The Australian government released draft laws on Tuesday that will require future covered short sale transactions on financial markets to be disclosed. Financial regulators put a total ban on short selling on Monday for a four week period in an attempt to curb market volatility caused by the global financial market crisis. As we have always said, ...
Chinese entrepreneurs and bankers are concerned about a domestic economic slowdown more than before, according to a quarterly survey by the central bank in the third quarter. Consumers, meanwhile, are showing weakening inflation expectations in the fourth quarter. A survey of about 5,000 businesspeople show they have highe...
Chinese Ministry of Commerce (MOC) on Monday ordered its local agencies to step up quality supervision efforts targeted at export-oriented foods, dairy products, medicines, toys and furniture products. This notice came after tainted dairy products sickened thousands of infants in the country. Local commerce agencies should set up special qua...
More than 70 tonnes of imported zircon sand, a refractory mineral, was ordered on Monday to be returned to its country of origin -- Nigeria -- for exceeding radioactivity standards, authorities said. The Gamma-ray equivalent of the 74.25 tonnes of zircon sand loaded in four containers was found to be 100 times the normal standard, a Xiamen inspe...
More women than men are shopping online, and making purchases more frequently over the Internet, showed the latest survey on online shopping habits issued by MasterCard here on Monday. The report, which surveyed 4157 respondents across Australia, Chinese mainland, China's Hong Kong, India, Japan, Singapore, South Korea and Thailand, showed that 78 per...
Foreign financial agencies are eager to play a role in China's coal industry, as the world's No. 1 coal producer looks to diversified sources to finance the fast-expanding industry. As the world's No.1 producer and consumer of coal, China needs more energy, especially coal, to fuel its booming economy. The central bank would continue to encourage ...
A delegation of West Africa's public and private sector operators are due in Beijing next week for a joint forum with their Chinese counterparts in an effort to stimulate increased Chinese investment in the strategic sectors of the regional economy. According to the African Press Organization on Sunday, approximately 450 private and public sector oper...
Citizens walk past a branch of China Citic Bank in Shanghai. China Citic Bank Co plans to start a private banking center in Shanghai for millionaire clients. The Beijing-based bank has already begun serving high net worth clients in the city by sending relationship managers to the city, Zhang Qiulin, general manager of Citic Bank's private banking,...
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