More High-priced Land Snapped Up for Profit
Seven plots of land in Beijing were sold at "heavenly price" on Wednesday to subsidiaries of big SOEs.
 
China's SOEs See Big Profit Jump in Jan-Feb
China's state-owned enterprises (SOEs) profited 250.32 billion yuan (36.7 billion U.S. dollars) in total in the first two months of this year, the Ministry of Finance said Thursday.
China's Economy to Grow 9.5 pct in 2010: WB Forecast
China's economy would expand 9.5 percent in 2010, fuelled by a transformed growth model featuring less government-led investment, recovered exports and solid consumption, the World Bank said Wednesday.
 
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Boeing Supports Safety Checks on 737s
Boeing said Wednesday it supports the FAA's rule which requires 737 operators to inspect the elevator tab control mechanism in response to China's safety checks on more than 400 aircraft made by the U.S. giant.
Deutsche Bank Becomes Biggest Shareholder of China's Huaxia Bank
China's medium-sized Huaxia Bank said Thursday Deutsche Bank AG became its largest shareholder after wrapping up an acquisition of the Chinese lender's shareholder Sal Oppenheim Jr& Cie.S.C.A.
Japan's Economy to Improve But Private Demand Remains Sluggish: BOJ
Japan's economy is picking up and economic conditions are likely to continue improving, said the Bank of Japan (BOJ) in a report on Thursday.
A Stronger Chinese Yuan May Hurt U.S. Exporters, Consumers: U.S. Experts
A stronger Chinese yuan will eventually hurt U.S. exporters and cost U.S. consumers more, said two U.S. foreign exchange experts in an article published Tuesday by the U.S. Foreign Policy journal.
Central SOEs Reduced to 127
China New Era Group Corporation and China Energy Conservation Investment Corporation, two centrally-administered State-owned enterprises (SOEs), were approved by the State Council to restructure into one company, China's State-assets watchdog said in a statement posted on its website.
MOC to Support Steel Mills in Iron Ore Talks
China's Ministry of Commerce (MOC) will take moves to support Chinese steel mills in the iron ore talk with foreign producers, including adopting necessary trade measures, the China Securities Journal reported.
World Bank Praises China's Re-focus on Economic Restructuring
The World Bank has welcomed the efforts of the Chinese government to restructure the country's economy.
 
Stock Exchanges

 Nikkei 10,744.03 -0.95% Thu
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Wed

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2,389.09

+0.47%

Wed

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Wed

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 DAX 6,024.28 +0.89%

Wed

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Wed

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3046.09

 -0.14% Thu
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12236.73

 +0.02%

Thu

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21330.67

 -0.25% Thu

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Exchange Rates
100 units of foreign currencies     2010-03-18
 USD    682.62

 EUR   936.38

 HKD   87.950  JPY    7.5507
 GBP    1,045.16  CAD   674.74
 AUD    628.92  KRW  0.5902
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