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Shanghai Daily,上海日报
Latest news:


Profit news lifts shares

SHANGHAI shares yesterday rose for the third straight day as investor sentiment was lifted by news that profits of industrial companies surged over 28 percent in the first quarter. The Shanghai Composite ...

April 28, 2017, Friday

Cheers to Trump tax cuts but jobs uncertain

US businesses would reap a windfall if President Donald Trump’s plan to cut corporate tax rates and slash taxes on cash parked overseas becomes law, but it was unclear whether they would stimulate a surge ...

April 28, 2017, Friday

ECB sticks to ultra-easy policy

European Central Bank President Mario Draghi arrives for a news conference at the ECB headquarters in Frankfurt yesterday. The ECB stuck to its ultra-easy policy stance as inflation continues to undershoot its target but explicitly acknowledged the vigor of the eurozone economy, now on its best run since the global financial crisis. Draghi noted that the eurozone’s economy has further improved and the risk of a new downturn has receded, a signal seen by many as foreshadowing a bolder change at the next meeting in June. ...

April 28, 2017, Friday

US urged to abide by WTO rules

A Chinese commerce ministry spokesman yesterday urged US authorities to abide by World Trade Organization rules in its investigation of aluminum imports. Sun Jiwen told a press conference China’s “grave ...

April 28, 2017, Friday

City opening up to foreign investment

SHANGHAI aims to attract more foreign investment by expanding its opening-up and building a more competitive market, officials said yesterday. A guideline highlighting 33 measures includes widening market ...

April 28, 2017, Friday

SOEs see profit growth slow in March

State-owned enterprises saw their profit growth slow in March as net earnings in the electricity industry declined, the Ministry of Finance said in a statement yesterday....

April 27, 2017, Thursday

Wanda to stage China’s first global marathon

Wanda Group said yesterday that it would stage several top-level marathons in Asia, including China’s first international event, as part of its latest investment in sport. A signing ceremony between ...

April 27, 2017, Thursday

Cash withdrawals fall as mobile payment rises

CASH withdrawals using bank cards fell in volume for the first time in China, as the country enters a cashless society with mobile payments growing in popularity. About 65.5 trillion yuan (US$9.5 trillion) ...

April 27, 2017, Thursday

Study finds cashless society getting closer

MORE than a third of Europeans and Americans would be happy to go without cash and rely on electronic forms of payment if they could, and at least 20 percent already pretty much do so, a study showed ...

April 27, 2017, Thursday

Credit services in Brazil

ALIBABA Group has plans to provide credit services in Brazil, Jack Ma, the company’s executive chairman, was quoted as saying in yesterday’s edition of O Estado de S. Paulo. In China, the e-commerce ...

April 27, 2017, Thursday


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