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Chinese equities went up 1.44 percent Tuesday led by steel makers and coal producers. The benchmark Shanghai Composite Index rose 41.71 points, or 1.44 percent, to end at 2,936.19. The Shenzhen Component Index increased 131.01 points, or 1.12 percent to close at 11,874.90. Chinese equities went up 1.44 percent Tuesday led by steel makers and coal prod...
A US professor who showed how common property might be more successfully managed became the first woman to win the Nobel Prize for economics Monday, sharing this year's award with an American expert on conflict resolution. Elinor Ostrom defied conventional wisdom with her studies that showed user-managed common property - such as fish stocks and woodland...
The Ministry of Public Security will reopen a department to fight the growth of fake bank notes across the country. The ministry will also allocate 10 million yuan ($1.5 million) to fund major investigations into fake notes and provide rewards for tips and outstanding police officers. China launched the nationwide crackdown after a number of "highly-rea...
China National Offshore Oil Corp (CNOOC), the country's leading offshore oil producer, is seeking to invest in a giant oilfield in Ghana to enhance its overseas development plans. Beijing-based CNOOC is in talks with Ghana National Petroleum Corp to make a bid for a stake in the Jubilee oilfield, the Wall Street Journal reported, citing unnamed people. ...
China plans to invest 468.9 billion yuan ($68.65 billion) in projects to boost the development of the country's western region in 2009, said the National Development and Reform Commission (NDRC) Monday. The investment will go to 18 projects, including railways, express ways, hydropower stations, shipping hubs, water control projects and airports. These...
Nearly three-dozen deals worth more than $5.5 billion combined are expected to be signed between China and Russia during Prime Minister Vladimir Putin's visit to Beijing, possibly including a major refinery in Tianjin. The Sino-Russian contracts involve a range of industries, from energy, transportation, mining, to finance and telecom. Chinese observer...
Although advertisers turned down tap on marketing amid the economic downturn, Hong Kong-based television broadcaster Pheonix added a workstation in the financial hub of Frankfurt after the outbreak of the crisis. "It is a big spending for a small commercial TV network. But we find it worthwhile since it helps make well-rounded and solid reporting," said L...
China appreciates India's decision to terminate a trade investigation into Chinese-made passenger car tires, the Ministry of Commerce (MOC) said Saturday. The decision would not only help boost the steady development of bilateral trade ties, but also benefit the downstream businesses of India, the MOC said in a statement on its website. China hoped to ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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