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Market News |
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| Members will be notified by email immediately of any Chinese industry specific updates, either government or business, that potentially affect either directly or indirectly, their business operations in China
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Air France-KLM, Air One confirm offers for Alitalia |
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2007/12/18 10:53 (Beijing - China) |
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| Air France-KLM and Italy's second Airline company Air One gave details on Monday of their rival bids for Italian carrier Alitalia, Italian News Agency ANSA said.
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Brown outlines EU future priorities |
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2007/12/18 10:49 (Beijing - China) |
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| British Prime Minister Gordon Brown said on Monday that economic reform, climate change and security in Kosovo, Iran and Burma were the key challenges for the European Union (EU).
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Venezuelan FM welcomes Mercosur's backing for full membership |
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2007/12/18 10:42 (Beijing - China) |
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| Venezuelan Foreign Minister Nicolas Maduro on Monday welcomed the public support of the South American Common Market (Mercosur) for his country's accession as a full member. |
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Dollar rises against euro on inflation outlook |
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2007/12/18 10:40 (Beijing - China) |
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| The dollar rose against the euro on Monday, boosted by speculation that U.S. inflation may cause the Federal Reserve to be less aggressive in cutting interest rates next year. |
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WTO to investigate U.S. farm subsidies |
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2007/12/18 10:34 (Beijing - China) |
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| WTO established an expert panel on Monday to investigate and rule whether high-level U.S. farm subsidies violate WTO regulations, as alleged by Canada and Brazil. |
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Wall Street lowers on economic worries |
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2007/12/18 10:30 (Beijing - China) |
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| Wall Street extended last week's losses Monday, as market worries amounted after former Federal Reserve Chairman Alan Greenspan warned of a possible U.S. recession. |
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Microsoft sued for copyright violation in Philippines |
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2007/12/18 10:18
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| A Philippine college on Monday accused global software giant Microsoft Corp. of allegedly reproducing the school's copyrighted materials without consent. |
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legislator: Macao should diversify gaming-led economy |
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2007/12/18 10:14 (Beijing - China) |
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| Macao saw its economy unleashed by the booming gaming industry in the past eight years, but further development requires a more diversified economic pattern. |
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Danone dismisses legal grounds of Wahaha union request |
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2007/12/18 10:12 (Beijing - China) |
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| Groupe Danone said on Monday that requests brought by Wahaha's trade union in its latest lawsuit against the French food group had no legal ground.
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China scraps exports rebates for 84 agri-products |
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2007/12/18 10:06 (Beijing - China) |
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| China will scrap export rebates for 84 agricultural products as of Thursday in effort to discourage exports of farm produce in a nation where food prices drove inflation to an 11-year high in November. |
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ADB provides $100 mln loan to improve China's railway system |
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2007/12/18 10:02 (Beijing - China) |
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| The Asian Development Bank (ADB) is providing a 100 million U.S. dollars loan to help develop an efficient and effective emergency management system for China's railway system. |
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Nepal, China sign highway construction contract |
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2007/12/18 10:00 (Beijing - China) |
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| The Nepali government and China's Tibet Hongji Construction Industrial Group signed an agreement on implementation of the Chinese assisted project of Syafrubesi-Rasuwagadhi Highway in Nepal.
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Sinotruk secures overseas order for 10,000 heavy trucks for 2008 |
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2007/12/18 09:57 (Beijing - China) |
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| Sinotruk (3808, HK), China's largest heavy duty truck manufacturer, has secured a combined order for 10,000 heavy trucks from Russia and Vietnam.
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Union files case against Danone |
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2007/12/18 09:52 (Beijing - China) |
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| The trade union of Wahaha, Danone's partner in China, joined the dispute between the two companies yesterday by filing a lawsuit against the French food group. |
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Local fleets to grow for imported oil |
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2007/12/18 09:47 (Beijing - China) |
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| China's fast-expanding oil tanker fleet is expected to shoulder half of the transportation of imported oil by 2010. |
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China's accommodation and catering sales rise 21.6% in Nov. |
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2007/12/18 09:40 (Beijing - China) |
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| China's accommodation and catering sales rose 21.6 percent to 110 billion yuan (14.9 billion U.S. dollars) in November over the same period a year earlier.
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500 top innovative firms to add to nation's competitive edge |
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2007/12/17 11:34 (Beijing - China) |
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| The country will have 500 top innovative firms by the end of next year, sharpening its competitive edge in the international market. |
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Iraqi oil output reaches highest level in more than 3 years |
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2007/12/17 11:30 (Beijing - China) |
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| Iraq's oil output hit its highest level in about three years in November, reaching 2.32 million barrels per day. |
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Mercosur to sign free trade agreement with Israel
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2007/12/17 11:16 (Beijing - China) |
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| The South American Common Market (Mercosur) and Israel will sign a free trade agreement during the Mercosur summit this week. |
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Argentina's olive exports set new record |
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2007/12/17 11:12 (Beijing - China) |
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| Argentina's olive and olive oil exports set a new record of 148 million U.S. dollars in the first ten months of this year. |
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