Net profits of China's centrally-owned SOEs up 5.6% in Jan-April

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

BEIJING : Net profits at China's central government owned firms in January-April rose 5.6 per cent from a year earlier, data from the State-owned Assets Supervision and Administration Commission showed on Wednesday.That has slowed from a 13.7 per cent growth in the first three months this year as China's

BEIJING : Net profits at China's central government owned firms in January-April rose 5.6 per cent from a year earlier, data from the State-owned Assets Supervision and Administration Commission showed on Wednesday.

That has slowed from a 13.7 per cent growth in the first three months this year as China's economy was hit hard by the stringent virus curbs in April.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China says its Jan-April non-financial outbound direct investment rises 4.5% y/yBEIJING : China's non-financial outbound direct investment (ODI) in the first four months of the year rose 4.5 per cent from a year earlier to $35.88 billion, the commerce ministry said on Monday.In yuan terms, ODI grew 2.5 per cent in the January-April period from a year earlier, the ministry said in a s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China says its January to April non-financial outbound direct investment rises 4.5% year-on-yearBEIJING: China\u0027s non-financial outbound direct investment (ODI) in the first four months of the year rose 4.5 per cent from a year earlier to US$35.88 billion, the commerce ministry said on Monday (May 30). In yuan terms, ODI grew 2.5 per cent in the January to April period from a year earlier, the ministr
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Business flights are in trouble in the world of net zeroThe Swiss Re insurance group has 14,000 employees scattered around the world and if any of them want to fly somewhere for work this year, they will need to have a good reason.
Source: TODAYonline - 🏆 1. / 99 Read more »

Britain proposes safety net against failing stablecoinsLONDON : Britain's finance ministry set out plans on Tuesday for adapting existing rules to deal for any major stablecoin collapses, such as with TerraUSD this month.It is the latest sign of how regulators are trying to catch up with fast-moving developments in crypto markets which straddle national borde Safety net for 'Algorithmic' Stablecoins !! Not for fully backed Stablecoins!! There fixed your headline 👏
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Crown Resorts fined US$57 million for enabling illegal fund transfer from ChinaAustralian casino operator Crown Resorts said on Monday (May 30) it was fined A$80 million (US$57.4 million) by the Victoria state gambling regulator for enabling illegal transfer of funds from China.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Iron ore hits 1-week high on China stimulus, easing COVID curbsIron ore futures in Dalian and Singapore climbed on Monday to their highest levels since May 23, extending a relief rally spurred by easing COVID-19 curbs in top steel producer China and government efforts to shore up the battered domestic economy.The most-traded September iron ore on China's Dalian Commo
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »