World Lake Conference begins in central China lake city
11-02-2009
- The 13th World Lake Conference was kicked off Sunday in Wuhan, a city at the confluence of the Yangtze River and its tributary Hanjiang River in central China's Hubei Province.
More than 1,000 environmental experts, sc..
Brazil renews tax cut for household appliances
10-30-2009
- Brazil's Finance Minister Guido Mantega announced on Thursday that the cut of the Industrialized Products Tax (IPI) for household appliances would be renewed for another three months.
The current IPI cut for the sector..
Strong U.S. GDP data drives dollar lower
10-30-2009
- The dollar fell against most major currencies on Thursday as U.S. economic growth was stronger than expected in the third quarter.
Real gross domestic product (GDP) grew a 3.5 percent annual rate in the third quarter, ..
Japan's CPI down 2.3% in September
10-30-2009
- Japan's key consumer price index (CPI) fell 2.3 percent in September from a year earlier, the government said Friday.
The core nationwide CPI, which excludes volatile fresh food prices, stood at 100.2 against the base ..
HK special loan guarantee scheme extended to June 2010
10-30-2009
- The Hong Kong government Thursday announced that the application period for the Special Loan Guarantee Scheme would be extended for another six months to June 30, 2010.
So far, 46 participating lending institutions hav..
Twenty-two Chinese companies listed on Nsadaq this year
10-30-2009
- The Nasdaq OMX Group, Inc. has welcomed 22 companies from China to the Nasdaq Stock Market year- to-date in 2009, said the company on Wednesday.
The 22 listed Chinese companies, include eight IPOs, 13 OTCBB upgrades, a..
U.S. new home sales drop 3.6% in September
10-29-2009
- U.S. new home sales dropped unexpectedly in September as the government's tax credit for first-time home buyers is about to expire, according to official data released Wednesday.
The Commerce Department said sales decr..
Turkey's economic outlook positive but recovery weak
10-29-2009
- Recent economic indicators have reinforced a positive outlook for Turkey's economy, which is struggling out of the mire of the global financial crisis, but the road of recovery is expected to be long and winding in the c..
Indonesia looked strongest in region by 2014
10-29-2009
- Indonesia is estimated to become the strongest economy in Southeast Asia region in terms of U.S. dollars currency in the next five years, following China and India in greater Asia region, according to an IMF (Internation..
No trigger for large rate rise from CPI, Australian economists..
10-29-2009
- The Reserve Bank of Australia (RBA) is unlikely to raise the cash rate by 50 basis points when it holds its board meeting next Tuesday, according to market economists.
Australian Associated Press reports Wednesday howe..