Monday 3 August 2015
 
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China

China July factory growth stalls

Growth at China's big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a st

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China state firms to start pumping new oil in Iran

China's state oil giants are set to start pumping a combined 160,000 barrels a day at two projects in southwestern Iran from around October, company sources said, contributing to Tehran's plan to boost output ahead of sanctions being lif

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Chinese potatoes to chip in as water shortages hit staple crops

Once seen as food for the poor, the humble potato is being pushed in China as a tasty, nutritious part of any meal as the world's most populous country struggles with water shortages and looks for alternatives to the traditional rice and noo

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China focuses on tourism to lift domestic spending

China is seeking to promote tourism and lift domestic spending with measures ranging from boosting investment in tourism spots to encouraging companies to give employees paid leave, the cabinet said on Wednesday. Regulations for holiday

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Arson attack on flight forces Chinese airport closure

Chinese authorities have suspended operations at a small regional airport in the country's east, state media reported on Wednesday, after an arson attack aboard a local flight left two passengers injured. A witness told state broadc

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Oil prices fall to near 6-month lows over China

Oil prices fell for a fifth straight session on Tuesday to their lowest in almost six months, as a rout in Chinese equities cast further doubt over the outlook for crude demand in the world's top commodities consumer. China

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Kerry heads for region to discuss Iran deal, IS

US Secretary of State John Kerry will travel to Egypt and the Gulf next week for talks on the recent nuclear deal between major powers and Iran and the fight against Islamic State militants, then he will head to Southeast Asia, where countries s

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China cbank to make monetary policy changes

China's central bank said on Tuesday that it will use various monetary tools to maintain appropriate levels of liquidity in the second half of this year . It added that the country's main economic indicators are steadily i

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Oil prices slide on China stocks rout

Oil prices fell to near four-month lows on Monday after a steep drop in Chinese stock markets and on more evidence of a global oil supply glut that has halved prices over the past year. Chinese stocks tumbled more than 8 per cent

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China stocks tumble; biggest one-day loss in 8 years

Chinese shares tumbled more than 8 per cent on Monday amid renewed fears about the outlook for the world's No 2 economy, reviving the spectre of a full-blown market crash that prompted unprecedented government intervention earlier this month

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