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Shanghai Daily,上海日报


Economic rebalancing makes progress

China has made progress in rebalancing its economy to relying more on consumption than investment despite economic growth faltering in the third quarter, JPMorgan said yesterday....

October 23, 2014, Thursday

China’s outbound investment to beat FDI

China’s outbound direct investment is seen to grow by at least 10 percent annually in the next five years, a senior official with the Ministry of Commerce said yesterday.“...

October 23, 2014, Thursday

Shanghai sees record foreign funds

Foreign direct investment in Shanghai in September surged by a record speed and volume for this year, propelling the city to the frontline as an attractive place for investors....

October 23, 2014, Thursday

AIG seeks to insure firms’ path overseas

American International Group, the world’s largest insurance group, aims to open offices in almost all of China’s coastal provinces as it taps rising demand from Chinese companies’ overseas expansion....

October 23, 2014, Thursday

Doubts over firms’ profitability jolt investors

SHANGHAI stocks fell yesterday as concerns over the profitability of listed companies arose after China’s economy was shown to have grown at the slowest pace in more than five years....

October 23, 2014, Thursday

Shanghai-HK stock scheme may be delayed

Some of the world’s biggest banks and asset managers have asked the Hong Kong securities regulator to delay a landmark stock trading link with China’...

October 23, 2014, Thursday

JPMorgan fined for rigging Libor rates

The European Commission fined US bank JPMorgan more than 61 million euros (US$78 million) yesterday for its role in rigging benchmark international interest rates....

October 22, 2014, Wednesday

China faces pressure in fiscal revenue

China is facing pressure in fiscal revenue this year as the government’s income grew slowly in September even as it spent aggressively to support economic growth,...

October 22, 2014, Wednesday

FTZ eyes commodities spot trading

Shanghai’s pilot free trade zone has released draft rules for spot trading of commodities, a step closer to establishing international trading exchanges for various commodities in the FTZ.The 48-...

October 22, 2014, Wednesday

Rising worries over economy deflate shares

SHANGHAI stocks fell yesterday amid rising worries after China’s economy expanded at the lowest rate in more than five years in the third quarter.The Shanghai Composite Index dipped 0.72 percent to 2,...

October 22, 2014, Wednesday


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