Wall Street ended slighter higher on Wednesday after fears eased that the Federal Reserve would strongly signal plans for a June interest rate hike. The Dow Jones industrial average rose about 0.3 percent. The SP 500 gained 0.16 percent. The Nasdaq C...
In southwest Chinas Yunnan province, construction of a high-speed railway connecting the capital city of Kunming with Shanghai has just been completed. The high-speed railway is the first for Yunnan. The route is about 380 kilometers and connects the...
Chinas Ministry of Industry and Information Technology has said the countrys industry had a good start to 2016. During a press conference, ministry spokesman Zheng Lixin said key indicators show improvement. In this years first quarter, China's indus...
Mitsubishi Motors admitted last week to using improper fuel-efficiency testing procedures to present inaccurate fuel consumption rates. The scandal came as a surprise to many. But for Hideyuki Kobayashi, a business law professor at Hitotsubashi Unive...
The Federal Reserve left interest rates unchanged on Wednesday, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy. It's been hard recently to...
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Residents in major economies such as the US and Japan have been enjoying ultra low interest rates for a long time. People in Japan are even seeing negative rates. Take a look at how people in those countries are planning their personal finances in su...
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At the press conference, the Ministry of Industry and Information Technology detaield the five major industrial project packages, under the Made in China 2025 national strategy. The projects cover such areas as smart and green manufacturing and the c...
China's gold demand was 867 tons in 2015, down 7 percent from a year earlier. The downward trend continued in the first three months of this year. Consumption came in at about 318 tons in the first quarter, off nearly 4 percent from the same period i...
Australian and Chinese officials say the Free Trade Agreement between the 2 countries is filled with untapped potential for cross border business. But they warned at a trade event in Sydney this week that the historic agreement doesnt guarantee succe...
Related reading: WASHINGTON, April 28 (Xinhua) -- The U.S. economy grew at an annual rate of 0.5 percent in the first quarter of this year, being pulled back by slowing consumption, the Commerce Department said Thursday. The growth was lower than the...