The Shanghai Gold Exchange will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London, a top bourse official said on Wednesday. SGE head Xu Luode said ...
Tags: Shanghai Gold Exchange, Gold Price
China's market regulator said Monday the government will strictly regulate online commerce, amid a heated public debate on China's largest online shopping platform Taobao.com which was found to match-make transactions of a great number of ...
Tags: Consumer Electronics, market
China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
China will accelerate price reform this year in sectors such as electric power, head of the country's top price regulator said Thursday. The National Development and Reform Commission (NDRC) will further strengthen its efforts on price ...
Tags: Price Reform, electric power
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...
Tags: consumer price index, CPI
Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...
Tags: Commodity Imports, raw materials
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved continuation of mandatory packaging of foodgrains and sugar in jute material to the minimum extent of 90 percent and 20 percent ...
Tags: foodgrains, sugar, Textile
Textile engineering expo, GTTES-2015 which was held in Mumbai from January 20-22 on an area of 11,500 sq metres, saw over 282 Indian and foreign exhibitors, with a majority of foreign ones coming from China. Ambassadors and consul ...
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at 0.11 per cent for December 2014 (over December 2013), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: cotton yarn, tyre cord fabric, woollen textiles, Textile
A sinking crude oil market is just too much for the grain bulls to handle right now. Corn and soybean prices moved lower Monday morning after USDA released quarterly grain stocks, monthly world agricultural supply and demand estimates ...
Tags: grain bulls, crop production, Agriculture
Overall shop prices reported deflation for the 20th consecutive month, decelerating to 1.7% in December, after reporting deflation of 1.9% in November, according to the latest BRC-Nielsen Shop Price Index. On a 12-month average basis, the ...
Tags: input costs, Shop Price Index, Furniture
Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...
Tags: crude prices, Crude Oil
The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates for fourth-quarter growth. Yet big moves also create the ...
Tags: Trade Deficit, America economy
People felt a strong and happy festive atmosphere in Beijing on Dec 24, and the Christmas Eve turned out to be another carnival for youths and kids just like the Halloween not long ago. While the Western festivals are becoming ...