Regional News

18.03.2019

SCO to hold joint anti-terrorism exercise in 2019

The Shanghai Cooperation Organization's (SCO) member states will hold a joint anti-terrorism exercise Sary-Arka-Antiterror 2019, the Council of the Regional Anti-Terrorist Structure (RATS) of the SCO said on Friday.

The decision to hold a joint exercise was announced during the 34th meeting of the RATS council held in Tashkent, Uzbekistan. Delegations...

The Shanghai Cooperation Organization's (SCO) member states will hold a joint anti-terrorism exercise Sary-Arka-Antiterror 2019, the Council of the Regional Anti-Terrorist Structure (RATS) of the SCO said on Friday.

The decision to hold a joint exercise was announced during the 34th meeting of the RATS council held in Tashkent, Uzbekistan. Delegations...

18.03.2019

China sees rising FDI inflows in Jan-Feb

Foreign direct investment (FDI) into the Chinese mainland expanded 5.5 percent year on year to reach 147.11 billion yuan in the first two months, the Ministry of Commerce (MOC) announced Friday.

In dollar terms, FDI inflow grew 3 percent year on year to 21.69 billion U.S. dollars during the period, the...

Foreign direct investment (FDI) into the Chinese mainland expanded 5.5 percent year on year to reach 147.11 billion yuan in the first two months, the Ministry of Commerce (MOC) announced Friday.

In dollar terms, FDI inflow grew 3 percent year on year to 21.69 billion U.S. dollars during the period, the...

18.03.2019

China’s steel, iron market to flourish in near future: newspaper

China’s steel and iron industry will embrace a bullish outlook thanks to the country’s further tax cuts, urbanization and downstream demand, the Economic Information Daily reported.

The country will reduce the current value-added tax (VAT) rates from 16 percent for manufacturing and other industries to 13 percent, which will lower the...

China’s steel and iron industry will embrace a bullish outlook thanks to the country’s further tax cuts, urbanization and downstream demand, the Economic Information Daily reported.

The country will reduce the current value-added tax (VAT) rates from 16 percent for manufacturing and other industries to 13 percent, which will lower the...

18.03.2019

Chinese shares close higher Friday

Chinese stocks closed higher Friday with stocks related to the free trade zone in Shanghai and brewing sector leading the gains.

The benchmark Shanghai Composite Index rose 1.04 percent to close at 3,021.75, while the Shenzhen Component Index increased 1.41 percent to 9,550.54.

Combined trading volume of the two indexes shrank to...

Chinese stocks closed higher Friday with stocks related to the free trade zone in Shanghai and brewing sector leading the gains.

The benchmark Shanghai Composite Index rose 1.04 percent to close at 3,021.75, while the Shenzhen Component Index increased 1.41 percent to 9,550.54.

Combined trading volume of the two indexes shrank to...

18.03.2019

Russian rouble gathers clout on domestic paper market consolidation

The Russian rouble rallied on Friday to its strongest level since October 2018, helped by month-end tax payments, which usually prompt export-focused companies to convert their foreign currency to meet local liabilities.

Taxes could amount to as much as 2.9 trillion rouble ($44.3 billion) this month, nearly double February’s level, a...

The Russian rouble rallied on Friday to its strongest level since October 2018, helped by month-end tax payments, which usually prompt export-focused companies to convert their foreign currency to meet local liabilities.

Taxes could amount to as much as 2.9 trillion rouble ($44.3 billion) this month, nearly double February’s level, a...


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