Trading news

China's industrial profits at the fastest pace

China's industrial sector profits appreciated at the fastest rhythm in August, within a period of three years, thus indicating that the nation is stabilizing and improving.

China's industrial firms' profits higher

The industrial firms' profits, compared to a year earlier, approached the 534.8 billion yuan, rising 19.5%, the National Bureau of Statistics (NBS) said today.

Furthermore, the rise in profits was mainly due to the escalation of the auto industries, oil refining, and steel where the annual revenues stood at approximately 20 million yuan.

Moreover, the nation's economy performed its weakest performance within a period of 25 years amid having grown 6.9%.

Read More

Tuesday, 27 Sep, 2016 / 6:32

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Will the ECB disturb the waters?

· ECB unlikely to rock euro – resilient economy vs higher yields [...]

Posted on Thursday, 22 Apr, 2021 / 9:50 under


Verizon reported a strong start to the year, with a solid operational [...]

Posted on Thursday, 22 Apr, 2021 / 8:06 under

Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under