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<a href=’http://news.xinhuanet.com/english/business/2014-08/28/c_126926169.htm’ target=’_blank’>Britain leads European hubs on fueling RMB business</a>

 Economy
Aug 282014
 

Britain leads the European hubs on fueling Renminbi (RMB), or Chinese yuan, internationalization, with a 123.6 percent growth of RMB payments value between July 2013 and July 2014, said SWIFT in its latest RMB Tracker report this week.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/photo/2014-08/28/c_133593224.htm’ target=’_blank’>Moscow International Automobile Salon</a>

 Economy
Aug 282014
 

Moscow International Automobile SalonThe booth of Nissan is seen during the Moscow International Automobile Salon in Moscow, Russia, on August 27, 2014. The Automobile Salon will last till September 7.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/business/2014-08/28/c_126926144.htm’ target=’_blank’>Gold down on strong U.S. stocks</a>

 Economy
Aug 282014
 

Gold futures on the COMEX division of the New York Mercantile Exchange dropped slightly Wednesday as U.S. stocks continued advancing with the Dow Jones Industrial Average challenging uncharted territory.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/business/2014-08/28/c_126926189.htm’ target=’_blank’>Crude prices flat after supplies report</a>

 Economy
Aug 282014
 

Crude prices steadied Wednesday as a government report showed U.S. crude inventories at Cushing, the contract’s delivery point, increased last week, meeting expectation.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/china/2014-08/27/c_126925973.htm’ target=’_blank’>China’s economy faces challenges despite steady performance</a>

 Economy
Aug 282014
 

China’s economy is facing multiple domestic and international challenges despite its steady performance in the past seven months, said a senior economic official in Beijing on Wednesday.

 Posted by XINHUANEWS at 11:00 pm  No Responses »

Moldovan, Romanian PMs inaugurate gas pipeline linking two countries

 Economy
Aug 282014
 

The interconnector”Iasi-Ungheni”gas pipeline is 43.2 km long and has an annual transportation capacity of 1.5 billion cubic meters,covering about one third of Moldova’s needs s. The first transit of natural gas from Romania will be undertaken on Sept.

 Posted by XINHUANEWS at 8:00 pm  No Responses »

Qantas shocks market by posting 2.84 billion AUD full-year loss

 Economy
Aug 282014
 

Australia’s national flag carrier, Qantas, has shocked the local market by recording a loss of 2.8 billion Australian dollars (2.6 billion U.S. dollars), around three times worse than expected.

 Posted by XINHUANEWS at 8:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/world/2014-08/27/c_126921254.htm’ target=’_blank’>ASEAN+3 countries maintain trade, investment momentum despite challenges: joint statement</a>

 Economy
Aug 272014
 

The joint statement was issued following the 17th Consultations between the ASEAN Economic Ministers (AEM) and Economic Ministers of China, Japan and South Korea held as part of a series of related meetings of the 46th AEM.

 Posted by XINHUANEWS at 8:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/business/2014-08/27/c_133586317.htm’ target=’_blank’>U.S. house prices rise for 12th consecutive quarter with lower rate</a>

 Economy
Aug 272014
 

U.S. house prices rise for 12th consecutive quarter with lower rate U.S. house prices remained on an upward track in the second quarter of 2014 while the momentum has slowed down, the Federal Housing Finance Agency (FHFA) reported Tuesday.

 Posted by XINHUANEWS at 8:00 pm  No Responses »

<a href=’http://news.xinhuanet.com/english/business/2014-08/27/c_133586313.htm’ target=’_blank’>U.S. consumer confidence rises further in August</a>

 Economy
Aug 272014
 

U.S. consumer confidence, which reached the highest level since October 2007 in July, improved further in August, the New York-based research group Conference Board said Tuesday in a report.

 Posted by XINHUANEWS at 8:00 pm  No Responses »
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