflation target this year through proper management of expectations during the final quarter, despite the August inflation rate quickening to a 22-month high, experts said. The consumer price index (CPI), a major gauge of inflation, is expected to peak in ...
China bucked international trends in both outbound and inward investment, official figures have revealed. China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of $56.5 billion, compared to a ranking of 12th in 2008, the ...
The dollar rose against major currencies in late New York trading on Thursday as good signs emerged from the U.S. labor market and trade data. The U.S. Department of Labor announced on Thursday that the initial claims for regular state unemployment insurance benefits fell 27,000 ...
Oil prices declined on Thursday after a government report showed that total petroleum stocks rose to record-high levels and the dollar reversed against the euro. Light, sweet crude for October delivery fell 42 cents to settle at 74.25 U.S. dollars a barrel on the New York ...
With a series of activities focused on cross-Strait investment matchmaking, officials, experts and businessmen from the Chinese mainland and Taiwan have embraced a weeklong journey to explore deeper economic cooperation amid warming ties. On Wednesday, more than 20 Taiwan land ...
Brazil has coped with the global financial crisis well without much trouble, a local scholar said. Measures implemented by the government led by President Luiz Inacio Lula da Silva enabled Brazil to achieve that, said Newton Marques, professor at University of Brasilia (UnB), in ...
China and Japan, the world's second and third largest economies, agreed on Sunday to seek and develop "new engines" for growth, a move that will also help stabilize the global economy. Premier Wen Jiabao said during a meeting with a Japanese delegation that the "green economy and ...
A recent survey ranks Singapore as the fourth largest foreign exchange center in the world and the second largest foreign exchange center in Asia, after Tokyo, the Monetary Authority of Singapore said on Wednesday. According to the latest survey by the Bank for International ...
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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 ...