Source : People’s Daily : Business
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NewsvineDassault Aviation posts 37-percent growth in net profits
People’s Daily : Business: 2 hours ago
Dassault Aviation posted a 37-percent growth in net profits to 170 million euros during the first half of 2010 compared with the same period last year, the company said Thursday. Dassault's operating profit in the first six months of 2010 reached 248 ... ...read article
Dassault Aviation posted a 37-percent growth in net profits to 170 million euros during the first half of 2010 compared with the same period last year, the company said Thursday. Dassault's operating profit in the first six months of 2010 reached 248 ... ...read article
Brazil industry confidence falls in July
People’s Daily : Business: 10 hours ago
Brazil's Industry Confidence Index fell 1.5 percent to 113.6 points in July, the second straight decline, the Getulio Vargas Foundation announced Wednesday. The figures indicate a deceleration in the industrial sector's growth, according to the FGV. ... ...read article
Brazil's Industry Confidence Index fell 1.5 percent to 113.6 points in July, the second straight decline, the Getulio Vargas Foundation announced Wednesday. The figures indicate a deceleration in the industrial sector's growth, according to the FGV. ... ...read article
China shows strong resolve to develop clean energy: ITER
People’s Daily : Business: 10 hours ago
China had shown its commitment to developing clean energy through its strong support for an international alternative energy program, the head of the program's China office said Wednesday. The program, known as the International Thermonuclear ... ...read article
China had shown its commitment to developing clean energy through its strong support for an international alternative energy program, the head of the program's China office said Wednesday. The program, known as the International Thermonuclear ... ...read article
Brazil to promote FTA between Mercosur, SICA
People’s Daily : Business: 10 hours ago
Brazilian President Luiz Inacio Lula da Silva said on Wednesday he will promote negotiations on a free trade agreement between the Central American Integration System and Mercosur, where he will take the interim presidency. "A comprehensive trading ... ...read article
Brazilian President Luiz Inacio Lula da Silva said on Wednesday he will promote negotiations on a free trade agreement between the Central American Integration System and Mercosur, where he will take the interim presidency. "A comprehensive trading ... ...read article
WB to grant Indonesia $600 mln to build power plant
People’s Daily : Business: 1 day ago
The World Bank will grant Indonesia 600 mln U.S. dollars to build a hydro power plant called the Upper Cisokan with a capacity of 1,024 megawatt , the detikcom online news quoted an official as saying on Wednesday. "The loan is worth 600 million ... ...read article
The World Bank will grant Indonesia 600 mln U.S. dollars to build a hydro power plant called the Upper Cisokan with a capacity of 1,024 megawatt , the detikcom online news quoted an official as saying on Wednesday. "The loan is worth 600 million ... ...read article
S Korea's current account surplus tops one-year high in June
People’s Daily : Business: 1 day ago
South Korea's current account surplus rose to a one-year high in June on the back of strong export conditions, the central bank said Wednesday. According to the Bank of Korea , the current account surplus stood at 5.04 billion U.S. dollars, sharply ... ...read article
South Korea's current account surplus rose to a one-year high in June on the back of strong export conditions, the central bank said Wednesday. According to the Bank of Korea , the current account surplus stood at 5.04 billion U.S. dollars, sharply ... ...read article
U.S. stocks extend gains to fourth day
People’s Daily : Business: 2 days ago
U.S. stocks stretched its winning streak to the fourth straight day on Tuesday as investors regained some confidence on the economy amid strong corporate earnings. DuPont reported second-quarter net income of 1.16 billion dollars, or 1.26 dollars per ... ...read article
U.S. stocks stretched its winning streak to the fourth straight day on Tuesday as investors regained some confidence on the economy amid strong corporate earnings. DuPont reported second-quarter net income of 1.16 billion dollars, or 1.26 dollars per ... ...read article
Japanese automakers' local, foreign output grows, exports on upswing
People’s Daily : Business: 2 days ago
Suzuki Motor Corp. announced Tuesday its output of cars in Japan rose for the sixth successive month in June totaling 97,921 units, a rise on year of 36.5 percent. In the recording month Suzuki in addition produced 134,137 cars abroad, marking the ... ...read article
Suzuki Motor Corp. announced Tuesday its output of cars in Japan rose for the sixth successive month in June totaling 97,921 units, a rise on year of 36.5 percent. In the recording month Suzuki in addition produced 134,137 cars abroad, marking the ... ...read article
Expert: China won't take more responsibility than it can handle
People’s Daily : Business: 2 days ago
Since the outbreak of the global financial crisis, the Chinese government's response and its efforts to spur growth have produced sound effects, winning applause from all over the world. However, some developed countries claim that China should take ... ...read article
Since the outbreak of the global financial crisis, the Chinese government's response and its efforts to spur growth have produced sound effects, winning applause from all over the world. However, some developed countries claim that China should take ... ...read article
Central gov't aims to tackle overcapacity in steel industry
People’s Daily : Business: 2 days ago
China should combine its goal of fixing the problem of overcapacity in the steel industry with efforts to restructure industries, improve energy conservation and reduce emissions, said Yao Jingyuan, chief economist at the country's National Bureau of ... ...read article
China should combine its goal of fixing the problem of overcapacity in the steel industry with efforts to restructure industries, improve energy conservation and reduce emissions, said Yao Jingyuan, chief economist at the country's National Bureau of ... ...read article
Nikkei opens sharply higher on weaker yen
People’s Daily : Business: 3 days ago
Japan's key Nikkei index opened sharply higher on a weaker yen against the dollar. In the first 15 minutes of trading, the benchmark Nikkei-225 index rose 115.17 points, or 1.22 percent, from Friday to 9,546.13, trading above 9,500 for the first time ... ...read article
Japan's key Nikkei index opened sharply higher on a weaker yen against the dollar. In the first 15 minutes of trading, the benchmark Nikkei-225 index rose 115.17 points, or 1.22 percent, from Friday to 9,546.13, trading above 9,500 for the first time ... ...read article
China's yuan stronger against USD Monday
People’s Daily : Business: 3 days ago
The central parity rate of the yuan, China's currency Renminbi , advanced to 6.7778 per U.S. dollar Monday from 6.7790 per U.S. dollar Friday, according to the data released by the China Foreign Exchange Trading System. China's central bank announced ... ...read article
The central parity rate of the yuan, China's currency Renminbi , advanced to 6.7778 per U.S. dollar Monday from 6.7790 per U.S. dollar Friday, according to the data released by the China Foreign Exchange Trading System. China's central bank announced ... ...read article
China key for trade growth: WTO chief
People’s Daily : Business: 3 days ago
The World Trade Organization on Friday lauded China for the significant role it has played in reviving global trade growth and said the nation has more than fulfilled its commitment to the organization. The WTO said in its annual report released on ... ...read article
The World Trade Organization on Friday lauded China for the significant role it has played in reviving global trade growth and said the nation has more than fulfilled its commitment to the organization. The WTO said in its annual report released on ... ...read article
Hon Hai making $64 million move to inland China
People’s Daily : Business: 3 days ago
Hon Hai Precision, Taiwan's leading manufacturing enterprise, has decided to set up new factories in Chengdu and Zhengzhou, according to the Taipei-based China Post. According to Hon Hai's latest announcement, the company will invest a total of 32 ... ...read article
Hon Hai Precision, Taiwan's leading manufacturing enterprise, has decided to set up new factories in Chengdu and Zhengzhou, according to the Taipei-based China Post. According to Hon Hai's latest announcement, the company will invest a total of 32 ... ...read article