China's foreign trade in August dropped 9.7 percent year on year to 2.04 trillion yuan (320.8 billion U.S. dollars), a steeper decline than the 8.8-percent contraction in July, official data showed on Tuesday. Exports fell 6.1 percent year on year to 1.2 trillion yuan, compared with an 8.9-percent drop in July, while imports slumped 14.3 percent to 836.1 billion yuan, compared with July's decrease of 8.6 percent, according to the General Administration of Customs (GAC).
China's foreign trade in August dropped 9.7 percent year on year to 2.04 trillion yuan (320.8 billion U.S. dollars), a steeper decline than the 8.8 percent contraction in July, official data showed on Tuesday.
The 16th meeting of the 12th secession of the Standing Committee of the National People’s Congress held on Aug. 29 passed the resolution on the Proposal on Quota of Local Government Debt in 2015 for Deliberation and Approval of the State Council.
China's top legislature on Saturday imposed a ceiling of 16 trillion yuan (2.51 trillion U.S. dollars) for local government debt in 2015.
Samsung Electronics posted 6.9 trillion won (5.9 billion U.S. dollars) in operating profit in the second quarter, missing market estimates on weak demand for Galaxy S6 smartphones, a regulatory filing showed Thursday.
South Korea on Friday finalized supplementary budget plan for the second half at 11.8 trillion won (10.5 billion U.S. dollars) to boost the lackluster economy caused by sluggish exports, a long spell of drought and the outbreak of Middle East Respiratory Syndrome (MERS).
China's foreign trade volume dipped by six percent year on year in the first quarter to 5.54 trillion yuan (902.3billion U.S. dollars), official data showed on Monday.
China's economy grew 7.4 percent in 2014, in line with market expectations and registering the weakest expansion in 24 years, the National Bureau of Statistics (NBS) said Tuesday.
Indonesian minister for state- owned enterprises said on Monday his ministry forecast that the total net profit of the country's state firms would rise by 1.32 percent to 154 trillion rupiah (some 12.211 billion U.S. dollars) in 2014.
Japan's Cabinet approved a record 96.34 trillion yen government budget for fiscal 2015 beginning in April to accommodate rising spending for social security and defense.
China's foreign trade increased 3.4 percent year on year in 2014 denominated in U.S. dollars, significantly lower than the 7.6-percent rise in 2013 and the 7.5 percent target, indicating more room for monetary easing.
Samsung Electronics, the world's largest maker of memory chips, smartphones and TVs, said Thursday that its operating profit rebounded in the fourth quarter of 2014.
Big businesses in South Korea, which had already depended heavily on China for their revenue, raised dependence on the world's No.2 economy in recent years for sales growth, a local corporate data provider said Tuesday.
Samsung Electronics, the world's largest maker of smartphones, memory chips and flat screens, said Thursday that its third-quarter operating profit fell 60 percent from a year earlier.
SK Hynix, the world's second-largest memory chip maker, posted a record quarterly earnings in the third quarter due to solid demand for DRAM chips and improved profitability in the NAND flash memory chip business, a regulatory filing showed Thursday.
South Korea's central government debts hit an all-time high in August as it increased fiscal expenditure to boost the sluggish economy, a government report showed Tuesday.
China's new yuan-denominated lending posted stronger than expected growth in September, expanding 154.7 billion yuan from August to reach 857.2 billion yuan (139.6 billion U.S. dollars), according to the central bank data on Thursday.
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