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Rescue Efforts

Stock Markets

Financial Institutions

6th China-ASEAN Expo popular around world

China, Russia expand economic cooperation

West China sees GDP grow 12.5% in first nine months

The gross domestic product (GDP) of China's western regions rose 12.5 percent in the first nine months from a year earlier, China's top economic planner said Thursday.

China's economic growth to top 9% next year: agency

China's economy is expected to grow by 9 percent next year on robust property and automobile sectors, chairman of CCXI said Tuesday.

Maiden flight of Air France's A380 imminent

Air France is going to lift up its first A380 on Friday, thus becoming the first European airway company to put the superjumbo into service.

U.S. housing starts fall 10.6% in October

U.S. construction of new homes unexpectedly plunged by 10.6 percent in October to a seasonally adjusted annual rate of 529,000, the Commerce Department reported Wednesday.

Australia approves Chinese investment in molybdenum mining company

Australian regulators have given the green light to a Chinese entity to take control of molybdenum mining hopeful Moly Mines Ltd for 200 million U.S. dollars.

more top stories

　Latest Business News

Nikkei closes below 9,500, tech-shares, exporters weigh heavily

Chinese shares dip after electricity price increase

EU economy out of recession, but recovery slow

Moody's: Brazil's GDP to grow 4.5% in 2010

ECLAC: Nearly 200 mln poor in L. America in 2009

Hebei Sanyuan, CAG agree on split of Sanlu assets

WTO allows Brazil to impose sanctions on U.S. over cotton trade

U.S. stocks fall on stronger dollar, weak economic data

U.S. economic leading indicator increases in October

Investors rule out U.S. Fed rate hike anytime soon

　Timeline

June 1, 2009 - General Motors Corp. filed for bankruptcy protection.

May 1, 2009 - Chrysler LLC officially announced that it will file for Chapter 11 bankruptcy.

March 30, 2009 - Obama announced a plan to help the auto industry restructure.

	Rescue Efforts

	Stock Markets

China to float 15 bln yuan T-bonds next week

39th ASEAN bankers' council meeting held in Cambodia

S Korea eyes naked bond short-selling

French gov't unveils debt plan to enhance development

S Korea to ease investment rules, foreign entry procedures

Hebei Sanyuan, CAG agree on split of Sanlu assets

China Enterprises Index falls 1.05%

Hong Kong stocks close 0.87% lower

ChiNext stock index down

Nikkei closes below 9,500, tech-shares, exporters weigh heavily

Chinese shares dip after electricity price increase

Chinese shares open lower on Friday

	Financial Institutions

	Real Economy

Jobless rate to rise in developed nations: World Bank chief

Asia needs more trade finance support from multilateral banks: ADB

United Commercial Bank 120th bank to fail this year in U.S.

S Korea's Ssangyong fails to earn approval on turnaround plan from creditors

British central bank decides to enlarge program of asset purchasing

Lenovo returns to profit in Q2

China telecom sector reports nearly 700 bln yuan in main business revenue by Oct.

Hong Kong's October underlying CPI falls 0.3%

Japan's central bank chief denies differences between BOJ, government

China's economy to expand 9.4% in 2010, report forecasts

Inflation on the way, but slowly: expert

ZTE to boost advance researches to tap high-end markets

	Futures Markets

	Currencies

World Bank chief economist warns China of deflation, overcapacity

World oil demand to fall 1.63% in 2009: OPEC

Motorola takes steps to capitalize on exciting opportunities in China

Economic recovery uncertain: Italian central bank governor

CNPC to speed up oil assets purchase plan

Think tank revises Taiwan's growth outlook downward

Dollar rises amid weak U.S. economic data

S Korea's foreign currency borrowing marks net fall in 2009

Dollar rises as euro zone policymakers supports Bernanke on strong dollar

Chinese exporters fear new wave of exchange rate fluctuations

Dollar ends week lower as euro zone exits recession

Indonesia's rupiah forecast to strengthening: central bank

　China's Economy

Profits of China's central SOEs more than doubled in Oct

Malaysia oks license to China's largest commercial bank

Hong Kong transport sector receipts up 4.7%

　Analysis/Comments

Chinese central bank governor: Low rates could discourage financing real economy

WB expert: Pursue industrial change for economic growth

Expert: Less net exports growth expected in SEA over medium term

　Backgrounder

Backgrounder: IMF/World Bank annual meetings

Backgrounder: World Bank

Backgrounder: International Monetary Fund

Backgrounder: Developments of global financial crisis