Doug Schock shook his head in disbelief while gazing at the empty bank of elevators, typically full as they shuttle thousands of buyers between dozens of showrooms filled with the latest styles in sofas, bedroom sets, and dining room tables and chairs.
Chrysler LLC has been given until today to reach an agreement on a new contract with the United Auto Workers or face a possible strike, people familiar with the negotiations said.
Crude oil rose a second day in New York as stockpiles in the US Midwest fell to a 21-month low and a storm formed south of fields in the Gulf of Mexico.
The approval of gold futures' debut on Shanghai Futures Exchange (SHFE) is catching the attention of not only institutional investors but retail investors looking for an attractive alternative to shares and stocks.
Toshiba, one of the most famous Japanese firms in China, has spelt out a hugely ambitious plan to grow its Chinese business to as big as its home market in the medium term. Takaaki Tanaka, former head of the overseas business development department of Toshiba, was assigned to lead Toshiba's Chinese business in February. In this exclusive interview with China Daily reporter Liu Baijia, he talks about Toshiba's strategies and goals.
New home mortgage approvals rose 10.9 percent to HK$19.3 billion in August thanks to the city's fast growing economy, according to the Hong Kong Monetary Authority (HKMA).
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