The U.S. dollar traded at the lower 108 level early Wednesday in Tokyo. At 9 a.m., the dollar traded at 108.06-09 yen against Tuesday's 5 p.m. quotes of 108.05-15 yen in New York and 107.55-58 yen in Tokyo. The euro was quoted at 1.5588-5593 dollars and 168.45-50 yen against late Tuesday's quotes of 1.5584-5594 dollars and 168.42-52 yen in New ...
The Hang Seng China Enterprises Index went down 251.81 points, or 2.03 percent, to close at 12,148. 04 on Tuesday. 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 Exchange. Hang Seng China H-Financials Index al...
The World Bank (WB) will provide Vietnam with a preferential credit of 150 million U.S. dollars, mainly helping the country develop business, foster social inclusion and better manage natural resources. Under an agreement signed in Hanoi Tuesday by representative of the WB in Vietnam and the State Bank of Vietnam, the credit will be used to fund a pov...
The Chinese delegation on Monday dismissed as groundless the accusations made by some developed countries regarding China's position in the ongoing Doha Round of trade talks in Geneva. The rebuttal came after some major developed countries said the current deadlock should be attributed to China's demand for sheltering sensitive agriculture goods like ...
A report on business operations released on Tuesday showed that Australia's business conditions have slumped to the lowest level since the terrorist attacks on Sept. 11, 2001, and suggests domestic economic growth will go slow markedly. The latest quarterly business summary from the National Australia Bank (NAB) said that global financial market volat...
In a fresh bid to attract more quality overseas enterprises, the municipal government of Shanghai has announced new regulations to encourage more multinationals to set up their regional headquarters in the city. According to the new rules, once a newly registered company, whether focused on investment or management, identifies Shanghai for its regional...
Negotiators from over 30 major members of the World Trade Organization (WTO) started their second week of bargaining Monday in a bid to salvage a global trade pact, but no deadline is in sight. For this meeting now, we do not have a deadline," WTO spokesman Keith Rockwell told reporters at a briefing, after the past full week of painstaking negotiatio...
The World Trade Organization (WTO) Director-General Pascal Lamy is tabling a new compromised text today to push for a deal on global trade talks, his spokesman said Monday. We are going to put out the text because there has been an enormous amount of convergence in recent days in a large number of areas, WTO spokesman Keith Rockwell told reporters at ...
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