Asia
Asia
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Chinese Banks Bought Less Exchanges Than They Sold in Bank-to-Client Forex Transactions
Jul 23, 2013Chinese banks bought less foreign exchanges than they sold in its bank-to-client forex transactions in June, registering a deficit of $400 million, latest data showed Monday. It is the first such deficit since September, according to the ...
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Stocks Gained on Monday Amid Speculation They Would Stand to Benefit The Most
Jul 23, 2013Stocks of small and medium Chinese enterprises gained on Monday amid speculation they would stand to benefit the most from the abolition of a floor on lending rates over the weekend, Bloomberg reported. Analysts said cash starved SMEs can ...
Tags: Lending Rate
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Fortune Global 500 List of World's 500 Largest Companies Features 95 Chinese Enterprises
Jul 23, 2013The newly-released Fortune Global 500 list of the world's 500 largest companies features 95 Chinese enterprises, with only the U.S. having more companies on the list. The facts about these 95 Chinese companies make for interesting ...
Tags: Fortune, Chinese Economy
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China Is Willing to Allow Australian Banks Greater Access to Chinese Financial Market
Jul 20, 2013The Australian financial services sector could be a major beneficiary if the Labor government is able to finalise the long-awaited free trade agreement with China. Analysts in Beijing believe China would be willing to allow Australian ...
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Australian Share Market Fell as Japan's Share Market Succumbed to Profit Taking
Jul 19, 2013The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
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China Should Initiate Another Round of Effective Economic Reforms to Sustain Its Growth
Jul 19, 2013The International Monetary Fund said in its Wednesday report that China should initiate another round of effective economic reforms to sustain its growth, as domestic risks to the economy grow, Reuters reported. The IMF hasn't changed its ...
Tags: Economic Reforms, IMF
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The Majority of The Associate Companies Have Reported Losses and Face Challenges in 2013
Jul 19, 2013Due to down market prices and stagnant real estate market, the majority of the associate companies have reported losses and face challenges in the first half of the year in 2013. According to data, the steel production of Vietnam Steel ...
Tags: estate market, Construction, Decoration
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Roberts Joins From Sealed Air Cryovac Where She Has Been Executive Retail Director for EU
Jul 19, 2013Roberts joins from Sealed Air Cryovac where she has been executive retail director for Europe since 2011. Prior to that she spent 14 years at the retailer, where she was one of the chief architects of the Plan A environmental strategy, ...
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Accounting Methods of Quarterly GDP
Jul 19, 2013According to the related information, the preliminary accounting results of GDP for the first half of 2013 are as follows: Preliminary Accounting Results of GDP for the First Half of 2013 Absolute Value ...
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Australian Dollar Falls as Second Biggest Economy Is Unlikely to Receive Massive Stimulus
Jul 18, 2013The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
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The Chinese Economy Is Capable of Withstanding Shocks
Jul 18, 2013The Chinese economy is capable of withstanding shocks, although its facing downside risks from both external and domestic uncertainties, said the International Monetary Fund (IMF) on Wednesday. China's economy "is expected to grow at ...
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China's Gross Domestic Product (GDP) Increases by 7.6% Year on Year
Jul 18, 2013According to data released by China's National Bureau of Statistics (NBS), China's gross domestic product (GDP) totaled RMB24.8009 trillion in the first half of this year, increasing by 7.6% year on year. It's known that the country's GDP ...
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China's Holdings of US Treasuries Increased Further in May, Rising to a Record High
Jul 17, 2013China's holdings of US Treasuries increased further in May, rising to a record high of US$1.316 trillion, according to data released by the US Department of Treasury. China continues to be the largest holder of US Treasuries as the ...
Tags: US Treasuries, government debt
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The Total Sown Areas of Summer Grain Was 27,588 Thousand Hectares
Jul 16, 2013According to the survey on the summer grain in 25 producing provinces, autonomous regions and municipalities, the sown areas, yield per unit area, and total output of summer grain are as follows: I. The total sown areas of summer grain ...
Tags: Summer Grain, 2013
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The Business Climate Index (BCI) Was 120.6 in The Second Quarter of 2013
Jul 16, 2013National Business Climate Survey results showed that the business climate index (BCI) was 120.6 in the second quarter of 2013, decreased 5.0 points quarter-on-quarter, but still significantly higher than the critical value 100, and ...
Tags: Business Climate Index, 2013
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