News - State Council
BEIJING, April 8 /PRNewswire-Asia/ -- China Finance Online Co., Ltd. ("China Finance Online"," the Company") (Nasdaq: JRJC), the technology-driven, user-focused market leader in China in providing vertically integrated financial services and products including news, data, analytics and brokerage through web portals, software systems, and mobile handsets, today announced its wholly own subsidiary, Fortune Software, has entered into definitive agreement with China Financial Futures Exchange ("CFFEX") to provide real-time coverage on China's newly introduced Stock Index Futures. Pursuant to the agreement, China Financial Futures Exchange will authorize Fortune Software to provide all the data including market information, trading data and other information or data related to Stock Index Futures products to end users in mainland China. In February 2010, the State Council of China approved the introduction of stock index futures.
China's Cabinet announced new policy initiatives to boost exports, which are seen as declining because of the global financial crisis. The State Council's new policy will include expanded credit insurance, tax breaks and more financial access, Xinhua reported. The council also said China will keep its currency, the yuan, basically stable at a reasonable and balanced level so exporters won't be affected by exchange rate risks. A higher yuan will make Chinese goods more expensive, thereby hurting exports. China has been running huge trade surpluses, which some critics blame on the yuan being kept artificially low against other major currencies.
BOGOTA, April 16 /PRNewswire-FirstCall/ -- Ecopetrol S.A. (NYSE: EC; BVC: ECOPETROL) ("Ecopetrol" or the "Company") announces that in a March 13, 2009 ruling (as notified through an edict dated as of April 13, 2009) the State Council, on appeal, partially accepted the Company's claims by modifying the Official Liquidation of the National Directorate of Taxes and Customs of Colombia ("DIAN").
China finds new liquid milk products not contaminated BEIJING, Oct. 7 (Xinhua) -- The latest tests on Chinese liquid dairy products found no traces of melamine, the country's top quality supervision agency said on Tuesday.
