CHINA TOPIX

11/02/2024 07:29:36 am

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Eana Maniebo

Hong kong

Hong Kong Ranks Third in the Latest World Bank Report

The World Bank 2015 "Ease of Doing Business" report ranked China's Hong Kong third among 189 countries. The countries are ranked according to six indicators; starting a business, dealing with construction permits, getting electricity, getting credit, protecting minority investors, paying taxes, registering property, trading across borders, enforcing contracts, and resolving insolvency.

ISis

Four Israeli Teachers Arrested for Praising ISIS in Classrooms

Four Israeli teachers were arrested on Monday for luring their students and co-workers to join the terrorist group ISIS.

stock market

Shanghai Futures Exchange Approval of Norilsk Brands Pulled Nickel Prices Down

Nickel has slid once again upon Shanghai Futures Exchange's (ShFE) approval of three nickel brands for delivery against its contracts, giving it a six-year-low record that aggravates its reputation among investors and market players.

Julie Hamp

Toyota Executive Accused of Drug Smuggling Resigns

Toyota Motor Corporation's (TMC) highest ranking female executive Julie Hamp has stepped down from being the company's chief communications officer after being arrested for alleged drug smuggling on June 18.

steel

China Faces Anti-Dumping Duties from US and India

Three months ago, the European Union imposed anti-dumping duties on imports of flat stainless steel from China and Taiwan. Now, several steelmakers from the US is seeking tariffs on American imports of the same products from China, India, Italy, South Korea, and Taiwan to shun the possible onslaught of cheap imports to the country.

China financial street,

China's Looming VAT Reform May Affect Metals Importers

China's economy may be slowing down, but the country is not ready to give in just yet. Next month, the Chinese government is planning to implement its revamped value-added tax (VAT) that would replace business taxes and expand three crucial sectors: real estate, finance, and consumer services.

al Shabab

Extremists Attack AMISOM Military Base in Somalia

Troops of the African Union Mission in Somalia (Amisom) fought with extremist group Al Shabaab on Friday after an attack on the former's military base that killed at least 12 soldiers, Reuters reported.

Charles Li

Hong Kong Exchanges & Clearing Struggles to Emulate LME Metal Success

The Hong Kong Exchanges & Clearing (HKEx) is now the world's biggest bourse operator after embarking on various stock trading programs to bring together traders in the Asian region. At the center of these enterprises is the "link" plan with the Shanghai Futures Exchange (ShFE) that allowed mainland funds to purchase Hong Kong shares.

Jack Ma,

Jack Ma Splurges $23 Million on Lush Property for Nature Conservation

Alibaba's Jack Ma has once again shown his conservationist side as he acquired a 28,100-acre park in upstate New York for a whopping $23 million to preserve its natural wonders.

China business

Chinese Government Urges Migrant Workers to Start Businesses, Offers Tax Incentives

China's State Council on Sunday released a call to action for migrant workers to return to their hometowns, share what they've learned to people in rural areas, and start their own companies.

giant panda,

First Set of Giant Panda Twins Born in China

This year's first set of giant panda twins was born early Monday in a conservation facility in Chengdu, China, ECNS reported.

Walter Scheib,

Former White House Chef Found Dead After a Week of Absence

A former White House executive chef who went missing last week was found dead on June 21, Sunday evening after a five-day extensive search and rescue mission.

Taliban attack

Terrorist Attack on Afghan Parliament Left Two Dead, Militants Killed

Taliban insurgents on Monday morning attacked the Afghan parliament in the middle of a session that aims to confirm a third nominee for the position of Defense minister.

Great Wall of Qi Restoration

China Puts Heritage First as Reconstruction Begins on Oldest Part of Great Wall

A construction plan that will preserve and protect China's Great Wall of Qi is already underway, according to a provincial heritage official, Xinhua reported.

Toyota

Top Toyota Executive Arrested for Smuggling Drug into Japan

Tokyo Metropolitan Police arrested Toyota's chief communications officer Julie Hamp on Thursday for allegedly smuggling narcotics into Japan, CNN reported.

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