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Market News |
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| Members will be notified by email immediately of any Chinese industry specific updates, either government or business, that potentially affect either directly or indirectly, their business operations in China
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TCL cuts funds target from private placement |
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2007/12/03 13:49 (Beijing - China) |
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| Consumer electronics maker TCL Corp said its board has approved a proposal to reduce the target size of the funds to be raised from a planned private placement to 1.696 billion yuan. |
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AQSIQ: China to import 2nd batch of Japanese rice |
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2007/12/03 13:46 (Beijing - China) |
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| China has agreed to import the second batch of 150 tons of rice from Japan before next March. |
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China to produce 490 mln tons of crude steel this year |
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2007/12/03 13:44 (Beijing - China) |
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| Chinese crude steel output is estimated to hit 490 million tons this year, 16 percent higher than the figure last year. |
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China's customs revenue reaches 688.3 bln yuan by November |
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2007/12/03 13:42 (Beijing - China) |
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| China's customs revenue hit 688.35 billion yuan (about 93.02 U.S. dollars) by November 28 this year. |
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China's airline becomes Hungary's chartered carrier for 2008 Olympics |
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2007/12/03 13:42 (Beijing - China) |
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| China's Hainan Airlines has become Hungary's chartered carrier for the 2008 Beijing Olympic Games. |
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China encourages insurers to invest abroad |
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2007/12/03 13:40 (Beijing - China) |
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| Domestic insurers plan to expand overseas through investment over the long term. |
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China's sovereignty wealth fund seeks to be a stablizing presence |
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2007/12/03 13:36 (Beijing - China) |
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| China Investment Corp. (CIC), the nation's sovereignty wealth fund, is looking to be a stabilizing force in the international equity markets. |
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UBS: China's economy is not overheated |
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2007/12/03 13:34 (Beijing - China) |
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| Investors' concerns over a growth "hangover" from domestic over-investment are unwarranted. |
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Measures to ensure affordable housing come into effect |
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2007/12/03 13:33 (Beijing - China) |
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| National guidelines on economically affordable housing were released on Friday night along with new State measures on housing for low-income families. |
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Report highlights ways to help stop China's economy from overheating |
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2007/12/03 13:31 (Beijing - China) |
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| China should strengthen regulations on fixed-asset investment to prevent the economy from overheating. |
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Transpetro to hold bidding for steel |
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2007/11/30 10:27 (Beijing - China) |
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| Transpetro, a subsidiary of Brazil's state-owned oil and gas giant Petrobras, announced that it will hold an international public bidding in December to purchase steel.
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S Korea's economy predicted to grow 5% in 2008 |
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2007/11/30 10:25 (Beijing - China) |
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| South Korea's economy is able to grow 5 percent in 2008 on the back of expanding consumption and corporate investment. |
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Tokyo shares up over 2% |
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2007/11/30 10:23 (Beijing - China) |
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| Tokyo stocks surged recently, sending both indexes up more than 2 percent.
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Singapore, France sign MOU on bilateral media co-op |
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2007/11/30 10:22 (Beijing - China) |
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| Singapore and France Thursday signed a deal to boost bilateral audiovisual collaborations and co-productions. |
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China Unionpay launches ATM cash withdrawal services in Malaysia |
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2007/11/30 10:21 (Beijing - China) |
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| China Unionpay (CUP) and Malaysian Electronic Payment System (MEPS) launched ATM cash withdrawal services in Malaysia. |
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UAE police seizes over $6 mln counterfeit bills |
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2007/11/30 10:17 (Beijing - China) |
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| Police of the United Arab Emirates (UAE) has cracked a counterfeit money racket and seized more than six million fake U.S. dollar bills. |
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Singapore to set up research center for energy solutions |
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2007/11/30 10:15 (Beijing - China) |
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| Singapore will establish a 38.5-million- Singapore dollars (about 26.5 million U.S. dollars) center, which will be a national test-bedding and research and development infrastructure for sustainable energy solutions. |
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Chile, Germany sign 50 million-euro energy pacts |
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2007/11/30 10:14 (Beijing - China) |
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| Chile and Germany on Tuesday signed two aid agreements to develop renewable energy and energy efficiency. |
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Siemens wins EU approval to sell auto subsidiary |
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2007/11/30 10:07 (Beijing - China) |
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| The German engineering giant Siemens won approval from the European Union (EU) to sell its automotive subsidiary VDO to German car parts maker Continental. |
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ArcelorMittal to invest $5 bln in Brazil
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2007/11/30 10:05 (Beijing - China) |
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| The world's largest steel maker Arcelor Mittal CEO Lakshmi Mittal said on Thursday that it intends to invest 5 billion U.S. dollars in Brazil in the next few years.
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