One change will certainly be deeply felt in China's economy in 2016 and more time come: supply-side structural reform. "Supply-side structural reform is an urgent task that cannot afford any delay, otherwise the 'sickness' will become ...
China's central bank is allowing individuals to set up bank accounts via video teller machines and the Internet. The People's Bank of China issued a note saying banks can use multiple ways to verifying applicants. In addition to going ...
Tags: VTMs, Personal Bank Accounts
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
A draft amendment to the population and family planning law is being discussed by the top legislature. Along with the universal two-child policy, the amendment covers issues including illegal surrogacy and the cancellation of extended ...
Tags: Surrogacy, Late Marriage
Ford has teamed up with the world’s leading mobile glass supplier to help build its next supercar. The new Ford GT will feature a Corning-made Gorilla Glass hybrid windshield, pegged as 30% lighter than normal glass. Corning is, ...
Tags: Ford, supercar, Consumer Electronics
Samsung has announced that its mobile payment system, Samsung Pay, is launching in China in the New Year. The maker of the Samsung Galaxy S6 and Galaxy Note 5 has announced a deal with China UnionPay, the organisation that handles bank ...
The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...
Tags: oil product, crude oil
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
China once again urged the United States to ratify the International Monetary Fund (IMF)'s 2010 quota and governance reform plan, which will grant emerging countries greater say in the institution, as soon as possible. According to media ...
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
Changes to the UK renewable energy subsidies, including programs such as Feed-in Tariff scheme and Renewable Obligation, will contribute a total reduction of GBP500 million-GBP600 million ($746 million-$895 million) from the Levy Control ...
Tags: Renewables Energy, fuel, climate change
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
A team of engineers from Cornell University, the University of Notre Dame and the semiconductor company IQE has created gallium nitride (GaN) power diodes capable of serving as the building blocks for future GaN power switches -- with ...
Tags: GaN p-n junction diodes, GaN Power Switches, solid-state lighting
Advertising is big time business. Numerous establishments, particularly big ones, spend so much each year on advertisements just to boost their industry and gain an edge over their competitors. Print, broadcast, film and Internet media are ...
Tags: LED Display, LED Screen, Chipshow
China's central bank said Monday the Chinese currency has the fundamentals to remain stable relative to a basket of currencies after a change on Friday in the way the renminbi's value is calculated. The fundamentals include a high ...
Tags: RMB, Central Bank