BUSINESS >> Markets

U.S. tariffs threat erodes transatlantic trust

As anxiety rises over potential tariffs from the United States, European Union (EU) trade ministers gathered Friday in the Romanian capital of Bucharest for an informal meeting.
Source: Xinhua | 2019/2/24 1:25:02

China reports 1st forex settlement surplus in 7 months

China's commercial banks saw a net forex settlement surplus of 81.8 billion yuan, or 12.1 billion US dollars, in January, official data showed.
Source: Xinhua | 2019/2/23 12:18:56

180,000 new businesses registered in Beijing last year

Beijing reported a growing number of companies last year with 180,000 new businesses registered, authorities said.
Source: Xinhua | 2019/2/23 12:18:12

US Fed stresses patience in rate hikes amid "less supportive" financial conditions

US Federal Reserve said on Friday that the economy needs "further gradual removal of policy accommodation", even though financial conditions become "less supportive".
Source: Xinhua | 2019/2/23 9:52:12

China's home prices remain stable in January

Home prices in 70 major Chinese cities largely remained stable in January, official data showed Friday.
Source: Xinhua | 2019/2/22 10:17:13

Feature: Chinese toy makers move up value chain in global markets

Chinese toy manufacturers, which produce around 75 percent of global toys each year, are rising up the value chain from original role as contract manufacturers by moving into designing and manufacturing products of their own brands.
Source: Xinhua | 2019/2/21 14:21:54

Twitter to Implement New Policy for Political Ads in March

Twitter is expanding its political advertising policy to all European Union (EU) states, as well as India and Australia, the company said on Tuesday.
Source: Sputnik | 2019/2/21 11:24:47

WTO: Global Trade Level in 1st Quarter of 2019 Lowest Since 2010 Amid US Tariffs

The World Trade Outlook Indicator (WTOI) in the first quarter of 2019 dropped to 96.3 points, the lowest rate recorded since March 2010, the World Trade Organization (WTO) said, adding that the current trend could be explained by, among other issues, existing trade tensions.
Source: Sputnik | 2019/2/21 11:19:08

Decreasing Engel's coefficient reflects China's economic leap

Behind China's slumping Engel's coefficient is the nation's rising income level, which reflects the rapid economic growth of recent decades, an economic expert said on Wednesday.
Source: Global Times | 2019/2/20 22:33:40

Can India sustain export gains after China, the US strike a trade deal?

India appears to be a winner from the ongoing China-US trade war, with its exports to China, driven by rises in agricultural products, marine products, and chemical products, set for a record in the 2018-19 fiscal year, which ends on March 31.
Source: Global Times | 2019/2/20 22:23:40

China urges US not to politicize foreign exchange rates during bilateral discussions

China's Ministry of Foreign Affairs is urging the US not to “politicize” foreign exchange rate matters, responding to questions on US pressure for China to keep value of the yuan stable as part of their bilateral trade negotiations.
Source: Global Times | 2019/2/20 21:48:41

Vietnam to export 6-7 mln tons of rice in 2019

Vietnam plans to export 6-7 million tons of rice this year, compared with roughly 6.1 million tons worth nearly 3.1 billion US dollars last year, according to its Ministry of Agriculture and Rural Development on Wednesday.
Source: Xinhua | 2019/2/20 17:16:33

Global energy giants seek opportunities in China: report

British energy company BP Plc has launched its first branded station in Shandong Province, beginning to build 1,000 new sites across China over the next five years through its joint venture partnership with Shandong Dongming Petrochemical Group, a private refiner.
Source: Xinhua | 2019/2/20 13:46:02

Falling value of Bitcoin hits related companies in China

The glory days of Bitcoin-related business, including mining machines of the coin, may be over in the past year as the falling value of the cryptocurrency is hitting demand for related products.
Source: Global Times | 2019/2/19 22:23:40

China to help domestic soybean, corn growers, raise farm imports

China will take measures to help domestic soybean and corn farmers, while also seeking to expand imports of certain agricultural products that are considered in shortage through diversified channels, according to a central government guideline released on Tuesday.
Source: Global Times | 2019/2/19 22:18:40

China's Greater Bay Area blueprint to tap financial potential

Innovation and ingenuity will be needed to bring financial-sector cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area to a whole new level, analysts said on Tuesday.
Source: Global Times | 2019/2/19 21:13:40

Chinese A shares a 'haven' for overseas investors

China's stock market could attract as much as 600 billion yuan ($88.6 billion) in 2019, as investors eye opportunities in sectors ranging from high-technology companies to the real economy, after China vowed to further open up the financial sector and global indexes included Chinese stocks.
Source: Global Times | 2019/2/19 20:28:40

China's outbound M&A in 2018 drops for third straight year: report

The Chinese mainland's outbound merger and acquisition (M&A) activity fell for the third straight year in 2018, dropping to less than half of the peak level recorded in 2016, according to a report released by consulting firm PwC on Tuesday.
Source: Global Times | 2019/2/19 19:23:40