China has granted a 50 billion yuan (7.8 billion U.S. dollars) investment quota to Thailand under the Renminbi Qualified Foreign Institutional Investor (RQFII) pilot program, China's central bank said Thursday. The decision, part of ...
Tags: RQFII, financial cooperation
The "Digital China Forum" of the Second World Internet Conference is held in Wuzhen, Zhejiang Province, December 17, 2015. [Photo: CFP] A high-level advisory committee for the World Internet Conference's (WIC) organizing committee ...
Tags: Internet Conference, Wuzhen
China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...
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
New Orleans bunker fuel remained in short supply Thursday, which has caused high-sulfur product prices in that port to spike relative to the nearby and competing Houston market. New Orleans IFO 380 3.5%S was assessed at $205/mt ex-wharf ...
The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
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
Chinese Premier Li Keqiang shakes hands with Kazakh Prime Minister Karim Masimov at the Great Hall of the People in Beijing on December 14, 2015. [Photo: Xinhua] Premier Li Keqiang held talks with his Kazakh counterpart Karim Massimov in ...
Volunteers of the second World Internet Conference are shown wearing Chinese style blue coats while debuting at Wuzhen, east China's Zhejiang Province. These volunteers will serve the conference from December 16-18. [Photo: Imagine China] ...
Leaders of the Shanghai Cooperation Organization (SCO) member states attend a signing ceremony on Dec 15 after the 14th Meeting of Prime Ministers of SCO in Zhengzhou, Henan province on December 15, 2015. [Photo: Xinhua] The 14th prime ...
Tags: SCO, finance, regional trade
The 2016 Times Square Ball numerals debuted in New York City earlier this week. (All Photo Courtesy of Philips) They are big. They are bright. They made their way down Broadway yesterday for their first appearance of the year. It’s ...
Tags: LED Bulbs, Philips, Ball Numerals
The launching ceremony of the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games is held on Tuesday, December 15, 2015. [Photo: bjnews.com] China has launched the Beijing Organizing Committee for the 2022 ...
With the technical assistance from the American company "Edupath" based in California,the New Oriental Education and Technology Group launches a new app, which claims to able to help young Chinese students better tackle the SAT, at a ...
Chinese President Xi Jinping delivers a keynote speech at the 2nd World Internet Conference in Wuzhen, east China's Zhejiang Province on Wednesday, December 16 2015. [Photo: Xinhua] Chinese President Xi Jinping on Wednesday lashed out at ...
Tags: Cyberspace, WIC, Double Standards