Chinese Mandarin

Ping An Insurance (Group) Co., China’ s second-largest insurer, said its plan to purchase 1.64 billion shares from the Shenzhen Development Bank (SDB) was approved Monday by its shareholders. The insurer would pay 2.69 billion yuan (402 million U.S. dollars) in cash and inject 90.75 percent of its stakes in its banking unit, the Ping [...]

U.S. stocks ended mixed on Monday as investors traded cautiously ahead midterm elections and Federal Reserve meeting. Major indexes opened higher in the morning as the Purchasing Managers Index of China’s manufacturing sector rose to 54.7 percent in October, according to the China Federation of Logistics and Purchasing. The report spurred massive buying in China’s [...]

More than 400 companies from 58 countries attended the 28th International Trade Fair of Havana, which opened here Monday. The week-long event is aimed at promoting Cuba’s exports and strengthening the position of its products in the international market. Spain attended the fair with the largest delegation, followed by Canada, China, Italy, Panama, Venezuela and [...]