Competition fierce to be first non-Asian yuan settlement service
Global enthusiasm for yuan-denominated transactions experienced a rare decline in February as the currency's decade-long appreciation came to a halt, and volatility picked up.
Industrial and Commercial Bank of China Ltd posted a net profit of 263 billion yuan ($42.3 billion) in 2013, up 10.2 percent from the previous year.
Lenovo Group Ltd is aiming to sell 1 million "smart" television sets in China this year after releasing a highly anticipated second-generation flagship product on Thursday.
ZTE Corp, the seventh-biggest smartphone maker, expects sales of fourth-generation (4G) phones to make up at least 40 percent of its global smartphone shipments in 2014, a company executive said on Thursday.
Citic Pacific's share price rose as much as 31 percent on Thursday after its parent company Citic Group's injected assets.
Airbus SAS received 70 aircraft orders from China during Chinese President Xi Jinping's visit to France on Wednesday, but the orders varied in both number and aircraft types from earlier speculation.
Judging from the economic data released so far this year, China's first-quarter GDP growth rate will probably be about 7.3 percent, said DBS Bank (Hong Kong) Ltd on Thursday.
Financial people tend to describe markets in meteorological terms, such as market "turbulence" or financial "tsunamis". These words vividly convey market conditions, so I would like to draw on further meteorological analogies to make my points.
Chinese financial authorities plan to relax supervision over the operation of securities by introducing a "negative list" into the industry, China Securities Journal reported on Thursday.
The World Trade Organization released a report on Wednesday, saying China's export restrictions on rare earths, molybdenum and tungsten are incompatible with WTO rules.
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