BIZ

China pushes listed companies to strengthen Party building


The government is pushing domestically listed companies to strengthen Party building and to participate in construction of an ecological civilization, according to an amendment on governance regulations for domestically listed companies.


New services, deals

New aviation services, deals
Source: Global Times | 2018/6/14 17:38:40

Airlines struggle with global captain shortage as unions strengthen

A growing shortage of airline pilots is putting the industry's recent growth at risk as planes sit idle, higher salaries are cut into profits and unions across the globe push for more benefits.
Source: Reuters-Global Times | 2018/6/14 17:38:39

Shanghai financial market to further open up

Now is an opportune moment for speeding up the construction of an international financial center in Shanghai, an official from China's top securities regulator said on Thursday.
Source: Global Times | 2018/6/14 17:33:42

Steel output jumps to record on strong demand outlook

China's steel output surged to a record in May, as mills ramped up production to chase fat profit margins, with a strong outlook for demand likely to keep mills running at nearly full capacity for the rest of the year.
Source: Reuters-Global Times | 2018/6/14 17:33:41

Mainland stocks fall after disappointing data

Chinese mainland stocks fell on Thursday, as disappointing economic data and renewed trade war fears hit investor sentiment.
Source: Reuters-Global Times | 2018/6/14 17:33:41

PepsiCo becomes the first to donate $2m

PepsiCo, Inc announced on June 14 a $2 million grant to China Women's Development Foundation (CWDF) to support its new initiative “Water Cellar for Mothers-Green Village” program. PepsiCo becomes the first Fortune 500 to support this new initiative. PepsiCo has been a significant donor to CWDF in recent years.
Source: Global Times | 2018/6/14 16:33:39

US Fed chairman says to hold press conference after every policy meeting starting in 2019

US Federal Reserve Chairman Jerome Powell said here on Wednesday that the central bank will hold a press conference after every policy meeting starting in January 2019.
Source: Xinhua | 2018/6/14 9:51:39

Australian officials need to adjust adverse rhetoric to court Chinese investment: experts

Australia should adjust its anti-China stance and show sincerity in cooperating with Chinese companies, experts said on Wednesday, after data showed signs that the country's economic ties with China are cooling down.
Source: Global Times | 2018/6/13 23:03:40

CRRC upgrades speed of homegrown commercial maglev train to 160km per hour

CRRC Co has rolled out an upgraded 160-kilometer-per-hour 500-passenger commercial maglev train in Zhuzhou, Central China's Hunan Province, the company said on Wednesday.
Source: Global Times | 2018/6/13 22:58:40

New adjustment for pension funds coming

China will establish a central adjustment system for basic pension funds to balance the payment burden for local governments.
Source: Xinhua-Global Times | 2018/6/13 22:58:40

Didi increases available hours for Hitch

China's biggest ride-sharing company, Didi Chuxing, will resume its carpooling feature for certain time periods from Friday following a security appraisal, the company said on Wednesday.
Source: Global Times | 2018/6/13 22:53:43

AI chip makes progress

Leapmotor, a start-up based in East China's Zhejiang Province, announced on Wednesday at CES Asia that the first domestically made artificial intelligence (AI) chip has entered the stage of integration verification.
Source: Global Times | 2018/6/13 22:53:42

FTA talks boost Panama ties

A year after Panama and China established diplomatic relations, Chinese Commerce Minister Zhong Shan and his Panamanian counterpart Augusto Arosemena officially launched free-trade talks between the two countries on Tuesday. Arosemena, Panama's minister of commerce and industries, spoke to Global Times reporter Chen Qingqing (GT) on Wednesday, to discuss the future of China-Panama business relations.
Source: Global Times | 2018/6/13 22:53:41