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  <title>Shanghai Daily: Business</title> 
  <link>
  	http://www.shanghaidaily.com/article/list.asp?id=8
  </link> 
  <description>Shanghai Daily Business</description> 
  <language>en</language> 


<item>
	<title>Shanghai shares rise led by gold producers</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420361.htm
	</link>
	<pubDate>2009-11-23 12:05:05</pubDate> 
	<category>Securities</category> 
	<author>Pan Xiaoyi</author>
	<description><![CDATA[SHANGHAI'S key stock index extended its gain in the morning session, led by gold producers on soaring bullion prices.
 
The benchmark Shanghai Composite Index added 0.1 percent, or 3.22 points, to close at 3,311.57...]]></description>
</item>

<item>
	<title>Close range against dollar expected</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420326.htm
	</link>
	<pubDate>2009-11-23 1:03:12</pubDate> 
	<category>Banking</category> 
	<author>Ding Yining</author>
	<description><![CDATA[THE yuan will stay in a close range against the United States dollar in the next two or three months as China's monetary policy stays unchanged.
 
The Chinese currency edged down slightly against the greenback last...]]></description>
</item>

<item>
	<title>Ex-CEO admits mistakes but not fraud</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420325.htm
	</link>
	<pubDate>2009-11-23 1:02:16</pubDate> 
	<category>Advertisement/media</category> 
	<author>Jennifer Peltz</author>
	<description><![CDATA[FORMER Vivendi CEO Jean-Marie Messier told a jury on Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.
 
Messier...]]></description>
</item>

<item>
	<title>Oil firms near asset sale deal</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420324.htm
	</link>
	<pubDate>2009-11-23 1:01:49</pubDate> 
	<category>Energy</category> 
	<author></author>
	<description><![CDATA[BRITISH oil explorer Heritage Oil is in talks to sell its Ugandan assets to Italian oil group Eni SpA for between US$1.3 to US$1.5 billion, a person familiar with the matter said yesterday. 
 
Talks are continuing...]]></description>
</item>

<item>
	<title>Qatar lays tracks for huge rail project</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420323.htm
	</link>
	<pubDate>2009-11-23 1:01:11</pubDate> 
	<category>Logistics</category> 
	<author>Thomas Atkins</author>
	<description><![CDATA[QATAR aims to have most of a 17 billion euro (US$22.79 billion) rail project with Deutsche Bahn built by 2022, officials said yesterday after signing one of the biggest-ever foreign deals for German industry.
 
Construction...]]></description>
</item>

<item>
	<title>Stocks likely to keep upward direction</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420322.htm
	</link>
	<pubDate>2009-11-23 1:00:51</pubDate> 
	<category>Securities</category> 
	<author>Ding Yining</author>
	<description><![CDATA[THE Shanghai stock market is expected to maintain its upward trend this week on expectations that some economic stimulus measures introduced late last year to help shore up the Chinese economy will be continued to...]]></description>
</item>

<item>
	<title>Global Pressure On Yuan May Hit Growth</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420321.htm
	</link>
	<pubDate>2009-11-23 0:50:54</pubDate> 
	<category>Banking</category> 
	<author>Chris Buckley</author>
	<description><![CDATA[GLOBAL pressure on China to lift the value of the yuan against the dollar could stoke risks to growth in 2010, an economist at a state think-tank has said, warning of a deepening dilemma facing  policy makers.
 
Yu...]]></description>
</item>

<item>
	<title>iPhone finally rings in S. Korea</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420320.htm
	</link>
	<pubDate>2009-11-23 0:50:32</pubDate> 
	<category>Information industry</category> 
	<author>Kelly Olsen</author>
	<description><![CDATA[APPLE Inc's iPhone is coming to South Korea this week, KT Corp announced yesterday, bringing the iconic communications device to one of the world's most sophisticated mobile phone markets.
 
The telco began accepting...]]></description>
</item>

<item>
	<title>Output of food to top US$717b</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420319.htm
	</link>
	<pubDate>2009-11-23 0:49:56</pubDate> 
	<category>FMCG/food</category> 
	<author></author>
	<description><![CDATA[THE output value of China's food industry is expected to grow 16.7 percent year on year, according to the China National Food Industry Association.
 
Liu Zhi, CNFIA's executive vice chairman, told the Seventh China...]]></description>
</item>

<item>
	<title>Shipyard launches Panamax bulk vessel</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420318.htm
	</link>
	<pubDate>2009-11-23 0:49:27</pubDate> 
	<category>Shipping and ports</category> 
	<author>Ding Yining</author>
	<description><![CDATA[<a href="
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420318.htm"><img src="http://www.shanghaidaily.com/NewsImage/2009/2009-11/2009-11-23/20091123_420318_03.jpg" border="0" /></a><br>HUDONG-ZHONGHUA Shipbuilding (Group) Co Ltd yesterday launched a new Panamax bulk carrier that will be delivered to Italy's Rizzo-Bottiglieri-De Carlini Armatori SpA Shipping Co, which has ordered seven other vessels...]]></description>
</item>

<item>
	<title>Need for plan to lift consumption</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420317.htm
	</link>
	<pubDate>2009-11-23 0:48:56</pubDate> 
	<category>Macro-economy and policy</category> 
	<author></author>
	<description><![CDATA[HIGH savings and weak consumption were still the main structural problems for China's economy, and the country needed to craft a national plan to boost consumption and adjust the economic structure, an expert has...]]></description>
</item>

<item>
	<title>Reliance may be white knight</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420295.htm
	</link>
	<pubDate>2009-11-23</pubDate> 
	<category>Chemical industry</category> 
	<author></author>
	<description><![CDATA[LYONDELLBASELL Industries said on Saturday that India-based Reliance Industries offered to acquire a controlling interest in the beleaguered chemical company, which is under bankruptcy protection.
 
LyondellBasell...]]></description>
</item>

<item>
	<title>Hershey makes sweeter offer for Cadbury's</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420293.htm
	</link>
	<pubDate>2009-11-23</pubDate> 
	<category>FMCG/food</category> 
	<author></author>
	<description><![CDATA[HERSHEY Co may make a US$17 billion bid for United Kingdom candy company Cadbury Plc, topping the recent US$16.5 billion hostile offer by Kraft Foods Inc, according to The Wall Street Journal.
 
The bid wouldn't...]]></description>
</item>

<item>
	<title>JAL eyes 30% cut in pensions</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420292.htm
	</link>
	<pubDate>2009-11-23</pubDate> 
	<category>Airlines and airports</category> 
	<author>Yoko Kubota</author>
	<description><![CDATA[JAPAN Airlines is mulling to propose a plan to cut pension payments to its retirees by 30 percent on average, a reduction in cuts from its original plea of more than half, the Nikkei business daily said yesterday.
...]]></description>
</item>

<item>
	<title>SkyTeam May Invest More</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420294.htm
	</link>
	<pubDate>2009-11-23</pubDate> 
	<category>Airlines and airports</category> 
	<author>Steve James</author>
	<description><![CDATA[THE chief executive of Delta Air Lines Inc says the SkyTeam alliance of global carriers would be willing to invest more than its proposed US$1.02 billion in Japan Airlines, The Wall Street Journal reported.
 
The...]]></description>
</item>

<item>
	<title>Strong turnout seen for Black Friday retail sales</title> 
	<link>
	
	http://www.shanghaidaily.com/sp/article/2009/200911/20091123/article_420296.htm
	</link>
	<pubDate>2009-11-23</pubDate> 
	<category>Retail</category> 
	<author>Jessica Wohl</author>
	<description><![CDATA[WHEN the United States holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
 
Industry...]]></description>
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