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Chinese energy firm PetroChina said Thursday its net profit slumped 17 percent in 2014 from a year earlier as international crude oil prices plunged in the second half. Net profit was 107.17 billion yuan ($17.25 billion) last year, down from 129.60 billion yuan in 2013, it said in a statement to the Hong Kong stock exchange.

The Industrial and Commercial Bank of China (ICBC), the country's biggest lender, eked out a five percent gain in net profit last year in the face of "complex" domestic and overseas environments, it said Thursday.
Budget carrier AiraAsia reported a wider fourth-quarter net loss of 429 million ringgit ($120 million) on Thursday, blaming exchange-rate changes and finance costs related to aircraft purchases.
International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.
Hong Kong tycoon Li Ka-shing's two main companies Thursday said earnings nearly doubled in 2014 to their highest point this century, in their last results ahead of a revamp of his vast business empire. Hutchison Whampoa, which controls assets ranging from ports to telecommunications, said net profit more than doubled to HK$67.16 billion ($8.66 billion) up from HK$31.11 billion in 2013. Revenue rose two percent to HK$421.47 billion.
The Agricultural Bank of China, one of the country's "Big Four" state-owned banks, said its net profit rose just 7.9 percent year-on-year in 2014 due to the weak domestic economy. Net profit was 179.46 billion yuan ($29.22 billion) in 2014, up from 166.32 billion yuan in 2013, the bank said in a statement to the Hong Kong stock exchange on Tuesday.
Package delivery company FedEx Corp reported a better-than-expected quarterly net profit on March 18, driven by higher package volumes, but forecast full-year profit below analyst forecasts. Memphis-based FedEx also said fuel expenses were reduced by 30 percent due to low oil prices but its international business was hurt by falling fuel surcharges and the strong dollar.

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln