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Banks eye plastic for bigger portion of profit
Chinese state-owned banks, including Industrial & Commercial Bank of China, intend to boost the contribution of the credit card business to their profits as they tap the rising demand to use plastic to pay for purchases.
OPEC president predicts further rise in oil prices
Oil prices are likely to rise further largely due to a weak dollar and geopolitics, Chakib Khelil, president of the Organization of the Petroleum Exporting Countries (OPEC), said Sunday.
Overseas-funded banks in China own $193 bln in assets
The total assets of overseas-funded banks in the Chinese mainland stood at some 193 billion U.S. dollars by the end of March, up 55 percent year on year, CBA said Sunday.
More Stories
NBC Universal, firms buy Weather Channel
10-yuan notes to be issued to mark Olympics
Senior Arab official warns of oil price hike
World Bank report: Biofuels force food prices rise by 75%
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　China
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China's external debts reach $392.59 bln in March
China's Jilin launches integrated 5-year plan to boost grain output
Missing: Internal controls
State firms seek global talent
China's economy set to cool, official index chart indicates
Housing crisis behind homelessness in Australia
UAE company gets 625 mln USD to finance share acquisition of Japan's Cosmo Oil
USAID to offer Vietnam bigger assistance
June inflation jumps 11.4% in Philippines
Peru, China reaffirm will to negotiate FTA
  Trade & Investment
  Americas
Rise of online bookstores forces Bertelsmann to shut
China's Huawei to provide 3G equipment to Kenya's Safaricom
Chinese firms bid for oil exploration in Iraq
Brazil seeks to triple exports to China by 2010
Cosmetics brand has high hopes for China
NBC Universal, private firms buy Weather Channel for $3.5b
GM to speed decision on mini car for U.S. market
U.S. investor: Oil reserve decline is major reason behind oil price hike
IMF: Food-fuel surge puts poor countries at "tipping point"
Brazilian mining giant announces global offering
  Industry
  Europe
'Getting to know you' the key to Shanghai business
Beijing targets Asians for Olympic homestays
China's state assets commission says to inject capital to quake-hit state firms
Coal prices smothering profits at east China power plants
HK, Guangdong agree to co-op on modern information service industry
OPEC president predicts further rise in oil prices
Societe Generale heavily sanctioned over financial scam
Russia's economic growth remains robust
Switzerland seizes more false euro bills in 2007
British households worse off by 15%
  Finance
  Others
Banks eye plastic for bigger portion of profit
China to issue special 10-yuan notes to mark Olympics
Overseas-funded banks in China own $193 bln in assets
China Merchants Bank forecasts doubled H1 net profit
Economist: China should be alert to stagflation risks in fighting inflation
Senior Arab official warns of oil price hike if Iran attacked
UAE telephone tariffs likely to be lowered in 2009
Beijing overhauls Olympics-related ads, bans non-sponsoring drinks at Olympic venues
World Bank report: Biofuels force food prices rise by 75%
Central African region to record strong economic growth in 2008