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Inläggav bears123 » ons 13 jun 2018, 01:59

TOKYO Sam Mewis USA Jersey , Sept. 29 (Xinhua) -- The U.S. dollar changed hands in the mid-112 yen zone in early deals in Tokyo on Friday, rising marginally from its levels seen overnight in New York.

As markets opened here, the dollar was quoted at 112.49-50 yen compared with 112.30-40 yen in New York and 112.82-83 yen in 5 p.m. on Thursday in Tokyo.

The euro, meanwhile, fetched 1.1781-1782 dollars and 132.53-54 yen against 1.1781-1791 dollars and 132.34-44 yen in New York and 1.1754-1756 dollars and 132.61-65 yen in late Thursday afternoon trade in Tokyo.

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People urge their buffaloes forward during an annual water buffalo race at Vihear Sour pagoda in Kandal province, Cambodia on Sept. 20, 2017. Thousands of Cambodians flocked on Wednesday to watch the traditional water buffalo race at Vihear Sour pagoda. (XinhuaSovannara)

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BEIJING, May 27 (Xinhua) -- China's major industrial firms posted double-digit profit growth in the first four months of this year, the National Bureau of Statistics (NBS) said Saturday.

Industrial companies with annual revenues of more than 20 million yuan (about 2.92 million U.S. dollars) reported profits of 2.28 trillion yuan in the first four months, a 24.4-percent increase from one year earlier, the NBS said in a statement.

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In April alone, profits of major industrial firms rose 14 percent year on year to 572.78 billion yuan.

NBS statistician He Ping said the slowdown was "reasonable" after the breakneck growth in previous months, noting that there was still good momentum in industrial profit growth.

The industrial sector, which accounts for about one-third of China's GDP, started to pick up last year after profit declines in 2015 Kelley O'Hara USA Jersey , helped by government efforts to cut overcapacity and a recovery in the property sector.

Among the 41 industries surveyed, 38 posted year-on-year profit growth during the first four months.

Citing improving industrial indicators, He remains upbeat on the overall industrial performance, saying that there has been stronger support from consumer-goods manufacturing and high-tech manufacturing sectors, as well as a reduced debt burden.

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