Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) has announced that it plans to issue medium-term notes worth RMB 4.5 billion ($737.7 million) on November 11. The notes in question will ...
Tags: Pangang Group
It's reported that rebar futures in Shanghai rose for a second day on decrease of money market rates, indicating the cost of funding is dropping. Rebar for delivery in May on the Shanghai Futures Exchange (SHFE) hit RMB3, 601/ton or rose by ...
Tags: rebar, steel, Construction
Deutsche Bank (China) Co., Ltd. (DB China) declared that it has been approved by the People's Bank of China (PBOC) to handle inter-bank bond settlement agency service, offering service to companies and financial institutions participating ...
Judging by the designer shoes this young Chinese entrepreneur is sporting, his business, a cozy Italian restaurant in an upscale Shanghai neighborhood, must be doing rather well. The new car parked outside reinforces that observation. On ...
Tags: Bank Loans, Innovation
People's Bank of China in a closed-door meeting last week sought to reassure money-market traders that a short-term spike in interest rates would not necessarily translate into a tightening of liquidity, Reuters reported. The PBOC also ...
On Ocotober 21, the commercial vehicle financing project of Sichuan Hyundai Motor Company is signed in Ziyang, Sichuan province. Deputy Secretary of Ziiyang Municipal Party Committee Wang Lin rong, vice president of Bank of China Sichuan ...
Tags: commercial vehicle, Hyundai
Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...
Tags: domestic demand, Chemicals
Preliminary Accounting Results of GDP for the First Three Quarters of 2013 National Bureau of Statistics of China According to the related information, the preliminary accounting results of GDP for the first three quarters of 2013 are as ...
In the first three quarters of 2013, the CPC Central Committee and the State Council committed to the general tone of making progress while ensuring the stability, stabilized the macro-economic policies, made innovation on the ...
Tags: economy
China will continue to pursue reforms to improve the quality and efficiency of economic development, while maintaining macroeconomic stability, said China 's central bank deputy chief on Saturday. "The Chinese economy maintained a ...
Tags: Quality of Growth
Hongkong Land was said to be organizing a domestic loan of CNY 2.6 billion to CNY 2.8 billion or USD 425 million to USD 457 million to build a Wangfujing international brand center. The company has contacted with several Chinese and ...
Tags: Hongkong, Wangfujing Center, economy
Agricultural Bank of China (SHSE: 601288) announced on October 8 that its Frankfurt branch has been officially approved by the financial authority of Germany on October 1, 2013 based on the local time. The branch previously had been ...
Wison Engineering (SEHK: 2236) announced on September 25 Agricultural Bank of China (ABC) had issued a notice to require the former to repay principal of CNY 186 million and related loan interests to its subsidiary Wison Engineering ...
Tags: Construction, Decoration
Last week saw U.S. stock indexes climb to near record highs and the U.S. dollar fell to its largest decline in 5 weeks following the release of minutes from the Federal Reserve along with comments from Fed Chairman Ben Bernanke that ...
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy