Concern over hazards near new railway

2011-06-11 09:20:23

Although due to start commercial operations in late June, the Beijing-Shanghai high-speed railway still has some safety problems, senior railway officials said on Thursday.

Import growth narrows May trade surplus

2011-06-11 09:17:54

China's trade surplus for May narrowed by 33 percent from a year earlier to $13.1 billion, as exports slowed and import growth quickened, according to the General Administration of Customs.

Hong Kong lowers travel alert for Japan

2011-06-10 17:40:10

The Hong Kong Special Administrative Region Government Friday adjusted the Black Outbound Travel Alert (OTA) to Red for four prefectures in Japan and removed the Amber OTA for the rest of the country.

Hong Kong stocks close 0.84% lower

2011-06-10 17:39:31

Hong Kong stocks went down 189. 46 points, or 0.84 percent, to close at 22,420.37 on Friday.

China earmarks $5b for transportation projects

2011-06-10 17:20:12

The Chinese central government has allocated 32.06 billion yuan ($4.9 billion) to set up a special fund to support major transportation projects across the country, the Ministry of Finance (MOF) said Friday.

EU carbon rule will generate distrust

2011-06-10 17:06:38

If the EU carbon rule is implemented, it is likely to slow down the recovery of tourism, particularly in the EU, hurt the growing aviation industry in emerging economies, and create distrust that will hinder a global alliance to tackle climate change.

Citic to buy Credit Agricole brokerage stakes

2011-06-10 16:47:11

Citic Securities Co plans to acquire 19.9 percent of Credit Agricole SA’s brokerage units, CLSA and Credit Agricole Cheuvreux, for $374 million.

Fighting financial cybercrime

2011-06-10 16:43:16

Apart from global oil, energy, petrochemical and retail companies, electronic banking systems have been one of the main targets of cyber attacks.

China stock index futures close lower -- June 10

2011-06-10 16:42:27

China's stock index futures closed lower on Friday with the contract for June, the most actively traded, down 0.42 percent from the previous day to 2,947.6 points.