Date
15 October 2018

World

  • HK media mogul Run Run Shaw dies at 107, statement says

    Jan 7, 2014 11:53am
    Hong Kong media mogul and philanthropist Sir Run Run Shaw {邵逸夫} passed away Tuesday morning at the age of 107, Television Broadcasts Ltd. (TVB, 00511.HK) said. He died in his home at 6:55 a.m., according to a...
  • US duties on Chinese tires remain in place, govt says

    Jan 7, 2014 11:43am
    The US International Trade Commission (USITC) ruled on Monday that the existing antidumping and countervailing duty orders on certain off-the-road tires from China will remain in force, according to information posted on the Chinese government portal...
  • China destroys 6.1 tons of confiscated ivory, paper says

    Jan 7, 2014 10:10am
    China’s State Forestry Administration and the General Administration of Customs (GAC) have on Monday destroyed 6.1 tons of confiscated ivory at a ceremony in Guangzhou, the first time the country has destroyed the stockpile, People’s Daily...
  • Most elevators in Shanghai fail safety tests, paper says

    Jan 7, 2014 9:34am
    At least 616 old elevators in downtown residential buildings in Shanghai have failed to pass safety evaluation tests, the Shanghai Daily reported Tuesday, citing the city’s municipal bureau of quality and technical supervision. Most of the...
  • Govt to issue rules on arable land in 1H, paper says

    Jan 7, 2014 9:08am
    China is set to unveil rules aimed at maintaining an adequate level of arable land in the first half at the earliest, the China Securities Journal reported Tuesday, citing an unnamed source. As part of the...
  • China issues 10 bln yuan treasury bonds, Xinhua says

    Jan 7, 2014 8:23am
    China’s Ministry of Finance has issued 10 billion yuan (US$1.64 billion) of five-year book-entry treasury bonds, the first such issuance for the year, Xinhua news agency reported Monday, citing a statement on the ministry’s website. The interest rate...
  • China rejected 601,000 tons of GM corn in 2013, Xinhua says

    Jan 7, 2014 8:10am
    China rejected 601,000 tons of unapproved genetically modified corn imports in 2013, Xinhua news agency reported Monday, citing the nation’s quality watchdog. Last year, authorities seized imports containing 4,509 kinds of harmful organisms and effectively controlled the...
  • Nine-month M2 up 14.2% on year, Yicai says

    Jan 7, 2014 7:58am
    China’s M2, the broadest measure of money supply, rose 14.2 percent year on year in the nine months to September, news website yicai.com reported Monday, citing figures from the National Development and Reform Commission. The growth...
  • China to subsidize low-toxicity pesticide, paper says

    Jan 7, 2014 7:42am
    The government will provide subsidies to farmers that use pesticide with low toxicity and low residue content, Shanghai Securities News reported Tuesday, citing a source from the Ministry of Agriculture. The subsidies will be offered under...
  • Images of fake 1,000 yuan and 500 yuan notes flooded Chinese social media site recently.

    Who needs 1,000 yuan notes?

    - Jan 7, 2014 6:45am
    Images of “new” 500 and 1,000 yuan bills flooded social media sites recently, eliciting enthusiastic responses from Chinese netizens. “Finally, it has arrived!” people remarked on the popular Twitter-like microblog Weibo.com. A closer look, however, will...
  • Foreign banks may double China footprint in 2016, E&Y says

    Jan 6, 2014 6:34pm
    The market share of foreign banks in China might double to about 4 percent in 2016, Kelvin Leung, Greater China banking and capital markets leader for Ernst & Young, said Monday. The accounting firm surveyed CEOs...
  • RMB to appreciate 3% this year, BEA says

    Jan 6, 2014 3:01pm
    The renminbi is likely to strengthen 3 percent against the US dollar in 2014 as the central government steps up currency reform, Bank of East Asia Ltd. (BEA) (00023.HK) said. The Chinese unit is expected to break...
  • GDP must be above 7% to create 12 mln jobs, website says

    Jan 6, 2014 12:44pm
    China will have to maintain the gross domestic product growth above 7 percent this year to create up to 12 million jobs and keep the unemployment rate within 4.6 percent, news website Caijing.com reported Monday, citing...
  • Fewer candidates take graduate entrance test, paper says

    Jan 6, 2014 12:42pm
    The number of candidates sitting the national graduate school entrance exam has dropped for the first time in five years, possibly due to the end of free postgraduate courses, China Daily reported Monday. The Ministry of Education said 1.72...
  • China disciplinary bodies spent less in 2013, Xinhua says

    Jan 6, 2014 10:03am
    China’s disciplinary and supervisory organs spent significantly less in 2013 amid the nation’s anti-extravagance drive, Xinhua news agency reported on Sunday. Money spent on receptions, meetings and printing decreased by 61 percent, 59 percent and 13 percent...
  • 357 businessmen found involved in crimes in 2013, magazine says

    Jan 6, 2014 9:00am
    A total of 357 businessmen, 75 percent of which are in private sector, were found involved in various crimes in 2013, Legal Daily’s Faren Magazine reported Sunday, citing a survey on business crimes jointly conducted by...
  • Qianhai gets some administrative approval rights, paper says

    Jan 6, 2014 8:59am
    Shenzhen’s Qianhai special financial zone has been granted nine administrative approval rights that were previously in the hands of provincial-level authorities, China Business News reported Monday, citing Wang Jinxia, liaison director of the zone. The move...
  • China acts on back wages of migrant workers, Xinhua says

    Jan 6, 2014 8:52am
    China will take action to ensure migrant workers get their wages in time for the upcoming Spring Festival, Xinhua news agency reported Sunday, citing the Ministry of Human Resources and Social Security. The ministry, joining hands...
  • Big four December new loans hit 180 bln yuan, paper says

    Jan 6, 2014 8:22am
    China’s big four state-owned banks — Industrial & Commercial Bank of China Ltd. (ICBC) (01398.HK, 601398.CN), Agricultural Bank of China Ltd. (01288.HK, 601288.CN), Bank of China Ltd. (03988.HK, 601988.CN) and China Construction Bank Corp. (00939.HK, 601939.CN)...
  • Major corruption prosecutions up last year, paper says

    Jan 6, 2014 8:08am
    China’s procuratorial authorities investigated 27,236 embezzlement and bribery cases between January and November last year, sentencing 36,907 people, China Daily reported Monday, citing a statement from the Supreme People’s Procuratorate the previous day. Of those cases, 80...

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