Articles in the Business News Category
China’s phone giant, China Mobile, said Wednesday it will pay US$5.8 billion for a 20 percent stake in Shanghai Pudong Development Bank as part of its bid to enter the wireless banking market. Hong Kong-listed …
The municipal government’s plan to transform Shanghai into an international trade center has got approval from the Ministry of Commerce, but still needs to get final clearance from the State Council, said sources familiar with …
Italy will be showcasing a temporary exhibition of 265 innovation projects at the Shanghai Expo to promote the country’s technological excellences and know- how, officials said Wednesday. Italian Public Administration and Innovation Minister Renato Brunetta …
THE World Exposition, scheduled for Shanghai China from May 1 to October 31, presents Zimbabwe with yet another opportunity to consolidate its global marketing campaign.
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MEXICAN telecom tycoon Carlos Slim is the world’s richest person, jumping past Americans Bill Gates and Warren Buffett to become the first person from a developing nation to top the list, according to Forbes magazine.
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SHANGHAI’S key stock index dropped in the morning session as China’s inflation reached a 16-month high, adding speculation on an interest rate rise.
The benchmark Shanghai Composite Index lost 0.64 percent,…
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CHINA’S industrial added value went up 20.7 pct in February year on year, the National Bureau of Statistics (NBS) announced today.
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CHINA’S consumer price index (CPI), a main gauge of inflation, rose 2.7 percent year on year in February, the National Bureau of Statistics announced today.
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THE producer price index (PPI), a major measure of inflation at the wholesale level, rose 5.4 percent in February from a year earlier, the National Bureau of Statistics (NBS) announced today.
It quickened from…
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SCANT buying lifted stocks for a second day yesterday after the government reported a drop in companies’ inventories.
The Dow Jones industrials rose only 3 points as the market remained in a lull that began on…
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