BUSINESS >> Markets

Sea cucumbers die en masse amid record heat wave

More than 70 percent of sea cucumbers in Dalian, Northeast China's Liaoning Province, which accounts for half of China's output, has been lost due to high ocean temperatures, wreaking unprecedented havoc on one of the nation's most priced delicacies, according to a report by China Central Television.
Source: Global Times | 2018/8/6 22:28:39

Targeted measures necessary for A-share problems amid trade tension

A sustained downward spiral in the shares of companies listed on the Chinese mainland, which has largely bucked the global upswing led by US shares, has intensified worries in China's financial market about the impact of a protracted trade war.
Source: Global Times | 2018/8/6 22:23:40

Dalian iron ore rallies on strong Chinese steel margins

Chinese iron ore futures surged nearly 7 percent to their strongest level since March on Monday, supported by strong margins at China's steel producers as the country's anti-pollution fight tightens supply in the world's top producer.
Source: Reuters-Global Times | 2018/8/6 18:58:40

Mainland stocks extend losses on fresh trade salvos

Chinese mainland stocks ended lower on Monday amid the escalating China-US trade war.
Source: Reuters-Global Times | 2018/8/6 18:58:40

China's July exports growth predicted at 10%

China's exports are expected to have maintained solid growth in July despite new tariffs on billions of dollars worth of shipments to the US.
Source: Reuters-Global Times | 2018/8/6 18:58:39

Lock-up shares worth $2.6b eligible for trade

Lock-up shares worth about 17.9 billion yuan ($2.6 billion) will become eligible for trading on China's bourses this week.
Source: Xinhua | 2018/8/5 21:32:41

China Exim Bank's B&R loans go up by 37% in H1

The Export-Import Bank of China (China Exim Bank) has announced that its outstanding loans for the China-proposed Belt and Road (B&R) initiative rose 37 percent year-on-year in June.
Source: Xinhua-Global Times | 2018/8/5 19:33:39

China's tit-for-tat tariffs to depress US LNG, oil

China's proposed tariffs on US liquefied natural gas (LNG) and crude oil exports has opened a new front in the trade war between the two countries and come at a time when the White House is trumpeting growing US energy export prowess.
Source: Reuters | 2018/8/5 18:38:40

Stocks drop to 6-month low on trade tensions

Shares in China extended losses on Friday in their worst week since February, with analysts stating that low levels are expected to continue as the trade row between the world's two largest economies continues to cast gloom over financial markets.
Source: Global Times | 2018/8/5 18:38:39

AI schooling blossoms in China amid talent shortages

All of a sudden, schools and institutions dedicated to artificial intelligence (AI) teaching and research have blossomed in China, as the country strives to become a global incubator for AI talent by 2030. Official data shows that more than 70 Chinese universities and colleges had introduced AI-related majors as of December 2017, and that has helped to quickly bring the advanced technology into reality. However, education experts and insiders are now concerned that the rush will likely generate too much industry hype.
Source: Global Times | 2018/8/5 17:33:39

CBOT soybeans up over short-covering amid escalating trade tensions

Chicago Board of Trade (CBOT) agricultural futures closed mixed on Friday, with soybeans rising over short-covering and wheat falling on profit-taking.
Source: Xinhua | 2018/8/4 10:47:45

Monetary policy should boost real economy

China should pay more attention to the "transmission" of monetary policy and its support for the real economy, according to a national economic meeting held on Friday.
Source: Global Times | 2018/8/3 22:08:41

China's OnePlus sees fast growth in Indian premium smartphone market

Chinese smartphone manufacturer OnePlus surpassed Samsung and Apple as the fast-growing premium (price of over 436 USD) smartphone brand in India, a report has showed.
Source: Xinhua | 2018/8/3 17:09:36

China's central bank drains 210 bln yuan from market this week

China's central bank drained 210 billion yuan (about 30.57 billion US dollars) from the financial system this week as liquidity remained ample.
Source: Xinhua | 2018/8/3 13:16:44

China cracks down on fake products

As China steps up efforts to crack down on counterfeit products, experts noted on Thursday that the country's campaign to protect intellectual property should yield long-term gains in ongoing trade friction with the US.
Source: Global Times | 2018/8/2 20:28:39

Mainland stocks end lower as tariffs threat, weaker confidence bite

Chinese mainland stocks plunged on Thursday as Washington's threats of higher tariffs heightened investors' fears about the China-US trade war, and as a vaccine scandal and signs of slowing domestic growth undermined market confidence.
Source: Reuters-Global Times | 2018/8/2 17:53:40

Shanghai steel, iron ore futures fall on escalating US-China trade war jitters

China's steel and iron ore futures fell on Thursday as US plans to impose a higher 25 percent tariff on $200 billion worth of Chinese imports renewed worries over an escalating trade war between the world's two biggest economies.
Source: Reuters-Global Times | 2018/8/2 17:53:40

INE seeks brokers to lift oil futures

Shanghai International Energy Exchange (INE) is asking futures brokers to help boost trading volumes and liquidity in its crude oil futures trade as the first contract heads for expiry later this month, two sources said.
Source: Reuters-Global Times | 2018/8/2 17:53:39