Shanghai Daily: Business
Shanghai Daily Business



China bars airlines from paying EU's carbon tax (Feb 6)
CHINA has barred domestic airlines from paying carbon emission taxes imposed by the European Union on flights to and from Europe and says they can't charge customers extra because of the EU plan. The State Council...


EU confident that Chinese airlines 'will comply' (Feb 6)
THE European Union "is confident" Chinese airlines will comply with its law forcing them to pay for carbon emissions on flights in and out of EU airports, a commission spokesman said yesterday. "The commission...


Weaving tapestry of sights (Feb 6)



New home sales rebound last week (Feb 6)
SALES of new homes in Shanghai rebounded last week as buying sentiment took off following the end of the Lunar New Year holiday. A total of 26,300 square meters of new homes, excluding government-funded affordable...


More affordable homes (Feb 6)
CHINA yesterday vowed to expand financial support for affordable housing projects this year as the government continues to bring housing prices back to reasonable levels. Central and local governments' financial...


Citi eyes growth in card business on the mainland (Feb 6)
CITIBANK (China) Co Ltd said yesterday that it has received regulatory approval to launch a credit card business in the Chinese mainland. The green light from the China Banking Regulatory Commission allows the...


Merkel urges Greece to decide quickly on rescue (Feb 6)
GERMAN Chancellor Angela Merkel told Greece yesterday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for...


Upbeat investors help raise index to 2-month high (Feb 6)
SHANGHAI stocks consolidated yesterday and closed at a two-month high as investors were upbeat ahead of the release of inflation data while the latest US employment data indicated green shoots of an economic recovery....


HTC forecasts revenue lower than estimates due to keen competition (Feb 6)
HTC Corp yesterday forecast revenue that missed analysts' estimates as it awaits the introduction of new products to help Asia's second-largest smartphone maker rebound from its first profit drop in two years. ...


DBS sees expansion in China to continue (Feb 6)
SINGAPORE'S DBS will grow its business in China, including recruiting more staff on the Chinese mainland, as it seeks to further tap the rising cross-Strait business, senior bankers said yesterday. The bank,...