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Financial information China's building materials sector expands in H1
Official data show that the output of China's building materials sector expanded steadily in the first half of this year. According to the Ministry of Industry and Information Technology (MIIT), output of the building materials industry i……
Financial information Australian analyst on China's economic performance
James Laurenceson, acting director of the Australia-China Relations Institute at the University of Technology Sydney, made the remarks in an recent interview with CNC. JAMES LAURENCESON, University of Technology Sydney "I think it's……
Financial information EU fines chipmaker qualcomm for "predatory pricing"
EU Competition Commissioner Margrethe Vestager on Thursday said Qualcomm had abused its dominant global market position and sold its baseband chipsets "at a price below cost to key customers with the intention of eliminating a competitor.……
Financial information S Korea lowers policy rate amid worry about trade row with J
Bank of Korea cut its benchmark seven-day repurchase rate by 25 basis points to 1.5 percent on Thursday. It was not in line with market expectations. It marked the first rate cut in around three years since June 2016. The central……
Financial information Chinese streaming platform debuts on nasdaq
The company, trading under the ticker symbol of "DOYU," priced its initial public offering of 67,387,110 "American depositary shares" at 11.50 U.S. dollars per share for a total offering size of approximately 775 million dollars. The c……
Financial information Amazon under eu antitrust investigation over data use
The formal investigation will assess whether Amazon's use of sensitive data from third-party retailers who sell on its marketplace is in breach of bloc's competition rules. EU regulators will check whether the U.S. online giant uses data……
Financial information IMF to start selecting new leader
International Monetary Fund (IMF) Executive Board has said that it will initiate promptly the process of selecting the next managing director. The move came after Christine Lagarde announced her resignation from the IMF position with e……
Financial information New Zealanders' awareness of BRI is rising
According to the survey, which was completed by 2,000 New Zealanders in late 2018, 44 percent of New Zealanders have heard of China's Belt and Road Initiative, up 8 percentage points from last year. Most people said they felt neutral o……
Financial information China's listed firms achieve steady performance
According to leading information service provider Wind, over 1,780 Chinese-listed firms recently disclosed their latest H1 financial reports. More than half said they expect rising net profits or to turn losses into gains. Busines……
Financial information China's non-financial ODI up 0.1 pct in H1
According to the Ministry of Commerce (MOC) on Tuesday, non-financial ODI in 151 countries and regions amounted to 346.8 billion yuan, or about 50.4 billion U.S. dollars, in the period, up 0.1 percent year on year. In June alone, the ODI……