billion [12]

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China Trade Surplus Balloons

| Findory News China

Portfolio.com: China's economic growth continues to blow away even the most bullish forecasts. During June, China's trade surplus hit a record high of $26.9 billion, which was well above economists' expectations of $24 billion. The trade gap widened by 87 percent from the same month last year. The ballooning ...


Government records $58.6b surplus

Fri, 13 Jul 2007 11:38:27 +0800 | HKSAR Government

Government revenue for 2006-07 amounted to $288 billion and spending to $229.4 billion, resulting in a $58.6 billion surplus, the Treasury says. The final account results are the same as the provisional results published on April 30.


Gulf investor announces US$5 billion plan for Beijing oil center

Wed, 18 Jul 2007 02:45:11 +0000 | Newsvine China

A Bahrain-based developer announced a US$5 billion (?3.6 billion) plan Tuesday to build a business center for the oil industry in suburban Beijing, highlighting China's growing ties to the Middle East and its booming energy market.



Barclays looks east to fund new $93 billion ABN Amro offer

| Findory News China

Marketwatch: LONDON -- U.K. banking group Barclays on Monday said it's agreed to sell as much as 19% in itself to the China Development Bank and Singapore's Temasek Holdings to fund a fresh 67.5 billion euros bid for ABN Amro.


Mortgage loan approvals fall 2.4%

Mon, 23 Jul 2007 20:09:20 +0800 | HKSAR Government

New mortgage loans drawn down in June rose 17.4% to $16.4 billion, while new loans approved fell 2.4% to $17.3 billion, the Monetary Authority says.


China linked to Barclays takeover bid

| Findory News China

New Zealand Herald: Barclays may raise £10 billion from the governments of China and Singapore to help fund a higher bid for ABN Amro. The offer for ABN Amro will be raised to about £50 billion, the BBC reported on its website...


Q1 surplus hits $4.8b

Tue, 31 Jul 2007 17:57:11 +0800 | HKSAR Government

Government spending in the first three months of the financial year amounted to $54.1 billion with revenue of $58.9 billion, resulting in a surplus of $4.8 billion.

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