Gold price closes lower in Hong Kong -- June 9

6月 9, 2010

HONG KONG, June 9 (Xinhua) -- The gold price in Hong Kong went
down 68 HK dollars to 11,468 HK dollars per tael on Wednesday,
according to the Chinese Gold and Silver Exchange Society.
The price is equivalent to 1,234.00 U.S. dollars a troy ounce,
down 7.32 U.S. dollars at Wednesday's exchange rate of one U.S.
dollar against 7.801 HK dollars. Enditem

U.S. jet maker Gulfstream says Asia strongest growth market

6月 9, 2010

HONG KONG, June 9 (Xinhua) -- U.S.-based Gulfstream, the
world's top manufacturer of business jet, said here Wednesday that
Asia, in particular China, has emerged as one of the strongest
markets for business aviation thanks to years of economic growth
and wealth accumulation.
"When we look at the market for China and the region, we see
considerable upward potential," said here Roger Sperry, Gulfstream
's vice president for international sales, on the eve of the Asian
Business Aviation exhibition in Macao.
Sperry attributed rosy projections to such factors as strong

China Exclusive: China must strengthen its rating agencies, but not easy task

6月 9, 2010

By Xinhua Writer Jiang Xufeng

BEIJING, June 9 (Xinhua) -- Experts suggest that China should
beef up its own credit agencies, against the backdrop of the
ongoing sovereign debt crisis -- triggered by downgrades given by
leading international credit rating agencies.
Behind the sovereign debt crisis, price setting is the most
important precondition for market transactions nowadays, said
Xiang Songzuo, Deputy Director of the Center for International
Monetary Research at Renmin University of China, in an exclusive
interview with Xinhua.

APEC Small & Medium Enterprises Working Group meeting opens in HK

6月 9, 2010

HONG KONG, June 9 (Xinhua) -- The 30th APEC Small & Medium
Enterprises (SME) Working Group meeting opened here on Wednesday,
aiming at helping SMEs in the region to embrace challenges and
gain better access to the international market.
A news release from the Hong Kong Special Administrative Region
said that more than 100 delegates from Asia Pacific Economic Co-
operation (APEC) member economies have participated in the two-day
closed-door meeting.
Director-General of Trade & Industry Maria Kwan said at the

FAW-Volkswagen to build 8 bln-yuan factory in Foshan, S China

6月 9, 2010

GUANGZHOU, June 9 (Xinhua) -- FAW-Volkswagen Automobile Co.
Ltd. plans to invest 8 billion yuan (1.17 billion U.S. dollars) to
build a factory in Foshan City, in south China's Guangdong
Province, local authorities said Wednesday.
FAW-Volkswagen, a Sino-German joint venture, signed a deal with
Foshan's Nanhai District Government Wednesday to build the plant
between 2011 and 2013, a district government spokesperson said.
Covering 133 hectares, the plant will start producing cars in
the second half of 2013 and have an annual production capacity of

21st World Energy Congress to be held in Montreal in September

6月 9, 2010

BEIJING, June 9 (Xinhua) -- Secretary General of the World
Energy Council (WEC) Christoph W. Frei said here Wednesday the
21st World Energy Congress will be held in Canada's second-largest
city, Montreal, in September.
The five-day congress will start on Sept. 12 and is expected to
attract more than 90 countries to discussions about the world's
energy situation.
The world is under pressure to reduce carbon emissions as 86
percent of the global energy supplies come from burning of fossil
fuels, said Frei, who is here for a visit.

China approves guidelines to enhance forest protection

6月 9, 2010

BEIJING, June 9 (Xinhua) -- The State Council, China's cabinet,
approved guidelines Wednesday that protect, restore and ensure the
sustainable use of forests for the 2010-2020 period.
Participants at the State Council meeting, chaired by Premier
Wen Jiabao, reviewed and approved the guidelines for forest
protection and utilization for the 10-year period.
The guidelines say China will lift its forest coverage to 223
million hectares by the end of 2020, or 23 percent of the national area.
In China, forest are woods covering an area of more than 1 mu

Nikkei closes 1.04 pct higher, eurozone debt fears escalate

6月 9, 2010

TOKYO, June 9 (Xinhua) -- Japan's Nikkei average slid to a six-
month closing low on Wednesday as a stronger yen dented export-
related issues and growing concerns about Europe's debt crisis hit
fever-pitch as Fitch Ratings called the U.K.'s fiscal challenge "
formidable."
The 225-issue Nikkei Stock Average dropped 98.81 points, or 1.
04 percent, from Tuesday to 9,439.13, marking its lowest close
since late November.
The broader Topix index of all First Section issues on the
Tokyo Stock Exchange was down 7.96 points, or 0.93 percent, at 850.37.

Japanese defense minister unconfident over gaining Okinawa consent on Futenma issue

6月 9, 2010

TOKYO, June 9 (Xinhua) -- Defense Minister Toshimi Kitazawa
said Wednesday he is not sure if the newly-formed government could
get consent of Okinawa Prefecture on the Japan-U.S. accord to
relocate a key U.S. base within the prefecture.
At a press conference, Kitazawa said: "I do not necessarily
think that we can fully gain the consent of Okinawa by the end of August."
At his first press conference as premier at the prime minister'
s office Tuesday, Japan's new Prime Minister Naoto Kan said that
he will adhere to the recent Japan-U.S. accord to relocate the U.S.

State-owned Huarong looks for partners to dispose of 12 bln yuan of non-performing assets

6月 9, 2010

BEIJING, June 9 (Xinhua) -- China Huarong Asset Management
Corp., one of China's four state-owned asset management firms,
said Wednesday it is looking to sell or dispose of over 12 billion
yuan (1.75 billion U.S. dollars) of non-performing assets.
Huarong Vice President Xu Zhaohong announced the plan at a
meeting in Beijing, adding that the assets are mainly shares,
bonds, factories and equipment.
Xu said the company had taken over 720 billion yuan of
non-performing assets from China's financial institutions by the
end of last year.

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2010/06/23 13:54  

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