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Last updated: 09:09:48 Wednesday Oct 14, 2009


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  • Strong China trade, loan figures back recovery case
    BEIJING (Reuters) - China reported surprisingly strong trade figures on Wednesday, providing fresh evidence that the world's third-largest economy is firmly on the path to recovery and that global demand is improving too.   Nations:Canada Australia China   Activities:2008 China Slowdown   2009-10-14

    JPMorgan tops strong bank list, RBS biggest loss
    LONDON (Reuters) - JPMorgan (JPM.N) tops a list of the world's strongest banks, while Royal Bank of Scotland (RBS.L) suffered the biggest loss of any lender last year, according to new industry rankings on Wednesday.   Nations:Spain   2009-06-23

    China's CCB says Bank of America partnership sound
    BEIJING - China Construction Bank (0939.HK) said on Thursday it was "fully confident" in its strategic relationship with Bank of America (BAC.N), after the top U.S. lender sold nearly 13 percent of its holding in the Chinese bank this week.   Source:(Reuters)   2009-01-09

    China's struggling airlines get tax break
    BEIJING - China is taking new steps to shore up its aviation industry amid global economic turmoil, giving struggling airlines a $360 million tax break and $26 billion in loans to its main aircraft maker, state media said Friday.   Nations:China   Source:(AP)   2009-01-09

    Bank of America sells shares in Chinese bank
    BEIJING - Bank of America Corp. raised more money Wednesday to cope with U.S. economic turmoil by selling part of its stake in China Construction Bank Ltd., China's second-biggest commercial lender, for $2.8 billion.   Nations:U.S.   Activities:Global Financial Crisis   Source:(AP)   2009-01-07

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    2005-10-14


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