Chilean president calls for confidence on economic recovery
08-26-2009
- Chilean President Michelle Bachelet on Monday urged micro, small and medium entrepreneurs to have confidence on the country's economic recovery, citing positive signs in the production sector.
In a speech at the openin..
Wall Street rises on upbeat economic data
08-26-2009
- Wall Street rose moderately higher Tuesday, as better-than-expected consumer confidence and home prices boosted the market.
The Conference Board's Consumer Confidence index rose to 54.1 in August from 46.6 in July, the..
Gold rises slightly on weak dollar, paring gains as oil plunge..
08-26-2009
- Gold futures on the COMEX Division of the New York Mercantile Exchange ended higher on Tuesday as dollar went down, but gains were limited by falling oil. Silver was up, but platinum inched down.
Gold price for Decembe..
China Telecom to buy 4 mln 3G phones
08-26-2009
- China Telecom has placed a 4-million 3G handset order with dozens of domestic mobile phone makers, the biggest such order ever in China, reported Tuesday's China Daily.
The multi-billion yuan order, which includes 63 d..
Hong Kong's export decline widens in July
08-26-2009
- The value of Hong Kong's goods exports in July fell 19.9 percent year on year, and imports fell 17.8 percent, the Hong Kong Special Administrative Region (HKSAR) government said Tuesday.
A spokesman for the Census and ..
Interview: Chinese economic model works well, European experts..
08-26-2009
- Two European experts say China's economic model has worked well and has contributed to phenomenal growth and improvements in the social sector.
Stanley Crossick, a senior researcher at the Brussles Institute of Contemp..
China to extend anti-dumping measures on catechol from EU
08-26-2009
- China will continue to levy anti-dumping duties over the next five years on catechol, a chemical used for medicines and paints, from the European Union, said the Ministry of Commerce Tuesday.
The levy was first imposed..
China stresses economic restructuring in promoting growth
08-26-2009
- China needs to stress economic restructuring while aiming at higher economic growth, according to a report submitted Tuesday to China's law makers.
The report was delivered by Zhang Ping, Minister of the National Devel..
eBay bidder wins auction for resting place next to Marilyn Mon..
08-25-2009
- An eBay buyer Monday won the auction for the crypt above late Hollywood actress Marilyn Monroe's resting place in a Los Angeles cemetery for a price over 4.6 million U.S. dollars.
The crypt in the Pierce Brothers Westw..
Eurozone industrial new orders in June see 3.1% increase
08-25-2009
- Eurozone industrial new orders in June registered an increase of 3.1 percent compared with the previous month, the first monthly increase this year, according to data released by the European Union statistic bureau Euros..