China's e-commerce giant Alibaba Group signed an agreement on Tuesday with China Grand Auto Services Co. Ltd, the country's largest passenger vehicle dealer, to set up an online trading platform for secondhand cars.
China's central bank announced on Wednesday that it has allowed the China Foreign Exchange Trading System to carry out direct trading of the yuan against the sterling as an important move between the Chinese and British governments to facilitate bilateral trade.
New Zealand finance officials on Wednesday welcomed an agreement allowing direct trading of the New Zealand and Chinese currencies, saying they would build on the growing bilateral trade and investment ties.
Vietnam had reported 77 avian flu H5N1 outbreaks in 21 provinces and cities across the country, with some 70,000 poultries culled as of Feb. 26, a government reported said on Thursday.
Australia's New South Wales (NSW) Premier Barry O'Farrell on Monday announced his reshuffled cabinet after Energy Minister Chris Hartcher resigned over a corruption investigation.
Shanghai launched carbon emission trading on Tuesday, China's second market for compulsory carbon trading.
Shanghai rolled out Wednesday a detailed scheme for carbon emission trading, following Shenzhen's response to the central government call to cut emissions.
China re-launched trade of its treasury bond futures on Friday, 18 years after banning it following a multi-billion-yuan trading scandal.
China's securities watchdog confirmed on Friday that abnormal trading on Aug. 16 by Everbright Securities constitutes legal and regulatory violations and slapped the company with record penalties totaling 523 million yuan (84.75 million U.S. dollars).
China will resume trade of treasury bond futures from September 6.
As Everbright Securities took the bitter medicine from its trading error, Chinese investors are urging faster reforms in the country's securities sector to avoid similar incidents.
China Everbright Securities (CES) said on Thursday that the company's director and president Xu Haoming has resigned.
Nasdaq suspended trading of all stocks for about three hours Thursday because of technical problems.
U.S. stocks closed higher on positive data on Thursday after the Nasdaq stock exchange suspended trading of all stocks for about three hours.
It was not human error, but design flaws in a trade unit of China Everbright Securities (CES) that triggered the anomalous trades on Friday, according to the China Securities Regulatory Commission on Sunday.
Chinese government officials, environment and energy experts, and entrepreneurs have vowed to join hands in accelerating the process of building a nationwide carbon emissions trading market.
U.S. stocks closed lower after choppy trading on Tuesday, as investors took a breather amid worries that the Federal Reserve may curtail its bond buying activities earlier than expected.
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