Imported Milk increased more than 15% This Month
Following the collective price increasing in the April this year, the imported milk will increase its price again. The reporter learned that, BMS lauched the upgrading milk in more 15% prices last week, and Abbott are also being assessed, then rise its prices.
Tourism is the Strong Support to Expand Domestic Demand and Keep its Growth Stability
Recently, the National People’s Congress Standing Committee, vice chairman of the China Democratic National Construction Association, the economical professor, GuShengzu said: Facing the grim situation outside and the difficulties of manufacturing sector, it’s the key to expand domestic demand actively to complete the overall task of “securing and controlling” .
Fashion and Cheap Car — Peugeot 307 for a max offer 15,000 yuan
Yesterday, we learnt from several DongFeng Peugeot dealers in Beijing area that the recent price of Peugeot 307 is relatively stable compared to the eve of the Olympic Games.
Lehman Filed for Bankruptcy — the Rare Financial Crisis
September 14, Barclays Bank announced that, in the absence of the federal government’s and other banks’ financial support, they can’t deal with their “fate hanging line” — Lehman brother, so all the potential acquirers stop their steps.This well-known investment bank, having a 158-year history, have filed for bankruptcy protection.
The Global Financial Crisis , Calling China Rescue the Market
People’s Bank of China announced that, drop down one-year RMB loans benchmark interest rate 0.27 percentage points since the September 16.
Sales Volume increased 20% on Mid-autumn Festival
Yesterday, the reporter learned from the supermarket that the Sales Volume increased 20% approximately on Mid-autumn Festival of 2008.
Huiyuan: Coca cola has not submitted the Application
The vice president and chief financial officer of Huiyuan, Wu Yuqiang said that the only obstacle was to get the approval from relevant authorities, but Coca-Cola has not yet submitted the application in respect of the transaction.
Chinese Communication Service makes 567 million Earnings in this half year
The supplier of Telecommunications supporting service, Chinese Communication Service (00552) yesterday announced that in the first half of this year, the earnings of shareholders reach 567 million yuan, which increases 11.3%.
Other News:
A: In August, there were six foreign investment institutions having been granted QFII qualification.
B:Space Communications announced that the issuance validity of non-publicity issuance stock project had expired, so the project was automatically invalid.
C:International oil prices fell below 100USD, which created the lowest point in these seven months.
D: Lehman Brothers applied for bankruptcy protection, while Merrill Lynch also agreed to be sold to Bank of America with 44 billion USD. The bankruptcy will hit China.
Fall of Oil Price has Lagged Effect on PPI
The international and domestic crude oil prices have no connection, but the transmission effect of the declining international oil price could not immediately embody the data of PPI in August. So the decline of oil price has the lagged effect on PPI data.
Oil Prices Decline & Bunker Adjustment Factor
From September 8, 2008, Lufthansa Airline Company reduces the bunker adjustment factor for intercontinental courses as the decline of oil prices. The flight from China to North America, South America and Africa, the bunker adjustment factor is adjusted to 160 euros for each direction.
AAA Texas: Gas Prices Remain Steady in Most Texas Cities in Anticipation of Hurricane Ike
HOUSTON, TX, Sep 11, 2008 (MARKET WIRE via COMTEX) — The average price of a gallon of gasoline dropped almost a penny in Texas compared to last week. The state average of $3.537 is about 14 cents lower than the national average which stayed about the same at $3.678.
Other News
A: China Life Insurance announced the placard that they would plan to invest “China Life Insurance Asset—debt investment plan of Tianjin Tig Urban Resources”, the investment volume is eight billion yuan and the investment period is 12 years.
B: Vanke issued the notice to clarify the reports from some media and make it clear that they could not accept any compensation, check-out requirement without law and contract basis.
C: The related official of State Development and Reform Commission says that China is now speeding up the management approach establishment on Private Equity Fund.
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