Business

China's Insurers Saw Original Premium of CNY515bn in Q1

China's insurance sector reported original insurance premium revenue of CNY 515.059 bn in Q1 2013, hiking 6.53% from a year ago. Premium revenue from property insurance amounted to CNY 151.28 bn, leaping 16.32% year on year. Premium from pe

Student Dorm Care Package Swaps

Every student away at college likes to receive a thoughtful care package now and then. It can get tricky to keep the contents both practical and interesting for your loved one away at school, but there's a way to do just that while socializ

Eco-friendly trends in Malaysia

The last decade has seen an increase in the number of Malaysians taking up eco-friendly practices and ways of life. Malaysians have become increasingly aware of the environment and the potential impact it can have on them. What spurred this

Why Infographics are Getting More Popular

There are several reasons behind the popularity of infographics. As we read pages on the internet, they seems quite boring and lengthy and it is difficult for us to remember what we read but if that same information is presented to us in for

Balcony and front close bras- have a real feminine look

A bra is used as an undergarment by a woman to support her breasts. Instead of form-fitting and shaping up the figure they are used for many reasons and they are now regarded as fashion items too. 90% women wear bras all over the world and

S Korea's Shinhan Bank to lend USD104m to Woulfe Mining

South Korea's Shinhan bank has agreed to extend a KRW120bn (USD104m/EUR86m) loan to Canadian mineral exploration company Woulfe Mining Corp (CVE:WOF), the borrower said on Thursday. According to the memorandum of understanding signed between

Domestic Investors Invested USD28.5bn Abroad in 1st 5 Months

On June 26, China's Ministry of Commerce discloses the nation's investment abroad and economic cooperation from January to May. During this period, domestic investors directly invested in 1,709 foreign enterprises in 115 countries and regio

HK Exports & Imports Jan-May Via Shenzhen Port Hit USD64.8bn

Statistics from the Shenzhen Customs showed Hong Kong's exports and imports through Shenzhen port grew 18.9% year on year to USD 64.77 billion in the first five months. Therein, Shenzhen port exported USD 62.04 billion to Hong Kong, up 18.3

Jan-May Consumer Goods Retail Sales Up 14%

Total retail sales of consumer goods reached CNY 1.6715 trillion in China in May, a nominal year-on-year growth of 13.8% and an actual growth of 11% deducting the price factor and growing 0.84% over a month earlier, according to the Nationa

Large-sized Industries Added Value May Rose 9.6%

In China, the added value in large-sized industries actually increased 9.6% (deducted pricing factors) year on year and 0.89% month on month in May. The year-on-year growth rate was 0.3 percentage point higher than that in April. The added-v

China Renaissance Opens Securities Unit in Hong Kong

China Renaissance, one of the investment banks in China, starts operation of its wholly-owned securities unit in Hong Kong today for business expansion. The unit will focus on a series of services like securities underwriting, securities br

CITIC Securities and 2 Subsidiaries May Saw CNY470mn Net

CITIC Securities Co., Ltd. (SHSE: 600030, SEHK: 6030) and two of its subsidiaries totally saw CNY 470 million net profit in May 2012, which increased 4.5 times year on year and 18.8% month on month. The net profit received by them was CNY 3

China Q1 Foreign Direct Investment Hit USD21.4bn

A Capital discloses on June 7 that in the first quarter of 2012, China's direct investment in other countries hit USD 21.4 billion, rising by more than one time year on year. Such investment mainly went to resource projects in South America

Nafine Chemical to Sell Equities in Subsidiary

Nafine Chemical Industry Group Co., Ltd. (SZSE: 000737) June 6 announced that the company planned to sell a 54 percent stake it held in Jiangsu Nafine Chemical Company Limited to China National Salt Industry Corporation, effective controlle

China Becomes 2nd Biggest Consumer for Autoeuropa

Autoeuropa, a Portuguese production facility owned by Volkswagen, produced 57229 cars in the first five months this year, inching up 0.3 percent year on year. Up to 11445 of total were exported to China, soaring by 265 percent compared with

China, Russia to Jointly Make Long-range Aircraft

Russia's deputy minister of industry and trade, Yuri Slusar, shows that Russia's United Aircraft Corporation (UAC) and Commercial Aircraft Corporation of China plan to set up a joint venture to research and manufacture a new-type long-haul

Ji En Nickel Industry to Add Investment in Canada Project

Ji Lin Ji En Nickel Industry Co., Ltd. (SHSE: 600432) recently announced that the company planned to increase investments in a Canada copper and nickel mine project by CNY 2.6 billion. The company stated that the 2010 general meeting of sha

China Jan-Apr Auto Imports Boosted 26.7% YOY

The General Administration of Customs of China released on May 10 that China's import and export value climbed 6% year on year to USD 1.17 trillion in the first four months of 2012. Therein, export value grew 6.9% year on year to USD 593.24

China Becomes Netherlands' 2nd Investment Source

Guy Wittich, China affairs chief representative of the Netherlands Foreign Investment Agency (NFIA), recently disclosed that China become Netherlands' second largest investment source last year. According to the chief representative, 29 Chi

Official says Pakistan focusing on regional trade

Advisor to Prime Minister Mirza Ikhtiar Baig on Tuesday [28 February] said that focus is being given to regional trade to boost economy of the country. Talking to a private television channel, he said that efforts were being made to improve

Pakistan, Malaysia business council vow to increase bilateral trade, investment

Pakistan and Malaysia have vowed to enhance bilateral economic cooperation and explore avenues for joint ventures in a host of sectors, including agriculture, construction and halal industry. The understanding to tap full potential of bilat

China calls for global efforts to address trans-national crime in West Africa

A Chinese UN ambassador on Tuesday [21 February] urged the international community to take effective measures to help West Africa and countries in the Sahel region in addressing transnational crime. Addressing a Security Council open debate

Pakistan, Russia reaffirm commitment to building long-term ties

Pakistan and Russia reaffirmed their commitment to build a long-term and broad-based partnership between Russia and Pakistan. The pledge was made during an official visit of Foreign Minister Hina Rabbani Khar to Russian Federation from 7 to

BMW Audi Jan Sales in China Boosted

Germany's BMW announced on February 2 that January's auto sales climbed approximately 30% year on year to 26,500 units in mainland China, keeping a large growth from 2011. Luxury auto brand under its umbrella Audi also released data on the

Peru minister says free trade agreement strengthening trade with China

Lima, 31 Oct - Trade relations between Peru and China saw continuous strengthening in the past years, as mutual interests and benefit created a stronger flow of investment and trade between both sides. China-Latin America trade amounted to

Today's Picks

The last decade has seen an increase in the number of Malaysians taking up eco-friendly practices and ways of life. Malaysians have become increasingly aware of the environment and the potential

Eco-friendly trends in Malaysia

The last decade has seen an increase in the number of Malaysians taking up

The Party and State highly appreciated the contribution of the Joint Venture Vietsopetro in nurturing the traditional Vietnam-Russia relationship, said Prime Minister Nguyen Tan Dung. Mr. Dung made

Vietnamese PM praises role of joint oil venture with

The Party and State highly appreciated the contribution of the Joint Venture

A Chinese UN ambassador on Tuesday [21 February] urged the international community to take effective measures to help West Africa and countries in the Sahel region in addressing transnational crime.

China calls for global efforts to address

A Chinese UN ambassador on Tuesday [21 February] urged the international

China pledged on Friday [15 July] it will abide by World Trade Organization rules and apply same policies to both domestic and overseas companies in rare earth production, processing and export.

China to abide by WTO rules in rare earth production

China pledged on Friday [15 July] it will abide by World Trade Organization

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