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Demand grows for passenger jets

Demand grows for passenger jets

CHINA will need 6,103 more passenger aircraft over the next 20 years, the Aviation Industry Corporation of China said yesterday. According to the “China Civil Market Outlook for Civil Aircraft (2017-2036)” ...

November 24, 2017, Friday


Chinese shares tumble to suffer worst fall in nearly 18 months

Chinese shares tumble to suffer worst fall in nearly 18 months

Chinese shares tumbled yesterday with the blue-chip index suffering its worst fall in nearly 1-1/2 years as worries about a selloff in the bond market bled into equities....

November 24, 2017, Friday


Eurozone set for strong finish in 2017

Eurozone set for strong finish in 2017

The 19-country eurozone is set for its best quarterly performance since early 2011, according to a closely watched survey yesterday, the latest sign that a robust economy has gained further momentum heading...

November 24, 2017, Friday


Mitsubishi Material units falsify data

Mitsubishi Material units falsify data

SUBSIDIARIES of Mitsubishi Materials have falsified product data, the company said yesterday, becoming the latest major Japanese firm to admit problems with quality control. Affected products included ...

November 24, 2017, Friday


Top IT firms tap China’s medical sector

Top IT firms tap China’s medical sector

TOP information technology companies are tapping into China’s medical industry to help cope with huge volume data processing demand, Shanghai Daily learned today. Artificial intelligence, data analysis ...

Zhu Shenshen | November 24, 2017, Friday


HK stocks finish sharply lower

HK stocks finish sharply lower

HONG Kong stocks ended yesterday sharply lower, with the benchmark Hang Seng falling back below the 30,000 point mark after the previous session’s breakthrough, as a tumble in mainland stocks soured sentiment. The ...

November 24, 2017, Friday


Protest against Siemens jobs cut

Protest against Siemens jobs cut

Protesting Siemens workers from the IG Metal union are seen demonstrating outside the Estrel hotel in Berlin yesterday. German industrial conglomerate Siemens said it would slash around 6,900 jobs worldwide, mostly in its fossil energy division, with plant closures and around half the job cuts falling in its home country. ...

November 24, 2017, Friday


Chinese M&As abroad post decline

Chinese M&As abroad post decline

CHINESE mainland companies saw outbound mergers and acquisitions in the first three quarters of the year fall from the surge in 2016. But the government and market welcomed strategically significant ...

Huang Yixuan | November 24, 2017, Friday


China firms tap B&R oil and gas supply

China firms tap B&R oil and gas supply

CHINA’S Belt and Road initiative is helping domestic petrochemical firms expand by tapping the enormous supply of oil and gas in countries along the B&R region, said PetroChina at a conference yesterday. The ...

Song Yingge | November 24, 2017, Friday


Tie-ups to build apps using 5G

Tie-ups to build apps using 5G

CHINA Mobile has partnered 112 companies to develop new applications on 5G that should be available between 2018 and 2020, the world’s biggest mobile carrier said yesterday. The latest apps cover drone, ...

Zhu Shenshen | November 24, 2017, Friday


Brexit-bound Britain slashes growth forecasts

Brexit-bound Britain slashes growth forecasts

BRITAIN slashed its growth forecasts for its Brexit-bound economy and expects to borrow sharply more going into the next decade, finance minister Philip Hammond said yesterday as he delivered a gloomy ...

November 23, 2017, Thursday


Shanghai GDP expands steadily

Shanghai GDP expands steadily

SHANGHAI'S economy grew steadily in October as industrial output, consumer prices and foreign trade all rose. The city’s foreign trade in October jumped 14.3 percent from a year earlier to 266.08 billion ...

Huang Yixuan | November 23, 2017, Thursday


Uber paid hackers to cover up huge breach

Uber paid hackers to cover up huge breach

Struggling ride-hailing firm Uber faces a fresh regulatory crackdown after disclosing it paid hackers US$100,000 to keep secret a massive breach last year that exposed personal data from around 57 million ...

November 23, 2017, Thursday


Global online sales of FMCG to explode

Global online sales of FMCG to explode

GLOBAL online sales of fast moving consumer goods are expected to hit US$170 billion by 2025 — more than doubling to 10 percent of the market — a new study shows. Groceries are leading the surge, jumping ...

Ding Yining | November 23, 2017, Thursday


Bull in HK shares set to continue

Bull in HK shares set to continue

Hong Kong’s main equity index ended above 30,000 points yesterday for the first time in a decade....

November 23, 2017, Thursday




 

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