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S&P Global to access China's credit rati...
China has allowed SP Global Inc. to enter its credit rating market, the central bank announced Monday, as part of the country's latest efforts to open up its financial sector. The Operations Office
Tech stocks help lift Aussie share marke...
SYDNEY, Feb. 19 (Xinhua) -- The Australian share market was higher on Tuesday, with a surge in information technology and strong lift in financials supporting an otherwise mixed index. At 11:00 (AEST
China's online home appliance market exp...
BEIJING, Feb. 25 (Xinhua) -- The size of China's online B2C home appliance market continued steady expansion last year by growing 17.5 percent year on year to 576.5 billion yuan (about 86 billion U.S
Zimbabwe largest mobile network firm adj...
HARARE, Feb. 26 (Xinhua) -- Zimbabwe's largest mobile network services provider Econet Wireless on Tuesday announced an adjustment in tariffs for roaming and international calling services to reflect
Feature: Brazil's wine sector eyes Chine...
by Pablo Giuliano SAO PAULO, Feb. 26 (Xinhua) -- Brazilian wine producers have set their sights on gaining a larger share of China's consumer market. To that end, the wine sector and government of th
Full of beans? Tim Hortons enters compet...
Canadian coffee chain Tim Hortons opened its first store in Shanghai on Tuesday, entering a crowded market with competition from rivals Starbucks, Costa and Chinese startup Luckin Coffee. With more t
China's high-end smartphone market grows...
BEIJING, Feb. 27 (Xinhua) -- China's high-end smartphone market is maintaining rapid expansion, a recent report has said. The average price of a smartphone on the Chinese market stood at 2,523 yuan (
Lego CEO: China and Lego make the best m...
The toymaker Lego released its report showing the company jumped out of the bearish toy market and see revenue rose four percent to over 5.5 billion U.S. dollars in 2018. Lego's CEO, Niels Christians
Fiat Chrysler reports February sales dro...
CHICAGO, March 1 (Xinhua) -- Fiat Chrysler Automobiles (FCA) reported on Friday a 2.3-percent decline in overall U.S. February sales due to a soft market. The Italian-American automaker said it deliv
Wealth products become key investor in C...
BEIJING, March 2 (Xinhua) -- China's wealth management products have become an important investor in the country's financial market, according to a statement on the website of the China Banking and I
China's central bank drains liquidity fr...
BEIJING, March 6 (Xinhua) -- The People's Bank of China (PBOC) suspended open market operations on Wednesday, citing abundant liquidity in the banking system. Reverse repos worth 60 billion yuan (8.9
China to open bond market wider to overs...
China will continue to push for wider opening up of the bond market to overseas investors and create a sound market environment, an official said Sunday. Over the past two years, China's bond market
Crude oil undersupply likely in H2 2019:...
The crude oil market will likely be undersupplied in the second half of this year, creating opportunities for investors, said the latest report by global wealth management and investment banking comp
Spotlight: Experts say further opening u...
WASHINGTON, March 13 (Xinhua) -- The further opening up of China's bond market has great potential and will bring significant benefits to the country and the world, experts said Wednesday. "Most like
Experts say further opening up of China'...
The further opening up of China's bond market has great potential and will bring significant benefits to the country and the world, experts said Wednesday. "Most likely over the next decade, we woul
UK asks competition watchdog to put adte...
The UK government has written to the country’s competition authority to ask the watchdog to respond to concerns about the lack of transparency in the digital advertising market and carry out a f
Robust consumption in China to facilitat...
BEIJING, March 16 (Xinhua) -- A robust consumer market at the beginning of the year will provide a firm footing for stable economic growth in the first quarter, the Ministry of Commerce has said. The
U.S. Fed leaves rates unchanged, plans t...
WASHINGTON, March 20 (Xinhua) -- The U.S. Federal Reserve on Wednesday left interest rates unchanged after concluding a two-day policy meeting, in a move that met market expectations and reflected th
Aussie share market sees 2nd worst day o...
SYDNEY, March 25 (Xinhua) -- The Australian share market closed sharply lower on Monday, with broad-based loses across the index. At the close of trade, the benchmark SP/ASX 200 index was down 69.00
L'Oreal achieves 33 pct growth in China:...
French cosmetic giant L'Oreal achieved a 14-year-record-high growth of 33 percent in the Chinese market in 2018, according to Jean-Paul Agon, chairman and chief executive officer of L'Oreal. As Chin
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