China’s central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry.
<a href=’http://news.xinhuanet.com/english/2015-12/29/c_134959361.htm’ target=’_blank’>Oil prices plunge amid oversupply worries</a>
Oil prices declined Monday as market continued to be plagued by an oversupply of crude oil in global markets.
<a href=’http://news.xinhuanet.com/english/2015-12/26/c_134953056.htm’ target=’_blank’>China targets agricultural supply-side reforms</a>
An annual rural work conference concluded on Friday, agreeing to push forward supply-side reform in agriculture to speed up modernization.
<a href=’http://news.xinhuanet.com/english/2015-12/24/c_134948138.htm’ target=’_blank’>Japan’s cabinet green-lights record budget for FY 2016, challenging fiscal reform goals ahead</a>
Prime Minister Shinzo Abe’s cabinet on Thursday approved a record budget for fiscal 2016 which will rely on robust corporate profits and interest payments to tackle the nation’s burgeoning welfare costs and mounting public debt.
<a href=’http://news.xinhuanet.com/english/2015-12/22/c_134942167.htm’ target=’_blank’>U.S. economic growth revised down to 2 pct in Q3</a>
The U.S. Commerce Department on Tuesday revised down its estimate for the real gross domestic product(GDP) in the third quarter to a growth of 2 percent, slightly lower than its last projection of 2.1 percent.
<a href=’http://news.xinhuanet.com/english/2015-12/19/c_134932071.htm’ target=’_blank’>U.S. stocks keep falling as oil weakness weighs</a>
U.S. stocks tumbled for the second straight session Friday, as falling oil prices weighed on Wall Street sentiment.
The proportion of e-buyers among EU countries was highest in the United Kingdom in 2015, followed by Denmark, Luxembourg and Germany, Eurostat, the statistical office of the EU said on Friday.
<a href=’http://news.xinhuanet.com/english/2015-12/11/c_134908248.htm’ target=’_blank’>DuPont, Dow to merge in $130 bln deal</a>
U.S. chemical giants DuPont and Dow Chemical Friday announced their merger in an all-stock deal worth up to approximately 130 billion U.S. dollars.
<a href=’http://news.xinhuanet.com/english/2015-12/11/c_134908220.htm’ target=’_blank’>China approves shipping giants’ restructuring</a>
China’s cabinet has approved the restructuring of the country’s two biggest shipping conglomerates, creating the largest oil tanker fleet in the world and the fourth biggest container line.
German automaker Audi AG reported on Friday that around 147,750 vehicles were sold in November, a year-on-year increase of 1.0 percent.