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HONG KONG - Honda Motor Co said it will resume car production at four plants in China on Friday, but the outlook for next week remains uncertain as some workers at a parts factory have not yet agreed to a full return to work, media reported. Japan's No 2 automaker suspended vehicle production in the world's biggest car market last week after employees...
With bilateral trade between India and South Africa pegged at US$7 billion at present, the two countries look to achieve the target of $10 billion by 2012, the Hindu Business Line reported. The much-anticipated India-SACU (Southern African Customs Union) Preferential Trade Agreement will eventually lead to a Free Trade Agreement between India, SACU and ...
EASTERN China's Jiangsu province scored a trade value of US$135.9 billion during the first four months of this year, up 49.4 per cent year on year and 8.8 per cent higher compared to the same period in 2008, before the world economic crisis, Logistics Week reported. Export value increased 40.2 per cent year on year and five per cent over 2008 to $76.6 ...
Beijing - The government has rolled out the long-awaited incentive program for fuel-efficient vehicles on a trial basis in five cities. The response from industry observers has been cautiously optimistic due to the small size of the program, which does not encompass Beijing, the city with the greatest vehicle ownership per capita. The five cities se...
WASHINGTON: US President Barack Obama vowed Wednesday to find the votes to pass a stalled energy bill in the Senate, using the huge Gulf of Mexico oil spill to advance efforts to boost production of renewable fuels. "The House of Representatives has already passed a comprehensive energy and climate bill, and there is currently a plan in the Senate - a p...
HELSINKI: Finnish telecommunication operators Sonera and Elisa launched Finland's first 4G networks respectively in Turku and Helsinki on Tuesday, Finnish media reported on Wednesday. According to Sonera, the 4G network in Finnish southwestern city Turku was launched on Tuesday for pre-commercial use. The company has recruited 20 users to pilot it. The...
BEIJING - Corn prices will largely remain stable thanks to the country's reserve system, government officials said amid concerns that they would continue to grow due to lower yields and market speculation. After the last shipment in 2006, China's imports of corn from the United States resumed earlier this year. Analysts said that although imports are ...
BEIJING - The Chinese economy is facing a downside risk due to uncertainties brought by the European debt crisis and the country's recent tightening measures, while an economic hard landing is highly unlikely, a senior analyst at a government think-tank said on Wednesday. "The economy is expected to decelerate from the strong spurt of growth we saw in ...
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