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China's express delivery market has been undergoing unprecedented change since Federal Express (FedEx), a world leader in express mail delivery began reducing its prices early this year. Under its latest discounted rate in August, FedEx overnight service in the Yangtze River Delta starts at merely seven yuan, the China Economic News reported on Tuesd...
The Hang Seng China Enterprises Index rose 82.39 points, or 0.73 percent, to close at 11,406.64 on Tuesday, boosted by huge gains of resources and financial sectors. The H-shares index, initiated in August 1994 and readjusted on March 10, 2008, tracks the overall performance of 42 Chinese mainland state-owned enterprises listed on the Hong Kong Stock ...
California drivers buy more fuel-efficient hybrid cars than any other state, and most of them do it due to financial rather than environmental concerns, according to a study released Tuesday. A total of 39,830 new hybrids were registered in California for the year to date through May, almost five times as many as in Florida, the next closet state...
The revenue from web advertising in Brazil reached 321 million reais (197 million U.S. dollars) in the first half of 2008, up 45 percent from the same period of last year, according to a study released on Tuesday by consulting company Inter-Meios. The study shows that among all kinds of media, advertising on the Internet grew the fastest, surpassing c...
In an attempt to keep steel prices from rising further, the Indian government may raise export duty on iron ore, the Economic Times reported Wednesday. India's Committee of Secretaries (CoS) reviewing prices of essential commodities is set to discuss a proposal to raise export duty on iron ore to 20 percent from 15 percent. The move is aimed at im...
Aluminum Corp of China, or Chinalco, has got Australian approval to raise to 11 percent its stake in Rio Tinto Group, the target of a hostile $143 billion takeover by rival miner BHP Billiton Ltd. I have decided to raise no objections under Australia's foreign investment policy, Wayne Swan, federal treasurer of Australia, said yesterday in a statement....
Employees of financial institutes who take advantage of non-public information for personal gains in trading will face criminal prosecution, according to the draft amendment to the Criminal Law submitted to China's top legislature Monday. Employees of fund management companies, securities firms, commercial banks and other financial establishments coul...
China saw a surge in the spending for advertising in the first half to a record 244.9 billion yuan (34.99 billion US dollars), according to the U.S.-based media research firm, Nielsen. Advertising spending rose by 17 percent over the same period last year, with television netting 83 percent, or 204 billion yuan, of the total spending. Advertising ...
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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