BUSINESS >> Markets

Vietnam to keep on tightening monetary policy

Vietnam's central bank will likely continue its tightened monetary policy in the fourth quarter of this year after its decision to strictly control lending to high risk sectors in the third quarter did not adversely affect the country's economic growth, according to local experts.
Source: Xinhua | 2018/10/8 13:00:00

Botswana eyes Chinese market for beef to grow export: minister

Botswana is exploring the Chinese market for beef and byproducts in line with its export growth strategy, the country's agricultural minister said on Sunday.
Source: Xinhua | 2018/10/8 8:40:11

China's telecommunication sector grows steadily in August

China's telecommunication industry has grown steadily with the number of cellphone users growing rapidly in the first eight months of 2018, official data showed.
Source: Xinhua | 2018/10/8 8:17:14

US' widening trade deficit with China shows Trump's trade policy backfiring

US President Donald Trump's trade policy has backfired, as the country's trade deficit in goods with China in August jumped to a all-time high amid tumbling soybean exports and a halt in crude oil shipments to China.
Source: Global Times | 2018/10/7 21:08:39

China's central bank RRR cut to prop up pressured bourses

Chinese stock markets will probably be led by fluctuations after the National Day holidays, mainly pressured by external market decline, a stock analyst predicted on Sunday.
Source: Global Times | 2018/10/7 18:03:39

Expressway extends

Wenchang-Qionghai Expressway in Qionghai, South China's Hainan Province is being built on Sunday. Road crews were working during the weeklong China's National Day holidays to ensure smooth and fast construction. The 65.7-kilometre expressway is expected to be open to traffic in November 2019. By then, the driving time from Wenchang in Northeast Hainan to Qionghai will be shortened to half an hour. Photo: VCG
Source: VCG | 2018/10/7 17:48:40

US works to diversify farm trade away from China market

US Agriculture Secretary Sonny Perdue said that the US “probably made a mistake” becoming too trade dependent on China and added that the administration was trying to pursue trade deals elsewhere.
Source: Reuters | 2018/10/7 17:43:40

Washington considers waivers on Iran oil

The Trump administration is actively considering waivers on sanctions it will reimpose next month for countries that are reducing their imports of Iranian oil, according to a US government official on Friday.
Source: Reuters | 2018/10/7 17:43:39

Investors trim stock rights pledges

The chairmen of more than 100 listed firms in China have reduced the scale of financing they get through stock rights pledges, according to a report by domestic news site cnstock.com on Tuesday.
Source: Global Times | 2018/10/7 11:38:39

Trade measures in Shanghai FTZ attract foreign investment, industrial clusters

With the promotion of innovative trade facilitation measures and professional trade platforms, the bonded area of the China (Shanghai) Pilot Free Trade Zone (FTZ) has attracted foreign investments and large-scale industry clusters since it opened, domestic news site Chinanews.com reported on Thursday.
Source: Global Times | 2018/10/5 12:42:22

Turkey's inflation soars to 24.5 pct in Sept.

Turkey's annual inflation rate soared to almost 25 percent in September amid a currency turmoil that has fueled an increase in prices, official data showed Wednesday.
Source: Xinhua | 2018/10/4 10:27:19

Gold price opens higher in Hong Kong

The gold price in Hong Kong went up 120 Hong Kong dollars to open at 11,280 dollars (about 1,438.78 US dollars) per tael on Wednesday, according to the Chinese Gold and Silver Exchange Society. (1 US dollar equals to 7.84 HK dollars)
Source: Xinhua | 2018/10/3 11:45:50

Investors trim stock rights pledges

The chairmen of more than 100 listed firms in China have reduced the scale of financing they get through stock rights pledges, according to a report by domestic news site cnstock.com on Tuesday.
Source: Global Times | 2018/10/2 16:32:07

S. Korean carmakers' global auto sales fall in September on less business days

Global auto sales by South Korean carmakers fell last month on less business days, industry data showed Monday.
Source: Xinhua | 2018/10/1 17:02:11

Crisis awareness reflects housing market game changer

The slogan "To Survive" revealed by a major Chinese real estate developer sparked widespread concerns over the further cooling-down of the domestic housing market, which also signaled a looming crisis for some small and medium-sized companies, industry insiders said.
Source: Global Times | 2018/10/1 16:56:08

Australian economy "strong" despite high household debt: Treasurer

Australia's Treasurer Josh Frydenberg has played down concerns about the nation's rising household debts, saying the heaviest burdens are on those that can carry them.
Source: Xinhua | 2018/10/1 13:20:18

Super-large boring machine set for delivery

Chinese firm CCCC Tianhe Mechanical Equipment Manufacturing Co rolled out China's largest export-bound slurry tunnel boring machine (TBM) on Saturday, marking what officials call a milestone in China's push for high-end machinery exports in a market that has been dominated by developed countries.
Source: Global Times | 2018/9/29 23:38:41

Policy banks bonds snapped up

As China opens up its $12 trillion bond markets to offshore investors, a recent tax change is tempting foreign investors to look beyond the safest government bonds and to focus on debt issued by the country's policy banks.
Source: Reuters-Global Times | 2018/9/28 19:06:13