Archive for April, 2008
The market expect the Fed to cut U.S. house prices is accelerating down

In the United States Federal Reserve Board announced that the interest rate decision, investors cautious attitude, the New York Stock Exchange narrow range on the 29th concussion, the three major indexes ended mixed. On the 29th market close attention to Federal Reserve Open Market Committee held on the same day of a two-day monetary policy […]

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Rearrangement of the first quarter of bank loans seating strokes Shenzhen Development Bank incremental dropped significantly

Pacesetter, "Fall" the first quarter of seating rearrangement mortgage bank credit tightening policy, commercial banks mortgage market share in the first quarter of rearrangement seating. Reporters from several commercial banks access to the data, nine joint-stock banks in accordance with the first quarter increase in loans for personal consumption indicators, in the past "modest" China […]

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Ping An Insurance reports Q1 profit up 25.2%

    BEIJING, April 29 (Xinhua) — Ping An Insurance Group, China’s second largest life insurer, said on Tuesday that its first-quarter net profit rose 25.2 percent year-on-year on premium growth, offsetting lower investment returns.     Net income rose to 4.96 billion yuan (about 709 million U.S. dollars), the Shenzhen-based company said in a statement to the […]

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ICBC says Q1 profit jumps 76% on fees, loan growth

    BEIJING, April 29 (Xinhua) — The Industrial and Commercial Bank of China (ICBC), the country’s largest lender, said on Tuesday its first-quarter after-tax profit surged 76.1 percent year-on-year on loan growth and income from intermediate business.     First-quarter profit was 33.28 billion yuan (about 4.75 billion U.S. dollars), or 0.1 yuan per share, under international accounting […]

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Whirlpool, Hisense set up China joint venture

    QINGDAO, Shandong, April 29 (Xinhua) — Whirlpool, the world’s leading home appliance maker, and Chinese conglomerate Hisense have formed a joint venture for global consumers.     The 50-50 joint venture will invest about 900 million yuan (129 million U.S. dollars) to produce high-end washing machines and refrigerators under the Hisense and Whirlpool brands, they announced in […]

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China’s oil consumption hits record high in Q1

    BEIJING, April 29 (Xinhua) — Soaring oil prices have not slowed China’s consumption of oil as statistics show that China’s apparent consumption of crude oil and refined oil products both hit record highs in the first quarter of the year.     According to statistics released Tuesday by the China Petroleum and Chemical Industry Association (CPCIA), China’s […]

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Zhuhai, Guangdong Province: 2003 to address urban housing problems of low family hardship

Recently, the Zhuhai Municipal Government issued the "2008-2010 Zhuhai City in low-income urban families solve housing difficulties in the overall plan," so that Zhuhai 7,897 housing families eat "reassurance." The next three years, the Zhuhai City will launch low-cost housing units in 1899, 5,072 new sets of economic housing units, through Shiwupeizu, monetary subsidies and […]

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May 1 holiday Fangzhan popularity or the accumulation of the year to enhance judgement

Once the "golden week" holiday system, making the annual "May 1" and "11" have become people spending the long holiday shopping and tourism. Beginning in 2002, with a substantial acceleration of commercial housing construction, Fang Chanshang also from the use of these two holidays by the accumulation of gold flows popularity, in the city centre […]

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Beijing 28 residential land to the recent stock market

At the West Fifth Ring Road intersection with the Lotus-the plot is the developers Yamen mouth of agreement "aimed at" hot spots block. Figure / CFP More concerned about regional distribution in the hot, developers said would enhance the "confidence" Another 13 commercial and public construction sites in accordance with the same period in the […]

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China sees mobile phone production growth slow in Q1

    BEIJING, April 29 (Xinhua) — China witnessed a significant slowdown in mobile phone production in the first quarter of this year, as a result of the ongoing upgrading of product build-up.     The Ministry of Industry and Information said on Tuesday that between January and March, 141.29 million mobile phones were produced, a growth of 6.7 […]

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