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City outlines blueprint to boost rental home sector

City outlines blueprint to boost rental home sector

the Shanghai government yesterday announced plans to stabilize the property market, including speeding up the development of rental apartments and increasing the supply of affordable housing units....

Tracy Li | February 15, 2019, Friday


Fitch sees rebound in non-bank lending

Fitch sees rebound in non-bank lending

Fitch Ratings expects China’s non-bank consumer credit to return to growth this year after a sharp decline in 2018, as demand for online consumer loans remains strong and the government still aims for...

Tracy Li | February 15, 2019, Friday


Foreign investment jumps 4.8%

Foreign investment jumps 4.8%

Foreign direct investment into the Chinese mainland expanded 4.8 percent year on year to reach 84.18 billion yuan (US$12.41 billion) in January, the Ministry of Commerce announced yesterday....

February 15, 2019, Friday


American shops’ holidays not so happy

American shops’ holidays not so happy

US retail sales fell in December, posting the biggest drop since September 2009 and delivering more evidence that last year’s holiday sales fizzled unexpectedly....

February 15, 2019, Friday


PBOC issuance boosts HK offshore business role

PBOC issuance boosts HK offshore business role

The latest issuance of bills denominated in yuan by the People’s Bank of China in Hong Kong will boost the city’s role as offshore yuan business center, analysts said....

February 15, 2019, Friday


US firms losers in Trump’s trade war

US firms losers in Trump’s trade war

US BUSINESSES paid an additional US$2.7 billion in tariffs in November, according to data from a coalition of US business groups....

February 15, 2019, Friday


Rise in exports, imports signals robust economy

Rise in exports, imports signals robust economy

CHINA’S exports and imports both rose at a faster-than-expected rate in January, another sign that the economy remained resilient despite growing external uncertainties. China’s total imports and exports ...

February 15, 2019, Friday


Output falls, stoking fears  of recession for eurozone

Output falls, stoking fears of recession for eurozone

Slumping industrial output across the 19-country eurozone is stoking talk of a possible recession this year, even before any additional damage from Brexit....

February 14, 2019, Thursday


US CPI steady, gives Fed room on rates

US CPI steady, gives Fed room on rates

US consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than one-and-a-half years, which could allow the Federal Reserve to...

February 14, 2019, Thursday


Inflation in UK drops below 2% BOE target

Inflation in UK drops below 2% BOE target

Lower energy costs as well as a waning impact from the pound’s sharp fall in the aftermath of the country’s Brexit vote have helped consumer price inflation in Britain fall below the Bank of England’s...

February 14, 2019, Thursday


Renault set to cancel US$34m Ghosn deal

Renault set to cancel US$34m Ghosn deal

The board of Renault was poised to cancel as much as 30 million euros (US$34 million) in deferred pay and severance to its ousted boss Carlos Ghosn, as directors met yesterday to approve its full-year...

February 14, 2019, Thursday


Lower-tier cities’ delivery craving booms

Lower-tier cities’ delivery craving booms

Lower-tier cities saw the biggest growth in sales volume of on-demand delivery services during the Chinese New Year as consumers from inland regions embraced booming new consumption channels, according...

Ding Yining | February 14, 2019, Thursday


More C919 prototypes to take off

More C919 prototypes to take off

Another three prototypes of the C919, China’s first domestically developed narrow-body passenger jet, will undergo test flights this year, the Commercial Aircraft Corporation of China (COMAC) says....

Yang Jian | February 14, 2019, Thursday


Market surges 2% on move to woo foreigners

Market surges 2% on move to woo foreigners

Shanghai shares jumped nearly 2 percent as market sentiment was lifted by new rules to support equity incentives for foreign employees at domestic listed firms....

Hu Yumo | February 14, 2019, Thursday


Govt seeks to address bonds risks

Govt seeks to address bonds risks

China will launch an investigation into corporate bond risks, focusing on issuers’ ability to repay maturing notes....

Huang Yixuan | February 14, 2019, Thursday




 

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