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Friday, 04 July, 2008
BHP Billiton delivers 6,000 medals to BOCOG
CHINA.ORG.CN-BHP Billiton, the official diversified minerals and medals sponsor of the Beijing 2008 Olympic and Paralympic Games, delivered on Thursday a total of 6,000 gold, silver and bronze medals to BOCOG.Clinton Dines, president of BHP Billiton China, …
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Friday, 04 July, 2008
New rules set to stop influx of 'hot money'
CHINA DAILY-The government is ready with new rules to tighten control over speculative capital inflow from abroad, or "hot money".The move follows economists' warning that hundreds of billions of dollars in illegal capital have entered the country in…
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Thursday, 03 July, 2008
Coal group hot
SHANGHAI DAILY-CHINA National Coal Group, the country's second-biggest coal producer by sales, said yesterday profit rose 75 percent in the first half as output gained and prices rose.The state-owned producer's profit was 5.7 billion yuan (US$831 million),…
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Thursday, 03 July, 2008
China Will Inspect Exporters' Settlements to Curb Speculation
BLOOMBERG-China's currency regulator will start inspecting exporters' foreign-exchange settlements this month to deter speculative capital inflows in sham deals, the State Administration of Foreign Exchange said on its Web site. Exporters will be required…
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Wednesday, 02 July, 2008
Coal exports cut
SHANGHAI DAILY-CHINA may reduce the amount of coal it allows to be exported in the second half of the year to ensure adequate domestic supplies as state price controls discourage imports.
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Wednesday, 02 July, 2008
Iron price index idea 'unfair and improper'
CHINA MINING-THE China Iron and Steel Association said it approves of the 2008 iron ore contract prices agreed between Baosteel Group Corp and Rio Tinto but opposes the use of a price index to determine annual rates as proposed by BHP Billiton.In its…
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Tuesday, 01 July, 2008
China National Gold wins Yangshan Gold Mine bid for US$318 mln
CHINA MINING-China National Gold Group Corp, the country's largest gold producer, has won exploration rights for Yangshan Gold Mine, the largest prospected gold deposit in China, said a source close to the situation Friday. The company beat Zijin Mining …
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Tuesday, 01 July, 2008
Chinese shares close 0.45% lower
CHINA DAILY-Chinese shares closed lower on Monday, continuing the downward trend of the previous trading day, dragged down by heavyweights.The benchmark Shanghai Composite Index extended a two-day losing streak, ending 12.33 points or 0.45 percent lower…
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Monday, 30 June, 2008
Power restored in nearly all China quake regions
CHINA COAL RESOURCE-Power has been restored in all quake-hit regions in southwest China's Sichuan Province except two towns inundated by quake-formed lakes, the nation's economic planning agency said here on Friday.
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Monday, 30 June, 2008
Energy bureau gets permission to increase size
CHINA DAILY-The newly elevated National Energy Bureau is to quadruple the size of its work force in a bid to ensure the country's energy supply, which industry insiders have said shows the government is moving toward a unified national energy management…
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