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Reverse repos worth 770 bln yuan to matu...
Reverse repos worth 770 billion yuan (about 113.8 billion U.S. dollars) will mature in China in the coming week, the largest weekly amount in a year. On Wednesday, 350 billion yuan of reverse repos
Retail sales of consumer goods soaring i...
The retail sales of consumer goods in southwest China's Tibet Autonomous Region is expected to exceed 50 billion yuan (about 7.46 billion U.S. dollars) in 2018. The regional bureau of commerce said
Taiwan's exports continue to fall in Mar...
TAIPEI, April 8 (Xinhua) -- Taiwan's exports slumped for the fifth consecutive month in March as weakness in global demand weighed on its electronics products, according to the latest trade data. Exp
China Securities Co. reports profits dow...
China Securities Co. said on Tuesday that its net profits fell 23.11 percent year-on-year to 3.09 billion yuan (about 461 million U.S. dollars) in 2018, largely due to its sluggish wealth-management
GE to sell biopharma business to Danaher...
General Electric said on Monday it would sell its biopharma business to Danaher Corp. for 21.4 billion U.S. dollars in the biggest strategy reversal since Lawrence Culp took over as the industrial co
Power sector pushes U.S. natural gas con...
HOUSTON, March 25 (Xinhua) -- U.S. natural gas consumption increased by 10 percent in 2018, reaching a record high of 82.1 billion cubic feet (about 2.32 billion cubic meters) per day, according to t
Continental announced higher dividends a...
BERLIN, March 7 (Xinhua) -- Continental is planning to increase its dividend by 25 euro cents to a total of 4.75 euros per share after turnover increased by 0.9 percent to 44.4 billion euros (50.0 bi
Baidu sees robust 2018 revenue growth as...
Chinese artificial intelligence (AI) firm Baidu reported robust revenue growth for 2018 as the company applied AI technologies in more businesses. Baidu took in 102.3 billion yuan (14.88 billion U.S.
Xiaomi Q4 sees strong growth in overseas...
Xiaomi, the Chinese company known for its cheap handsets and a vision to drive revenues by selling internet services, has come in ahead of analysts’ estimates in its fourth-quarter profit altho
China's express delivery sector expands ...
BEIJING, March 30 (Xinhua) -- China's express delivery sector saw fast growth in February, with double-digit increases in business revenue and volume, official data showed. Delivery firms handled 2.7
Brazilian gov't presents social security...
RIO DE JANEIRO, March 20 (Xinhua) -- The Brazilian government on Wednesday presented to the Congress a bill for the reform of the social security system of the military. The reform will affect the pe
NVIDIA to buy supercomputer chipmaker Me...
After several days of speculation, today NVIDIA confirmed that it would acquire chipmaker Mellanox for $6.9 billion in an all share-deal, in an ongoing consolidation of chipmakers — and in this
Tencent net profit exceeds 77 bln yuan l...
SHENZHEN, March 21 (Xinhua) -- Chinese tech conglomerate Tencent announced Thursday that it registered a net profit of about 77.47 billion yuan (about 11.58 billion U.S. dollars) in 2018. The tech gi
Volkswagen increases revenue, accelerate...
BERLIN, March 12 (Xinhua) -- The Volkswagen Group's annual sales revenue increased by 2.7 percent to 235.8 billion euros (265.7 billion U.S. dollars) in 2018 despite problems with the introduction of
Azerbaijan spends nearly 2 bln dollars i...
BAKU, March 16 (Xinhua) -- Azerbaijan's prime minister said Friday that the country spent 3.3 billion manats (1.94 billion U.S. dollars) to improve its defense capacity last year, according to the st
German chemical giant BASF profits fall ...
BERLIN, Feb. 26 (Xinhua) -- German chemical giant BASF's net profits fell nearly 23 percent year on year to 4.7 billion euros (5.34 billion U.S. dollars) in 2018, while its turnover increased slightl
U.S. runs budget surplus of 8.7 bln USD ...
WASHINGTON, March 5 (Xinhua) -- The U.S. Treasury Department on Tuesday reported a budget surplus of 8.7 billion U.S. dollars in January, down 40.5 billion dollars, or 82 percent, from the same month
Jiangsu sees growing foreign trade in Ja...
NANJING, Feb. 25 (Xinhua) -- East China's Jiangsu Province saw its foreign trade rise 5.6 percent year on year to 370.7 billion yuan (55.4 billion U.S. dollars) in January, according to Nanjing Custo
China invests 479 bln USD in transport s...
BEIJING, March 2 (Xinhua) -- Fixed-asset investment (FAI) in China's transport sector totaled 3.2 trillion yuan (about 478.9 billion U.S. dollars) last year as the country continued to spend on infra
Commodity exchange of BiH, EU sees 7.4 p...
SARAJEVO, March 11 (Xinhua) -- The total commodity exchange of Bosnia and Herzegovina (BiH) in 2018 amounted to 31.17 billion convertible mark (KM)(17.92 billion U.S. dollars), 65.3 percent of which
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