China Financial Daily

September 21, 2008

All Over The Country

Filed under: Financial News — Tags: , — Nancy @ 2:28 am -0700

28 listed companies of Shanxi collectively received 22 on-line investors
Shanxi 28 executives of listed companies will be gathered on the afternoon of 22 panoramic network. At the activities on the reception day of on-line investors, they exchanged with investors from all over the country. At the same time, “the region in Shanxi listed companies investor relations platform for interaction” will be opened on the same day.

Commerce Department: not detected melamine and will rebound in domestic powered-milk sales
According to the Ministry of Commerce on 350 key national retailers monitoring, on September 17th it isn’t detected melamine in infant milk powder, so domestic brand sales fell 33% than that of 12nd, up more 20% than that of 18th, a further up over 4% than that of 19th.

Chinese economist of USA, Albert Keidel: China’s economic prospects remain optimistic
In the global economic slowdown, the situation is becoming increasingly clear. If Chinese economy will join the ranks of the global economic slowdown. In this interview the reporter covered, Dr. Paul, a well-known Chinese economist in the United States Carnegie Endowment for International Peace Senior Fellow.

WHO helps China to deal with “powered milk” incident
Ministry of Health has been recently informed the World Health Organization of the progress of the deal with “powered milk” incident, and further exchange views on strengthening cooperation of food safety.

Wen Jiabao: maintain the stability of financial markets and the securities market
Wen Jiabao, at the provincial and ministerial level cadres in the leadership of the main topics for the seminar, stressed the report to take the initiative of all sectors to guide the scientific development up to achieve a longer period of time, a higher level, the better the quality of development.

Adjust the city of Linfen in Shanxi and the main leadership positions in the county of xiangfen
Linfen City, Shanxi Provincial Committee is held in the city of Linfen leading cadres of the General Assembly. Shanxi Provincial Party Committee decided that the Linfen municipal party committee secretary of Xia Zhengui suspended and is checked.

Share/Bookmark

September 19, 2008

People’s Livelihood

Filed under: Financial News — Tags: , , , , — Nancy @ 6:50 am -0700

The national Development and Reform Commission require all localities to firm the infant powered milk’s prices up
After the occurrence of major Sanlu infant powered milk-accident, inorder to avoid the enterprises and businessmen bidding up the price, the national Development and Reform Commission makes a emergency call.

Look back the people’s livelihood on September 19th: There are only 3 computers of RT-mart sales promotion and sold out
On September 19th xinmin.com broadcasted live “ people’s livelihood” between between 4:00 to 4:30 pm, selected some reader’s telephone messages to make simple feedbacks.

The global financial hub was suspected of safety violation or given a ticket
Because of disregarding the fire department’s advice during the try-business period, changing the designing purpose of Sightseeing Room on the 100th floor, the global financial hub will may be punished by the department for fire prevention safety.

Walden International-the celebration of the tenth anniversary of China Entrepreneur Interchange
On September 19th, the celebration of the tenth anniversary of China Entrepreneur Interchange was hold in Beijing, and Sina gave a exclusive living broadcast about this celebration.

Domestic flat panel color TVs increase market share
With the breakthrough in plasma key technology and scalized production, domestic color TV companies are rewriting the situation of flat panel TV market.

Share/Bookmark

September 17, 2008

The acquisition of the Lehman

Filed under: Financial News — Tags: , , , , — Nancy @ 7:01 am -0700

Barclays will purchase part of the Lehman Brothers’ business
Intelligence sources, Barclays Group (Barclays PLC) has reached an agreement with Brothers (Lehman Brothers Holdings Inc.) to acquire the Lehman’s U.S. investment bank and the capital markets business, while as many as 9,000 employees of Lehman Brothers will be remained in the English Bank.

China Polluted Milk Events Spread!
So far, the polluted baby milk events have expanded to more homes from a single incident. The toxic milk has caused two infant deaths, more than 1,200 sick baby, which again highlights the poor control of food and product safety in China.

Fed Considers Contributing 85 billion U.S. dollars to Aid AIG
According to the insider, the U.S. Federal Reserve Board (Fed) is considering to provide 85 billion U.S. dollars of relief to the troubled American International Group (AIG). It would lead to the result the government controls this company, but the specific relief structure is not clear.

The oil and stock:

The Oil Price Drop to 100 $! The Oil Demand of China also Come Slowly.
The anticipatory recession of the world economic enhances and the dollar suddenly strengthen, under the double boost yesterday the international oil price plummeted fell below 100 $, reaching to 94.15 $ as the lowest line.

The Global Stock Market Crashed and cumbered the A-share, Hu-shares fell 2000 points
Although the central bank published favorable policies of the lower lending rates and some financial institutions deposit reserve ratio, it’s still difficult to offset the encumbrance to the A-share market from the global stock market crash.

Share/Bookmark

Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress