19 Banks of the United States receive the ability test to release loans and are required to increase the amount of capital
By China on April 26th, according to Singapore’s “Lianhe Zaobao,” it is reported that the U.S. government from Friday, privately to the 19 largest banks which accepted stress tests show their test results. Federal Reserve Board showed that even if any unsatisfactory performance of banks, the Government will not let them collapse. However, the Fed has asked 19 banks to raise capital to “significantly” higher than the statutory level.
Hong Kong to residents of Shenzhen released consumption cash coupons of 4,000,000 Hong Kong dollars
Yesterday the first batch of 500 sets was issued, each worth 2381 HK. In order to attract more tourists of Shenzhen to Hong Kong for Tourism consumption, the Hong Kong Tourism Board to work wiith Shenzhen Tourism Bureau yesterday issued 500 sets of the consumption cash coupons, each of value of 2381 Hong Kong dollar. And this activity will be starting in May and continue until the end of the year.
Korean automobile in the first quarter only exported 4.374 billion U.S. dollars, dropped nearly half
Xinhua in Seoul on April 26th, according to the data which Korea Automobile Manufacturers Association statistics published on 26th, in the first quarter of this year, South Korean auto exported 4.374 billion U.S. dollars, only dropped nearly half than the same period last year. South Korean auto export substantially reduced, first, as a result of the impact of the overall decline in market demand of the global economy, and second, because of cheaper of the small and medium-sized South Korean auto exports. According to statistics, South Korea in the first quarter of car exported only 436,300, up to 36.5 percent reduction, but exports reduced by 47.4% year-on-year.
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