Falling sales: A convergence of challenges
2011-06-20 16:59:05
While May's 1.4 percent drop in light vehicle sales - the first fall in 27 months - might look discouraging, the market is not overly pessimistic as it sees the rationale behind the decline.
China's stocks fall to nine-month low
2011-06-20 16:58:42
Chinese shares fell to the lowest level in almost nine months on Monday, with the benchmark Shanghai Composite Index down 0.82 percent, or 21.57 points, to close at 2,621.25.
Getting an edge by combining analysis methods
2011-06-20 16:56:27
A few days ago I spoke at a conference with economist Dr Nouriel Roubini, who is widely credited with predicting the global financial crisis and the 2008 market collapse. He outlined three possible global economic scenarios.
Suning plans to add 200 stores a year
2011-06-20 16:05:13
Suning Appliance, China's biggest home appliance retailer, aims to add 200 stores a year to its existing franchise network over the next ten years, the Securities Times reported Sunday, citing company chairman Zhang Jindong.
Chinese traditional medicine prices soar
2011-06-20 15:56:59
Chinese traditional medicine (TCM) prices have risen sharply since the first half of 2009, Beijing Times reported Monday.
China might cut luxury import taxes
2011-06-20 15:56:14
The import tariffs on high-end goods might be reduced by 2 percent to 15 percent, and the decision "will be finalized soon," the Guangzhou Daily reported Monday.
Softbank to end dispute with Alipay soon
2011-06-20 15:49:20
Softbank Corp Chairman Masayoshi Son said he expects to reach an agreement "soon" on its dispute over Alibaba Group Holding Ltd's sale of the Alipay online-payment unit.
Wind turbine makers in China captivated
2011-06-20 15:47:28
The country's leading wind turbine makers are vying with each other to push forward big-capacity wind turbines in a bid to win a slice of China's offshore wind power development.
GE, MIT collaborate on smart ultrasound technology development
2011-06-20 15:40:48
Supporting its quest through healthymagination to reach more patients with better health care globally, GE has joined with the Massachusetts Institute of Technology (MIT) to create a Medical Electronic Device Realization Center (MEDRC) at MIT.
Australia's economy buoyed by growth outlook in China, India
2011-06-20 15:39:44
Australia's economic outlook is strong because robust growth in the Asia region led by India and China continues to drive demand for commodities, according to Treasurer Wayne Swan.
Body painting attracts shoppers
2011-06-20 14:51:04
Artists demonstrate body painting on female models June 19 at a shopping mall in Weifang in eastern Shandong province. The shopping mall held the body painting show to attract consumers.
Dairy firms blamed for poor milk
2011-06-20 13:41:09
China's dairy industry has the lowest quality standards in the world and much of the blame is down to the large companies that dominate it and the rock-bottom prices they pay farmers for raw milk, said industry experts.