- Xinhuanet's IPO Approved
Chinese government yesterday has approved the initial public offering of Xinhuanet.com.cn, one of the ten official websites that plan to go public.
- OECD Economies Expand 0.7Pct Q2
The economies in the OECD region have expanded slightly by 0.7 percent in the June quarter from the previous quarter, the same rate as the first three months this year.
- Everbright Bank Soars on Debut in Shanghai
China Everbright Bank soared on its Shanghai stock market debut Wednesday in the mainland’s second-largest initial public offering that hopes to raise 18.9 billion yuan.
- China Angang Steel H1 Net Profit Rises 276Pct
China’s leading steelmaker Angang Steel Co., (000898.SZ/00347.HK) said Tuesday its net profit for the first half year rose 275.94 percent to 2.75 billion yuan from a year earlier
- An Age of Diminished Expectations?
Policymakers must remember that whether or not the US and Europe avoid a lost decade depends on their ability to retain productive vitality in their economies, not simply on short-term demand-stimulation measures.
- The Crisis Down Under
It is two-faced to claim to care about the future and then fail to ensure that the country is adequately compensated for the depletion of its resources, or ignore the degradation of the environment.
- Rich Country, Poor People?
Controversies regarding this question are triggered again after the Ministry of Finance Wednesday issued glamorous statistics showing that China's fiscal revenue for the first seven months surged 25.7percent.