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Financial Insights (03-June-2016)
Financial Insights (03-June-2016):
S.Korea to raise eco-friendly cars to 30 pct of total by 2020
South Korea on Friday announced a plan to increase eco-friendly cars to 30 percent of the combined newly-released vehicles by 2020.
Spotlight: Cooperation with China needed to boost LatAm's development
Latin American and Caribbean countries need to deepen their collaboration with China to boost development in the region.
S. Korea's foreign reserves fall for first time in 3 months
South Korea's foreign reserves fell for the first time in three months as the strong U.S. dollar reduced the value of non-dollar assets.
ECB chief says interest rates to stay longer at low level
ECB announced to continue with the low-interest-rate policy for longer and demanded structural reforms in all countries.
Singapore's PMI contracts for 11th month in May
The Purchasing Managers' Index for Singapore's manufacturing sector came in at 49.8 for May, which is the 11th straight month of contraction.
Financial Insights(02-June-2016)
Financial Insights(02-June-2016):
New Zealand exports to China up in March year
Australia and China retained their places as New Zealand's two top trading partners in the year to the end of March.
Australian research leads to export breakthrough to China
Australian researchers have developed a pest control treatment that has opened up the Chinese market for Queensland nectarine growers.
Russia's reserves dropped 13.4 pct in May
Russia's reserve funds in May plunged 13.4 percent month on month to 2,551 trillion rubles (38,6 billion U.S. dollars).
Swiss coal giant shutters Australian mine in face of depressed market
Swiss-based giant Glencore will shutter it's Tahmoor metallurgical coal mine in New South Wales state by 2019.
Bad debts in S.Korean banks hit 15-year high on corporate restructuring
Bad debts among South Korean banks hit the highest in 15 years.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails