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Asian Market Roundup Dec. 7: China Chinese stock markets closed slightly higher on Thursday. The benchmark Shanghai Composite Index closed up 0.29 percent, or 6.83 points, to close at 2,332.73. The Shenzhen Component Index edged up 0.2 percent, or 19.3 points, to close at 9,606.25. Hong Kong stocks closed up ...

Declining yuan is normal market response: The steep decline of the Chinese yuan during the past five trading days is market's normal response to China's falling trade surplus, analysts said, and predicted the yuan will stay balanced in value over the long-run. The yuan fell to the low end of its daily trading against the ...

China stock index futures open lower Tuesday: China's stock index futures opened lower on Tuesday with the contract for settlement in December, the most actively traded, opening 8.6 points lower at 2,527.4 points. The contract for settlement in January 2012, opened 3.6 points lower at 2,538.2, while the contract for ...

Asian Market Roundup Dec. 6: China Chinese stock markets closed mixed on Tuesday. The benchmark Shanghai Composite Index was down 0.31 percent, or 7.32 points, to close at 2,325.91. The Shenzhen Component Index rose 0.01 percent, or 0.86 points to close at 9,586.94. Hong Kong stocks closed down 237.46 points...

Chinese shares open slightly lower Tuesday: Chinese shares opened lower Tuesday with the benchmark Shanghai Composite Index down 0.28 percent to open at 2,326.66. The Shenzhen Component Index opened at 9,568.87, down 0.18 percent.

ChiNext Index opens lower Tuesday: The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, opened at 788.43 points on Tuesday, 4.07 points lower from the previous close. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index...

China stock index futures close down: China's stock index futures closed lower Monday with the contract for December, the most actively traded, down 1.14 percent from the previous trading day to 2,536 points. The January 2012 contract slipped 1.16 percent to 2,541.8 points. The March 2012 contract shed 1.02 percent ...

China's stocks close lower Monday: Chinese stock markets closed lower on Monday with the benchmark Shanghai Composite Index dropping 1.16 percent, or 27.43 points, to close at 2,333.23. The Shenzhen Component Index dropped 2.26 percent, or 222.15 points to close at 9,586.08.

China's stocks open mixed Monday: China's stocks opened mixed on Monday, as the country's banks will begin adopting lower reserve requirements. The benchmark Shanghai Composite Index rose 0.1 percent, or 2.45 points, to open at 2,363.11, while Shenzhen Component Index opened at 9,805.45, down 2.78 points, or 0.03 ...

U.S. stocks post best weekly gains in over 2 years: U.S. stocks finished Friday barely changed even as monthly jobs data came in stronger than expected, but major indexes still achieved their best week in more than two years. The Dow Jones industrial average dipped 0.61 points, or 0.01 percent, to 12,019.42. The Standard & Poor's ...

Oil rises on Positive U.S. Job Data: Crude prices rose on Friday as U.S. unemployment rate declined sharply to 8.6 percent in November. The Labor Department said on Friday that the U.S. unemployment rate unexpectedly fell to a 2-1/2-year low of 8.6 percent in November, adding more signs to that U.S. economic ...

Gold Rises on Stimulus Hope: Gold futures on the COMEX Division of the New York Mercantile Exchange bounced off on Friday, while the dollar has fallen, as markets expect further stimulus measures by European Central bank. The most active gold contract for February delivery rallied 11. 5 dollars, or 0.7 ...

U.S. Stocks Post Best Week in over 2 Years: U.S. stocks finished Friday barely changed even as monthly jobs data came in stronger than expected, but major indexes still achieved their best week in more than two years.

China's residential property prices drop: China's residential home prices dropped for the third straight month in November amid government tightening efforts designed to cool the market, according to a report released by the China Real Estate Index System on Thursday. The average price of residential homes across the 100 ...

US Stocks Close Mixed after Wednesday's Surge: The U.S. stocks wobbled on Thursday, with major indexes finishing the sessions mixed, as euphoria faded after the Dow had soared by nearly 500 points in the previous session. Both the blue-chip Dow and the broader S&P 500 fell about 0.2 percent at the close, while the tech-heavy ...

Bank Reserves Cut Won't Raise Property Prices: A reserve requirement ratio (RRR) cut announced Wednesday will not be strong enough to stem the current decline in real estate prices, analysts said Thursday. China's central bank announced Wednesday that it will lower banks' reserve requirement ratio (RRR) by 50 basis points for ...

Asian Market Roundup Dec. 1: China Chinese stock markets closed higher on the first trading Day in December, ending a slump on the previous trading day. The rally came after the country's central bank announced Wednesday it would cut bank's reserves requirement ratio by 50 basis points effective on Dec. 5. ...

US Carmakers Post Strong Sales: The three U.S. largest carmakers, namely General Motors (GM), Ford and Chrysler, on Thursday reported strong vehicles sales in Nov. this year on the U.S. market with Chrysler leading the rise by a 45-percent year-on-year increase. Chrysler Group LLC reported that it sold 107,172 ...

Italian Households Buy Record Number of State Bonds in "BTP Day": Italian citizens and businesses bought a record number of state bonds on Monday during commission-free "BTP Day," backed by the national banking association to restore markets' confidence. The Milan Stock Exchange said in a statement that 80,962 multi-year treasury bonds (BTP) ...

Central Banks' Move Won't Fix Eurozone's Ills: Related: World's Central Banks Act to Support Global Financial System Central banks around the world announced Wednesday they will take action to provide market liquidity and lower the borrowing costs of dollars. The move, coming at a time when the eurozone debt crisis continues ...

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