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Roundup: S.Korea to spend 12 bln USD in ...
SEOUL, Feb. 7 (Xinhua) -- South Korea's government said on Thursday that it will spend 13.2 trillion won (around 12 billion U.S. dollars) in border areas with the Democratic People's Republic of Kore
Spanish fashion retailer Inditex reports...
MADRID, March 13 (Xinhua) -- The Spanish-based Inditex clothing group, which includes the famous high-street brand Zara, on Wednesday reported a 2-percent rise in its full year profits for 2018. Alth
BMW lowers dividend as profits decline i...
BERLIN, March 15 (Xinhua) -- BMW is planning to cut its dividend for common stocks from 4 euros to 3.5 euros after net profits declined by 16.9 percent to 7.2 billion euros (8.2 billion U.S. dollars)
U.S. trade deficit in goods rises in Dec...
WASHINGTON, Feb. 27 (Xinhua) -- The U.S. trade deficit in goods rose 12.8 percent in December, after dropping in the previous month, according to an advanced estimate from the U.S. Census Bureau rele
ZTE reports revenue decline in 2018
SHENZHEN, March 28 (Xinhua) -- Chinese telecommunications company ZTE reported full-year operating revenue of 85.51 billion yuan (12.7 billion U.S. dollars) last year. It marked a yearly decrease of
Green bonds could help finance Germany's...
BERLIN, March 5 (Xinhua) -- Green bonds could help finance the investment costs of Germany's energy transition, Berlin-based rating agency Scope Ratings announced on Tuesday.Germany's electricity gri
U.S. trade deficit soars to 10-year high...
U.S. trade deficit soared to 621 billion U.S. dollars in 2018, the highest in a decade, data released Wednesday by the U.S. Department of Commerce showed. The 68.8-billion-dollar annual increase, or
U.S. budget deficit reaches record 234 b...
WASHINGTON, March 22 (Xinhua) -- The U.S. federal budget deficit reached 234 billion U.S. dollars in February, the biggest budget deficit on record for the month, the Treasury Department said Friday.
India targets 75 bln USD exports in gems...
MUMBAI, March 6 (Xinhua) -- India would achieve an export target of 75 billion U.S. dollars in gems and jewellery by 2025, Union Minister for Commerce and Industry Suresh Prabhu said on late Tuesday.
Social e-commerce giant Pinduoduo report...
BEIJING, March 14 (Xinhua) -- China's social e-commerce giant Pinduoduo reported a soaring revenue growth in 2018 over Chinese consumers' growing appetite for online interactive shopping. Pinduoduo's
Australian universities increasingly rel...
CANBERRA, March 6 (Xinhua) -- Australian universities' revenue grew in 2017 on the back of strong international student numbers, data has revealed. The latest financial report of Higher Education Pro
China Int'l Marine Containers sees 35 pc...
SHENZHEN, March 28 (Xinhua) -- China International Marine Containers (Group) Co., Ltd. (CIMC) posted a 34.7 percent annual growth in net profit for 2018. In its 2018 financial results filed to the Sh
China's postal sector sees growth in Jan...
China's postal sector made over 85.34 billion yuan (about 12.62 billion U.S. dollars) in revenue in January, up 21 percent year on year, official data showed. The business volume of the sector total
China's outbound direct investment remai...
BEIJING, March 21 (Xinhua) -- China's non-financial outbound direct investment (ODI) in 1,416 overseas companies in 138 countries and regions stood at 15.66 billion U.S. dollars in the first two mont
Greece raises 1.29 bln USD in treasury b...
ATHENS, Feb. 27 (Xinhua) -- Greece raised 1.14 billion euros (1.29 billion U.S. dollars) on Wednesday in a 26-week treasury bills auction, the country's Public Debt Management Agency (PDMA) announced
Hainan sets up multi-billion-yuan fund f...
Southern China's island province of Hainan has launched a 3 billion yuan (449 million U.S. dollars) fund for free trade zone (FTZ) construction, local authorities said Sunday. The municipal governme
China invests over 478 billion USD in tr...
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 infrastructure construction, offi
Local gov't bond issuance going down in ...
BEIJING, March 20 (Xinhua) -- 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 Wedn
China's online advertising market expand...
BEIJING, March 17 (Xinhua) -- China's internet advertising market expanded to the size of 371.7 billion yuan (about 55.48 billion U.S. dollars) last year, up 25.7 percent year on year, according to t
China Mobile posts slower profit growth
BEIJING, March 21 (Xinhua) -- China Mobile, the country's largest mobile operator, reported slower growth in net profits last year, company data showed Thursday. The company said in a statement its p
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