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RMB exchange rate reforms take a giant step (Hits1348)
According to the announcement of the People’s Bank of China made on April 14, the central bank will expand the floating range of trading price of RMB against U.S. dollar in the inter-bank spot foreign exchange market from 0.5 percent to 1 percent since April 16. The margin between the maximum sellin...
U.S. considering auto parts action versus China (Hits1571)
Washington(Reuters) -- The United States is considering action against auto parts imports from China and closely examining other concerns about automobile trade with the world's second largest economy, a top U.S. trade official said today."We are looking at a variety of issues in the b...
SPIED: 2013 Honda Accord (Hits1351)
Honda watchers counting on a restyled 2013 Accord to reignite the Japanese automaker's sales spark in the United States may be disappointed by the first spy images emerging of the sedan. Photographs captured this week show the mid-sized sedan with only evolutionary changes from its previous design....
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