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German defense company sees sales grow t...
BERLIN, March 1 (Xinhua) -- German defense company Rheinmetall saw sales climb by 4.3 percent to 6.15 billion euros (7 billion U.S. dollars) in the 2018 fiscal year, the company announced on Friday b
German central bank to transfer more pro...
BERLIN, Feb. 27 (Xinhua) -- Bundesbank, the German central bank, will transfer 2.4 billion euros of its profits made in 2018 to the governmental budget, a significant increase compared with 1.9 billi
China's courier sector sustains growth
China's courier sector continued to expand, raking in 94.7 billion yuan (about 14.1 billion U.S. dollars) of revenue from January to February, up 20.3 percent year on year. The volume of parcels deli
Tianjin port sees goods trade up 9 pct i...
TIANJIN, March 7 (Xinhua) -- Goods trade via the northern Chinese port city of Tianjin rose 8.9 percent year-on-year in January with the help of booming trade with the European Union. Goods trade tot
Vietnam posts bigger export, import in J...
HANOI, Feb. 28 (Xinhua) -- Vietnam made export turnovers of roughly 36.7 billion U.S. dollars in the first two months of this year, up 5.9 percent year-on-year, and import turnovers of nearly 36.8 bi
Local gov't bond issuance going down in ...
Local governments raised 364.2 billion yuan (about 54.36 billion U.S. dollars) through bond issuance in February, down from 418 billion yuan in January, data showed Wednesday. In the first two months
China's online home appliance market exp...
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. dollars), official data sh
Cross-border fintech startup Airwallex r...
Australia-based Airwallex is the tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its busi
Germany reduces public debt by 53 bln eu...
BERLIN, March 26 (Xinhua) -- At the end of the fourth quarter of 2018, Germany's public debt was 53 billion euros (60 billion U.S. dollars) less than in the same period in 2017, representing a decrea
China reports 1st forex settlement surpl...
China's commercial banks saw a net forex settlement surplus of 81.8 billion yuan (around 12.1 billion U.S. dollars) in January, official data showed. This marks the first surplus in seven months, com
Central gov't arranges 189 projects wort...
The central government has arranged 189 projects worth 657.6 billion yuan (around 97.8 billion U.S. dollars) in Tibet Autonomous Region since 2016 when the State Council issued a document on support
Austria achieves first budget surplus si...
VIENNA, March 28 (Xinhua) -- Austria has achieved budget surplus for the first time since 1974 last year thanks to increased tax revenues resulting from booming economy, Statistics Austria revealed i
Non-resident capital flows into China to...
WASHINGTON, April 5 (Xinhua) -- Non-resident capital flows into China reached 485 billion U.S. dollars in 2018, and are expected to grow by 90 billion dollars, or 18.6 percent in 2019, new data from
German industry fears billions in damage...
BERLIN, Feb. 26 (Xinhua) -- The German industry fears that a disorderly Brexit would cost Germany around 17 billion euros (19.3 billion U.S. dollars), the Federation of German Industries (BDI) announ
China, CEEC see steady trade growth
China and Central and Eastern European Countries (CEEC) saw steady trade growth last year as cooperation between the two sides strengthened. Bilateral trade reached 82.23 billion U.S. dollars last ye
Croatian gov't rejects restructuring pla...
ZAGREB, March 28 (Xinhua) -- The Croatian government rejected on Thursday a proposed restructuring plan for the country's biggest shipbuilding group Uljanik, which pushed the company on the brink of
Brazilian officials freeze another 1.325...
RIO DE JANEIRO, Jan. 27 (Xinhua) -- Brazilian judicial officials in southeast Minas Gerais state on Sunday froze another 5 billion reals (1.325 billion U.S. dollars) in bank accounts belonging to min
Tibet's GDP grows by 191 times from 1959...
BEIJING, March 27 (Xinhua) -- Tibet's 2018 GDP reached 147.76 billion yuan (22 billion U.S. dollars), about 191 times more than the 1959 figure calculated at comparable prices, said a white paper rel
Tourism of Australia's Tasmania reaches ...
SYDNEY, March 15 (Xinhua) -- Nestled away on the southeast tip of Australia, the island State of Tasmania is enjoying a massive surge in visitor numbers. New figures released on Friday from the Tasma
Tech giant Xiaomi revenue up 52.6 percen...
BEIJING, March 19 (Xinhua) -- Xiaomi said Tuesday that its 2018 revenue reached 174.9 billion yuan (26 billion U.S. dollars), marking a 52.6-percent increase as the Chinese tech firm achieved robust
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