Finance


American firms assess tariff impact

COMPANIES and trade groups in the US have expressed concern over how the escalating trade spat between the world’s two biggest economies could affect operations. Beijing retaliated immediately to tariffs ...

June 18, 2018, Monday


PBOC vows to support Shanghai’s development

YI Gang, governor of the People’s Bank of China, yesterday said the central bank will support Shanghai as it opens up and reforms the financial sector. Speaking at the Lujiazui Forum, Yi said the central ...

June 15, 2018, Friday


Fast growth of FDI due to high-tech sectors

China’s foreign direct investment rose in May from a year earlier and also from January to May, with capital channeled into high technology industries. FDI into the Chinese mainland grew 7.6 percent ...

June 15, 2018, Friday


Room to cooperate on business

CHINA and France have huge opportunities to cooperate on business and investment by tapping Chinese consumption upgrade and the Belt and Road Initiative, investors said yesterday. Bpifrance, the state-owned ...

June 15, 2018, Friday


China Life helps seniors

CHINA Life Insurance Co Ltd yesterday launched its first product designed for the commercial pension trial program in Shanghai in a move to help citizens in an aging society. China launched a pilot tax-deferred ...

June 14, 2018, Thursday


Janssen pledges innovation, new models in Shanghai

ECHOING Shanghai’s ambitious goal to become a global innovation center, Janssen Pharmaceuticals is pledging to leverage the city’s strong foothold in innovation and will continue to work closely with ...

June 14, 2018, Thursday


Investors to benefit from QFII, RQFII rules

CHINA said yesterday that it would ease restrictions on foreign institutional investors in a step to open its financial market wider. New rules for the Qualified Foreign Institutional Investor and the ...

June 13, 2018, Wednesday


Pilot CDR scheme to be promoted

CHINA will actively advance the pilot China Depositary Receipts program steadily to build an inclusive and competitive capital market, according to country’s securities watchdog. “China will adhere to ...

June 12, 2018, Tuesday


KPMG penalized for audit failings

Britain’s accounting watchdog fined KPMG 3.2 million pounds (US$4.3 million) yesterday for failings in its audit of Quindell Plc, after the legal services firm twice restated its accounts leading to heavy...

June 12, 2018, Tuesday


Forex reserves fall as dollar rallies

CHINA’S foreign exchange reserves fell slightly in May to its lowest in seven months as the US dollar rebounded strongly and regulators continued their efforts to increase cross-border use of the yuan. Reserves ...

June 8, 2018, Friday




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号