Chinese car sales surge in October

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
New car sales in China jumped as much as 24% in October of the current year to 1.61 million cars, as the economy recovery continues. Moreover, the demand for Japanese Toyota and Honda increased 81% and 300%, respectively, due to end of the territorial dispute between two countries. At the same time, analysts expected the car sales in China to reach only 1.5 million units.
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Mon, 11 Nov 2013 11:06:25 GMT

Kiwi gains on China's industrial production data

The New Zealand's currency surged 0.58% to $0.8286 against the U.S. Dollar, after the New Zealand's second biggest export destination China showed better results in industrial production data, thus adding up to the last weeks gains in export and import levels. Despite the significant gain, the Kiwi is till much weaker compared to last week's level of $0.84.

Mon, 11 Nov 2013 10:44:09 GMT

Carlsberg to buy two Asian breweries

Carlsberg A/S, the largest brewery in Denmark, is planning to acquire two Chinese breweries, which produce the most popular brands of beer in China. Alongside, the Chinese beer market is the biggest in the world, while Carlsberg, worth $15 billion, is the fourth-largest brewery by the output. Today, Carlsberg A/S shares are trading down 1.02% to 582 kronor by 7:10

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