Morgan Stanley Asia Chairman: sharp revaluation of yuan would ..
03-22-2010
- The debate over China's currency policy is heating up among economists with Morgan Stanley Asia Chairman Stephen Roach saying that a sharp upward revaluation of the yuan would lead to a disastrous outcome for the United ..
WB official: World Bank to work with China on rural financing
03-22-2010
- The World Bank Group will step up its efforts to work with the Chinese Government this year on rural financing, said a senior official of the organization Sunday on the sideline of the China Development Forum 2010.
Bot..
Sri Lankan official: initial discussions with EU on GSP+ posit..
03-19-2010
- Initial discussion between the European Union (EU) and the Sri Lankan delegation pertaining to GSP+ trade concessions and other issues was positive, a senior government minister said on Thursday.
G.L. Peiris, minister o..
Survey: HK's median hourly wage stands at 58.5 HKD
03-19-2010
- The median hourly wage of the nearly 2.78 million local employees was 58.50 HK dollars in the second quarter of last year, according to the Census and Statistics Department of Hong Kong.
The 10th, 25th, 75th and 90th pe..
Wrong to publicly pressure China to appreciate currency: EU am..
03-18-2010
- An European Union top diplomat said here on Wednesday that the exchange rate was a "very complex issue" and pressure should not be put on China's currency.
"Discussions should be made behind closed doors, and I'm not su..
UNCTAD: Free floating RMB no key to rebalancing global economy..
03-17-2010
- The imbalances of the global economy cannot be resolved by a free floating Chinese currency, instead, the problem needs to be addressed by bold multilateral responses, the United Nations Conference on Trade and Developme..
Central bank poll: most Chinese feel prices "unacceptably high..
03-17-2010
- A record 51 percent of Chinese depositors regard prices of consumer goods as "unacceptably high," a central bank survey revealed Tuesday.
It was the highest such result since the start of the survey in 1999, said People..
WEF chief: China "Summer Davos" 2010 to again focus on sustain..
03-17-2010
- The China "Summer Davos" summit, due to be held in September in the north China city of Tianjin, will again focus on sustainability and the green economy, said Andre Schneider, managing director of the World Economic For..
Ford employees optimistic about future
03-16-2010
- Ford Motor Co.'s latest internal employee survey shows employees' confidence in the company's future has reached an all-time high, according to Ford's latest quarterly report.
"It's a very positive reflection of employe..
IDC: global PC market to keep double-digit growth in coming ye..
03-16-2010
- Global personal computer ( PC) market has been recovering and will keep the upward momentum with double-digit annual growth through 2014, market research firm IDC said on Monday.
PC shipments worldwide are expected to j..
Official: Indonesia's Q1 economy may grow above 5%
03-16-2010
- Head of Indonesian Statistic Center Bureau (the BPS) Rusman Heriawan predicted that the country ' s economic growth may exceed 5 percent in the first quarter this year, propelled by massive export, increasing investment ..
Small Asian economies possibly more exposed to potential Europ..
03-16-2010
- Worries about Greece's ability to stabilize its finances have eased in recent days amid news that European leaders have been orchestrating a bailout and the Greek government will take needed steps to reduce its mountain ..