The Philippines is located in the so-called Pacific Ring of Fire, and is among the most disaster-prone countries in the world. It is forced to cope with active volcanoes, frequent earthquakes, and an average of 20 typhoons a year, causing floods and landslides up and down the archipelago.
The People's Bank of China, the central bank, has further tightened regulations governing relatively higher interest rates on structured deposit products of commercial banks earlier this month, in order to lower the cost of banks' liabilities and eventually also lower the borrowing costs of small businesses.
The S&P 500 lost 7 percent shortly after the market opened, putting the index into bear market territory and triggering a temporary halt to trading.
The People's Bank of China (PBOC) conducted 20 billion yuan (.96 billion) of seven-day reverse repos at an interest rate of 2.55 percent.
The SPB predicted the shopping spree will boost the number of packages handled between Nov 11 and 16 to 1.5 billion, up 35 percent from the same period a year ago. The daily volume could hit 340 million, three times the usual level.
The Philippines has confirmed that the BRP Gregorio del Pilar, the Philippine Navy's flagship and one of its largest warships, ran aground on Wednesday near the Banyue Jiao, also known as Half Moon Shoal, in the South China Sea.
曲靖人流的价格需要多少
The People's Bank of China (PBOC) conducted 150 billion yuan (.86 billion) of seven-day reverse repos at an interest rate of 2.55 percent and 100 billion yuan of 14-day reverse repos at 2.7 percent.
The Puyuma Express No. 6432 bound for Taitung from Shulin Station with 366 passengers on board derailed at 4:50 p.m. Sunday afternoon in Yilan, leaving 18 people killed and 190 people injured. It was considered Taiwan's worst train crash in more than three decades.
The Research Report on Overseas Social Responsibility of Central Enterprises is released on Friday by State-owned Assets Supervision and Administration Commission of the State Council and Chinese Academy of Social Sciences. [Photo provided to chinadaily.com.cn]
The RCEP participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN) and China, Japan, South Korea, Australia and New Zealand.