text

China's home prices continue to rise, disparity narrows

China's property sector continued to recover in April, with more cities reporting higher new home prices and the market divergence narrowing, an official survey showed on Wednesday.

text

Restaurant fined for exorbitantly-priced giant salamander

A restaurant in south China's Guangxi Zhuang Autonomous Region has been fined 500,000 yuan (77,000 U.S. dollars) for its outrageously-priced giant salamander.

text

What is behind China's garlic price rise?

Garlic is usually free in Chinese dumpling restaurants, much like ketchup is in Mcdonald's, but not since its price has increased so much that restaurants are charging for it.

text

China's producer prices improve in March

​China's producer prices continued to drop in March with the contraction narrowing from the previous month, indicating more robust demand in the industrial sector, official data showed Monday.

text

“Easy money” isn’t cheap: hong kong license plate sells for $2.3 million

(NEW YORK TIMES)A vehicle license plate in Hong Kong sold at auction for 18.1 million Hong Kong dollars on Sunday, or $2.3 million, the highest price ever paid in the city. The plate carries the number 28, which in Cantonese sounds similar to a phrase for “easy money.”

text

Oil price falls to 11-year low with global glut expected to deepen in 2016

The price of oil has fallen to its lowest level in 11 years as commodity markets responded to signs that the global glut of oil will deepen in 2016.

text

Tianjin sets buyback price for apartments damaged by blasts

The Tianjin government on Monday announced the price owners can expect for apartments damaged in last month's fatal explosions.

text

Repurchase price in Tianjin set as 1.3 times the house market price

Government in Tianjin's Binhai New Area said the repurchase price for the damaged houses in Tianjin blasts on Aug 12 will be 1.3 times of the house price, reported Beijing Times on Tuesday.

text

Pork price uptick feeds inflation concerns

Chinese consumers have been shocked by recent rises in the price of pork, the nation's favorite meat, with policymakers also concerned about what impact its costliness will have on inflation and the economy.

text

Chinese investor pays 8,888,888 dollars for office block in Melbourne's historical street

​A Chinese investor will be hoping that luck comes his way after paying 8,888,888 Australian dollars (6.96 million U.S dollars) for a three-level office tower in Melbourne.

text

Sliding oil prices in feverish discussions at WEF Davos annual meeting

As oil prices recently slid below the symbolic threshold of 50 U.S. dollars per barrel, the possible future scenario of the vital energy, which is more than just a fuel but also a maker and a wrecker of global wealth and growth, was naturally a subject of feverish discussions among elites gathering for the annual Davos meeting of the World Economic Forum (WEF).

text

Beijingers say goodbye to low price transportation system

Beijingers will wave goodbye to low price transportation after the government raised bus and subway fares on Sunday.

text

Dairy prices, currency appreciation trouble New Zealand producers

Falling dairy prices dragged down New Zealand's producer prices in the quarter to the end of June, while the high New Zealand dollar pushed up capital goods prices, the government statistics agency announced Tuesday.

text

IPO guidance spurs stock speculation

Chinese regulators' IPO guidance sparked stock speculation as the market saw shares of 10 new listings in the last two weeks double or triple within one week of their debut.

text

China's inflation up as economy stabilizes

China's consumer prices increased at a four-month-high pace in May while producer prices declined at a five-month-low pace, official data showed Tuesday, adding to signs of stabilization in the world's second largest economy.

text

Japan's Densuke watermelon sells for over 3,400 USD

A black-rind Densuke watermelon, grown only in Japan's northernmost prefecture of Hokkaido, was sold for 350,000 yen (about 3,418.9 U.S. dollars) on Tuesday in the first auction of the fruit at produce markets in Asahikawa and Sapporo in Hokkaido.

text

Gas deal to bring benefits, price pressure for China

After securing the long-awaited gas agreement with Russia, China may have to take on more tasks on the energy front while enjoying the benefits, according to analysts.