Shanghai market's confidence rise
06-07-2010
- The thinking and behavior of investors gives shape to the bottom of the market and its recovery. Markets react more quickly to economic developments because they efficiently aggregate the changing emotions of millions of..
Malaysia hopes to draw FTA framework with GCC countries
06-04-2010
- Malaysia hopes to draw up a free trade agreement (FTA) framework with the Gulf Cooperation Council (GCC) countries by October this year, a Malaysian official said here on Thursday.
The economic ministers of the GCC coun..
Renault to recall Laguna III sedans in China
06-04-2010
- Renault, France's second-largest automaker, will recall 124 Laguna III vehicles in China from June 15 due to seat belt problems, China's quality watchdog said.
The recall affects some of its Laguna cars produced from No..
GM, Ford report record May sales in China
06-04-2010
- General Motors Co. and Ford Motor Co. reported double-digit growth in China sales in May and new monthly records.
GM said Thursday sales by the company and its local partners totaled 196,400 vehicles and those by its ma..
World Economic Forum on East Asia to focus on Asian leadership..
06-04-2010
- The upcoming 19th World Economic Forum (WEF) on East Asia will be under the theme "Rethinking Asia' s Leadership Role," organizers said here at a press conference on Thursday.
The conference, running from June 6 to 7 in..
Philippines' inflation rate decelerates to 4.3% in May
06-04-2010
- Philippines' inflation rate in May slowed down to 4.3 percent as a result of the lower electricity rates, data released by the country's National Statistics Office ( NSO) on Friday showed.
The May inflation is slower th..
Morgan Stanley optimistic about Russia's economic growth
06-04-2010
- Russia's economy is expected to be among the fastest-growing in the world this year despite trailing rivals in foreign investment, Morgan Stanley chairman said Thursday ahead of an International Economic Forum in St. Pet..
China to expand home appliance replacement scheme
06-04-2010
- China's Ministry of Commerce (MOC) announced Thursday it will expand the home appliance replacement scheme to 28 cities and provinces from the nine existing pilot areas.
The 19 new regions in the scheme will include Heb..
China to subsidize purchases of small-engine vehicles, efficie..
06-04-2010
- China plans to subsidize purchases of energy-saving vehicles and energy-efficient electric engines in a bid to further cut emissions, the country's top economic planner said Thursday.
Buyers of vehicles with engines sma..
Honda's parts plant resumes operation, salary negotiations und..
06-03-2010
- The parts plant of Japan's second-largest automaker, Honda, in south China's Guangdong Province resumed operations Wednesday, but negotiations continued over workers' demands for higher pay.
Workers of Nanhai Honda Auto..