China to Extend Resources Tax to Cover Entire Nation: Official
China plans to extend a tax on oil, natural gas and coal output to the entire nation; the rate may vary across commodities.
Eurozone Economy Continues Weak Growth in Q1
The economies in the 16-member eurozone grew 0.2 percent from quarter-to-quarter, while the GDP in the eurozone countries rose 0.6 percent compared to the same period in 2009.
Housing Prices May Decline in China: Standard Chartered
China's leading cities could see prices plummet 20 percent to 30 percent, while the second and third tier cities could see declines of 10 percent to 20 percent.
Asia Continues to Dominate Q2 IPO Listing: E&Y Report
A robust Asian market will continue to drive the global IPO activities in the second quarter of this year amid the turbulence in the world's stock market.
Chang'an to Sign JV Deal with PSA on June 9
Chang'an Automobile, one of China's biggest car makers said it will ink a deal on Friday with PSA Peugeot Citroen in France to set up a 50-50 joint venture.
Greece on Track to Meet Deficit Targets
Greek Finance Minister George Papaconstantinou said on Monday his country is on track to meet its 2010 deficit targets.
China IPOs Seen Hitting Record High in 2010: PwC
The first-half year saw176 IPOs raising a record high of 217.2 billion yuan, much higher than a total 187.9 billion yuan in the whole year of 2009.
Obama Commits 1.85Bln to Solar Firms
The U.S. President Barack Obama said on Saturday his administration is awarding nearly 2 billion U.S. dollars in new investments to two solar companies for new jobs.
EC Approves 10M Euros Investment in China's Greenstar
The European Commission said on Monday it has approved in principle to invest 10 million euros in China's first energy efficiency-focused private equity fund.
Australia Cuts Resources Tax to 30Pct
Australian government on Friday cut the tax rate for iron ore and coal profits from 40 percent to 30 percent, a substantial concession to the mining firms.
China's GDP to Grow 10.1Pct in 2010: CITIC Securities
China's annual gross domestic product will grow by 10.1 percent this year, despite a slight slip that may be seen in the next half year.
HSBC China June PMI Slips to 50.4
HSBC China June PMI slipped to 50.4 from 52.7 in May as new output and new orders dropped outright for the first time since the depths of the global downturn in March 2009.
Chinese SMEs Have Recovered From the Worst Recession: MIIT
China's small-and medium-sized enterprises have recovered from the worst recession in global financial crisis.
EU Fines Steel Makers 518Mln Euros for Cartel
The producers of prestressing steel, including industry giant ArcelorMittal, have been operating the price-fixing and market-sharing cartel between 1984 and 2002 in all EU member states excluding Britain, Ireland and Greece.
IMF Considers putting yuan into the Basket of Currencies
IMF chief said he is considering to put the Chinese yuan into the basket of currencies that make up the Fund's SDR.
Downtrend Seen in China's Summer Grain Output
China's summer grain output has slightly declined, ending six years' consecutive bumper harvest.
European Businesses in China Concerned About Regulatory Environment
"Uncertainty about the future of the regulatory environment undermines positive market growth outlook among European companies."
Mainland China, Taiwan Sign Historic Trade Pct
Chinese mainland and Taiwan negotiators have signed the long-awaited Economic Cooperation Framework Agreement (ECFA) in Chongqing on Tuesday.
Google Stops Redirecting Chinese Search Traffic to .hk Site
Google has stopped redirecting Chinese search traffic to .hk site, and started to take them to a landing page on that links to .hk.
CITIC Securities Manager Flees Overseas After Being Suspected of Insider Trading
Xie Fenghua, executive general manager of the Investment Banking Department at Citic Securities, has fled overseas after being suspected of insider trading.
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