SL Security Certificate - 256 Bit With Strong Encryption
Tradiva.com gives a 30% bonus on your first deposit. This means that when you open an account with $5,000 dollars, we will add to your account another $1,500 dollars.
Time-limited offer.
SL Security Certificate - 256 Bit With Strong Encryption
China’s industry reports first profit decline in 4 years
China’s industrial firms on Monday posted their first annual decline in profits in four years in 2019. The decline has been attributed to the country’s slowest economic growth in almost 30 years and the prolonged trade war it had with the United States.
Official data showed profits had been declining by 3.3% on an annual basis to 6.1996 trillion Yuan ($897.96 billion) in 2019 in contrast to the 2.1% dip in the January-November period.
The industrial data comes from the National Bureau of Statistics (NBS) on its website.
The figures however, come before the significant impact of China’s coronavirus outbreak seen in January. This has led many economists to expect a sharper decline in the first half of 2020.
According to analysts, the virus, which has infected more than 17,000 people and caused over 300 deaths in China, is said to potentially drag China’s economy to 5% or lower in its first quarter run.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
KYC Policy