Funds in flux but big yields still elusive

Qualified domestic institutional investor (QDII) funds are fluctuating after plummeting at the end of last year, but analysts said more geographic and portfolio diversity is needed.

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Business Roundup

Gold, oil hit records on US rate cut talk

Gold and fuel oil futures surged to record highs in Shanghai yesterday on anticipation of more US dollar depreciation triggered by today's expected US interest rate cut.

Miles to go in fulfilling aviation ambition

Any other top boss of a domestic cargo carrier might have felt relieved after last year's air cargo volume topped the previous year's, but not Li Jiaxiang.

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Business Roundup

Barclays weathers subprime storm

The US subprime crisis is a nightmare for many international financial institutions. But for Barclays, the UK's third largest bank, it also represents a good opportunity for an industry reshuffle.

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Special Supplement

Tsingtao Beer raising a toast to the Olympics

QINGDAO: As a sponsor of the 2008 Beijing Olympics, Tsingtao Beer is preparing to raise its glass in a toast to the entire world