Business - NsNewsWire

China expresses concern about EU steel protectionism

BEIJING, Dec. 10 (NsNewsWire) — China on Friday expressed concern over the European Commission’s anti-dumping investigations into Chinese corrosion-resistant steel, the latest in a series of trade measures against Chinese products this year. “China is paying close attention to and worried about the European Union (EU)’s tendency toward steel protectionism,” said Wang Hejun, a senior […]

Chinese shares close lower Thursday over mixed economic data

BEIJING, Dec. 8 (Xinhua) — Chinese stocks closed lower Thursday, with the benchmark Shanghai Composite Index edging down 0.21 percent at 3,215.37 points. On the fourth day of the Shenzhen-Hong Kong stock link, the smaller Shenzhen index closed 0.40 percent lower at 10,812.3 points. Turnover on the two exchanges rose to 454.6 billion yuan (66.1 […]

Starbucks eyes China market expansion in next five years

NEW YORK, Dec. 8 (NsNewsWire) — Starbucks said on Wednesday that its fast-growing China market could one day eclipse that in the U.S.. The company unveiled its five-year strategic plan at its biennial investor conference on Wednesday in New York City, reports Xinhua. According to the plan, the company eyes to grow revenue by 10 […]

Experts say Australia must turn to China’s leadership on free trade after Trump election

MELBOURNE, Dec. 8 (Xinhua) — China’s position as a global leader on free trade will be enhanced by the death of the Trans Pacific Partnership (TPP), experts have told the Boao Forum for Asia in Melbourne on Thursday. Deming Chen, president of the Association for Relations Across the Taiwan Straits and China’s former commerce minister, […]

INFINITI sets new November sales record with more than 4,000 vehicles sold in China

HONG KONG, Dec. 6 (Xinhua) — INFINITI released its global sales figures for November Tuesday, showing total November sales were up 5 percent year on year. In China, sales hit record, with a 6 percent increase compared with the same month last year. Total November sales of more than 20,000 were up 5 percent versus […]

Tibet airport handles over 3 mln passengers

LHASA, Dec. 6 (Xinhua) — The number of passengers handled by Lhasa Konggar Airport in Tibet exceeded 3 million this year, showing the rapid development of its civil aviation industry. The airport in Lhasa, capital of Tibet Autonomous Region, opened in 1965. It saw passenger numbers exceed 1 million in 2006 and 2 million in […]

Tokyo shares close higher as Italy uncertainty concerns dispelled

TOKYO, Dec. 6 (Xinhua) — Tokyo shares closed higher Tuesday as investors shake off political uncertainty in Italy sparked by Italian Prime Minister Matteo Renzi’s lose in a referendum over his proposals for constitutional reforms. The 225-issue Nikkei Stock Average ended up 85.55 points, or 0.47 percent, from Monday at 18,360.54. The broader Topix index […]

GP Accelerator Demo Day held at GP House

DHAKA, Dec. 4 (NsNewsWire) — Grameenphone Accelerator hosted a Demo Day for the second batch of graduates of the program, at the Grameenphone Corporate Headquarters, GPHouse, in Bashundhara, Sunday. The five startups of the GP Accelerator program – BuzzAlly, Socian, Cramstack, Ghuri, and CMED – presented their business ideas at the event, in front of more […]

Robi improves customer’s smartphone Experience with ERICSSON 3G Flow of Users

DHAKA, Dec. 4 (NsNewsWire) — Robi, the second largest operator in Bangladesh, has noted significant improvements in both voice and data user experience following the implementation of Ericsson’s 3G Flow of Users in its network. Without adding equipment, Robi’s country-wide is now able to carry 5 percent more voice calls, while users enjoy 13 percent […]