Trade News

China protests ungrounded swine flu reportsApr 29, 2009

The Ministry of Health (MOH) said Wednesday that China strongly opposes the contents of overseas media reports on the country's swine flu situation, which were made regardless of truth and scientific common sense. MOH spokesman Mao Qun'an told Xinhua that some overseas media reports claimed the source of the current swine flu epidemic was in China. He d...

Another baby, solace for bereaved in quake zoneApr 29, 2009

Li Yurong found herself much more clumsy in her fifth month of pregnancy, a drastic contrast with ten years ago, when she was expecting her first baby. I almost vomit every day, and have no strength to move, said the 37-year-old Li, while lightly rubbing her big tummy. Li, a farmer in the Hanwang town, Mianzhu city, in China's southwest Sichuan Province,...

Swine flu not originates in China - MOHApr 29, 2009

The Ministry of Health (MOH) said Wednesday that China strongly opposes the contents of overseas media reports on the country's swine flu situation, which were made regardless of truth and scientific common sense. MOH spokesman Mao Qun'an told Xinhua that some overseas media reports claimed the source of the current swine flu epidemic was in China. He d...

Russian securities firm installs Orc trading toolsApr 28, 2009

Russian securities firm Maxwell Capital has implemented market connectivity and trade execution solutions from trading technology provider Orc Software. Maxwell Capital will use Orc Trader, the firm’s front-end trading application, to link to Russia’s domestic markets, RTS, FORTS and MICEX, as well as international markets. In addition,...

SIX Swiss Exchange shifts to new trading platformApr 28, 2009

SIX Swiss Exchange has migrated the majority of its participants to its new trading platform, SWXess. The platform, which was launched on 16 February, handles the trading of all securities listed on the exchange, including shares, bonds, exchange-traded funds and securitised derivatives, and offers lower latency and higher capacity than the previous system...

Foreign investment in China slows sharply in 2008Apr 28, 2009

Foreign investment, both to the financial and non-financial sectors, was significantly down in China last year, as foreign investors tightened their belts amid the global financial crisis, according to the State Administration of Foreign Exchange (SAFE) on Friday. The combined foreign direct investment inflow to China was 160.9 billion U.S. dollars in...

China's export fair welcomes first group of domestic buyers to offset...Apr 28, 2009

For the first time in its half-century history, the Canton Fair, known as China's largest export event, welcomed a group of domestic buyers on Saturday, as the organizers hoped domestic deals could offset a fall in export demand. Representatives of 200 domestic retailers including Wal-mart China and China's Brilliance Group attended the second phase ...

Chinese steel mills turn to more imported iron oreApr 28, 2009

A Chinese domestic steel mill, Tangshan Ganglu Iron and Steel Co., Ltd., has been using 100 percent imported iron ore in production since March -- though in January, domestic iron ore made up for about 30 percent of the total raw materials. The company, based in Zunhua in north China's Hebei Province, is one of the domestic mills that have been using...

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