Archive for the ‘News’ Category
Financial regulator to demand transparency in house prices
March 10th, 2010 | 
Author: (ChinaPost.com.tw) – The chairman of the Financial Supervisory Commission (FSC) said Wednesday that his agency plans to ask banks to improve the transparency of information disclosed relating to real estate prices, as part of efforts to curb housing prices.
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World’s biggest oil trader Vitol ends supplies to Iran
(ChinaPost.com.tw) – The largest oil trader in the world, Vitol, said Monday it had stopped dealing with Iran, following a report that traders were pulling out of the country as sanctions and U.S. pressure took their toll.
UK retail sales up 2.2 % in February: consortium
(ChinaPost.com.tw) – Retail sales in the United Kingdom rose 2.2 percent in February compared to a year earlier as better weather helped reverse a drop in sales in January, the British Retail Consortium said Tuesday.
Russia’s Rosatom proposes nuclear fuel leasing
(ChinaPost.com.tw) – Russia’s state nuclear giant Rosatom on Monday proposed leasing nuclear fuel to countries that need it and then taking it back for treatment in order to avoid proliferation.
Eurotunnel turns profit despite global crisis, fire
(ChinaPost.com.tw) – Eurotunnel, the company that manages the tunnel link between Britain and France, turned in a slight profit last year despite the effects of the global economic crisis and a fire, it said on Tuesday.
Deutsche Post Q4 net loss narrows to US$385 million
(ChinaPost.com.tw) – German mail and logistics company Deutsche Post AG says its net loss for the fourth quarter narrowed to 283 million euros (US$385 million) largely because of a cost savings program.
Leibovitz turns to private equity to save photos
(ChinaPost.com.tw) – U.S. photography icon Annie Leibovitz has turned to a private equity firm for loans to help deal with huge debts which had put her at risk of losing her library of famous pictures, a paper reported Tuesday.
CEPD chief favors partial credit controls to curb housing fever
(ChinaPost.com.tw) – The chairman of the Cabinet-level Council for Economic Planning and Development (CEPD) said Wednesday that he favors tightening credit controls conditionally to curb soaring housing prices, but added that he does not agree with raising bank interest rates to serve that end.
McDonald’s key sales figure rises in February
(ChinaPost.com.tw) – Strong overseas growth for McDonald’s Corp. in February outweighed U.S. sales that barely nudged upward as the world’s largest fast-food chain posted a 4.8 percent increase in sales at restaurants open at least a year.
EADS takes hit for A380, A400M in fourth quarter
(ChinaPost.com.tw) – Airbus parent company EADS NV said Tuesday that provisions for its military transport plane and its A380 superjumbo led to losses in the fourth quarter and full year.