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Industry Trends

China’s New Loans Top Estimates in Boost for Economy

China’s new yuan loans and money supply topped estimates in May as the government supports economic growth while reining in shadow banking.Local-currency loans were 870.8 billion yuan ($140 bi...

Date: 2014-06-13

China Pledges Spending and Lower Taxes in Growth Effort

China announced new steps aimed at bolstering slowing economic growth by cutting taxes, spending more on developing the Yangtze River region and expanding financing for exporters.China will boost p...

Date: 2014-06-12

Asian Stock Indexes Drop With Euro; Aussie Yields Climb

Most Asian stocks indexes fell, with the regional benchmark gauge trading near a one-year high. The euro slipped against most major peers and Australian bonds followed Treasuries lower before a sal...

Date: 2014-06-11

Asia Stocks Rise for Fourth Day Before China CPI Report

Asian stocks rose, with the regional benchmark index advancing a fourth day after U.S. shares climbed to a fresh record, amid optimism about the outlook for the world’s two biggest economies....

Date: 2014-06-10

Asian Stocks Rise With Yuan, U.S. Yields on Outlook Boost

Asian stocks rose, with the regional index headed for a seven-month high, while emerging-market currencies climbed with U.S. bond yields as Chinese exports and Japanese economic growth beat estimat...

Date: 2014-06-09

Hess, PetroChina sign China's 1st shale oil deal

U.S. energy company Hess Corp has signed a production- sharing contract with PetroChina, China's first joint agreement to develop a shale oil block, the companies said on Wednesday....

Date: 2013-07-30

Valin inks JV with global steel giant

ArcelorMittal SA, the world's largest steel and mining company, hopes to help China's auto industry ease its reliance on imported high-end steel through a 5.2 billion yuan ($842.16 million) joint venture with Hunan Valin Steel Co Ltd....

Date: 2013-07-30

Saskatoon potash producer signs agreement with China

Saskatoon Gensource Potash Corp, a Saskatchewan potash producer, has signed an agreement with China to develop potash projects in the province, Global News reports....

Date: 2013-07-30