finance

China's property prices won't plunge this year, two of Hong Kong's biggest developers with operations on the mainland said yesterday, as the World Bank joined economists and hedge fund managers warning of a bubble. "China's home prices won't drop too much, as the government can't ...
The People's Bank of China (PBOC), the central bank, continued to withdraw liquidity through open market operations this week, with a net drain of 133 billion yuan from the market, sending the net withdrawal in October to 156 billion yuan ($22.85 billion), the biggest monthly ...
China's national pension fund is preparing to boost private equity investments as the fund is expected to grow to 1 trillion yuan ($146.5 billion) in a year, up from $80 billion at the end of last year, Chairman Dai Xianglong said on Wednesday. Dai, head of China's National ...
Shanghai has applied to regulators to launch a free exchange between the yuan and the New Taiwan dollar to enhance financial cooperation, the head of the Shanghai Financial Service Office said Sunday. "With growing trade between Shanghai and Taiwan in recent years, we hope that a ...
Chinese exporters should brace themselves for a steady rise in the value of the yuan while the steep hiking of asset prices looks set to continue, say analysts studying the movements of "hot money." Although the value of the yuan, China's currency, has hovered at around 6.83 to ...
The US government said on Thursday that China did not manipulate its currency against the US dollar and has made significant contribution to the world economic recovery during the first half of 2009. "No major trading partner of the United States" met the standards identified by ...
The Bank of China (BOC), China's largest foreign exchange bank, announced Tuesday it had transacted more than 200 million yuan ($29.3 million) in cross-border trade settlement using the yuan since it launched the pilot scheme in April this year. By the end of November, BOC's ...
After a string of emerging countries - including India, Indonesia, Thailand and Brazil - began to target the flow of short-term speculative capital, many experts believe China will step up its efforts to control the flow of so-called hot money. The deputy governor of China's ...
A fresh infusion of liquidity and earnings revisions should support China's equities market in early 2010, said Jing Ulrich, Hong Kong-based chairwoman of China equities and commodities at JPMorgan. However, the second half may prove more challenging if China's monetary policy ...
Chinese shares tumbled at the opening Wednesday after the country's central bank announced late Tuesday it would raise the deposit reserve requirement ratio. The benchmark Shanghai Composite Index dip 2.11 percent at 3,204.98 points. The Shenzhen Component Index lost 2.61 percent ...
The central bank yesterday raised the reserve requirement ratio - the proportion of deposits that banks must hold in reserve - in a clear sign that it was determined to drain excessive liquidity in the market and curb lending. The 0.5 percentage point increase is effective Jan 18...
The People's Bank of China, the central bank, reiterated on Wednesday that it will maintain a moderately loose monetary policy in 2010 and improve the focus and flexibility of the policy according to new circumstances. The monetary policy in 2010 would aim to maintain a stable ...
The Chinese government will continue encouraging outbound investment while attracting foreign investment in 2010 for "stable and relatively fast" growth of the country's economy, a government official has said. Outbound investment, or "go-global" strategy, should aim at making ...
With economists predicting robust growth in China this year, the nation's capital market is also expected to maintain its upward march bolstered by strong earnings numbers from listed firms, said a leading securities firm. China's A-share market is likely to grow nearly 2.8 times ...
Asian Development Bank (ADB) President Haruhiko Kuroda said Thursday China's move to raise the bank reserve requirement this week will help cool down the overheating real estate sector but will not undermine the country's strong recovery. The Chinese central bank announced late ...
The decision of the People's Bank of China (PBOC), the central bank, to increase the deposit reserve requirement ratio has drawn worldwide attention and fluctuations in global markets. The PBOC decided on Tuesday to raise the deposit reserve requirement ratio by 0.5 percentage ...
China has moved and is expected to take more steps to rein in excessive money supply, which resulted in rising concerns of inflation and a bubble in the property market, experts say. The latest move came from the People's Bank of China (PBOC), the central bank, which announced ...
Funds for overseas investment run by qualified domestic institutional investors (QDII) in China are still having a hard time attracting customers who seem happier to focus on the more appealing domestic market. E Fund Management Co Ltd, the country's fifth largest mutual fund ...
Pressing for adjustment in the Chinese Renminbi's (RMB) exchange rate will not get rid of the trade imbalance between the United States and China, a US economist said Wednesday. "I am not convinced that a free flow would necessarily be beneficial to either the US or Chinese ...
Equities declined yesterday amid concerns over tighter lending controls and the stronger-than-expected inflationary pressure in the market. The benchmark Shanghai Composite Index fell 2.93 percent to 3,151.85 points, while the Shenzhen Component Index fell 3.25 percent to 12,916...
Page 146 of 158 |< << 142 143 144 145 146 147 148 149 150 >> >|
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
China stocks close higher over liquidity injection
China stocks close higher over liquidity injection
BEIJING, Jan. 21 (Xinhua) -- Chinese shares rose on Tuesday after the ...
China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
Canada's main stock index tumbles over asset loss in emerging markets
Canada's main stock index tumbles over asset loss in emerging markets
TORONTO, Jan. 24 (Xinhua) -- Canada's main stock index fell sharply on ...
GM China chairman to retire
GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...
Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Chinese leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...