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Stocks Slump on Rumors of Int'l Board Launch: Chinese stock markets shed 3.27 percent Wednesday dampened by talk that the half-cocked international board, the trading market for foreign companies to list in China, would dilute market liquidity. The benchmark Shanghai Composite Index closed down 3.27 percent, or 78.98 points, ...

Falling Home Price Changes Chinese Family Budget: Zhu Jianying feels lucky that he held off from buying an apartment in the first half of this year. The Beijing property he is looking at has fallen in price by around 80,000 yuan (12,600 U.S. dollars) since then. "It is not a big amount of money compared to the total price of one ...

Stocks soar due to central bank move: China's stocks embraced a strong opening on the first day of December, exhilarated by the central bank's cut in the reserve requirements for banks for the first time since 2008 to replenish liquidity. The benchmark Shanghai Composite Index shot up by 2.53 percent, or 59.07 points...

Chinese shares slump 3.27 pct: Chinese stock markets shed 3.27 percent Wednesday dampened by talk that the half-cocked international board, the trading market for foreign companies to list in China, would dilute market liquidity. The benchmark Shanghai Composite Index closed down 3.27 percent, or 78.98 points, ...

Gold extends gains as risk appetite firms: Gold futures on the COMEX Division of the New York Mercantile Exchange ended moderately higher on Tuesday, after fluctuating between small gains and losses, as increasing market confidence in Euro-zone officials'efforts to stem the spread of the region's debt crisis fueled risk ...

Chinese shares open lower Wednesday: Chinese shares opened lower on Wednesday, with the benchmark Shanghai Composite Index opened at 2,406.33, down 0.25 percent. Then Shenzhen Component Index opened at 9,991.95, down 0.21 percent.

Falling home price changes Chinese family budget: Zhu Jianying feels lucky that he held off from buying an apartment in the first half of this year. The Beijing property he is looking at has fallen in price by around 80,000 yuan (12,600 U.S. dollars) since then. "It is not a big amount of money compared to the total price of one ...

Gold jumps 1.5 percent on Eurozone optimism: Gold futures on the COMEX Division of the New York Mercantile Exchange rallies on Monday, following global stocks markets, buoyed by increasing optimism about Eurozone debt problems as well as robust U.S. sale data over the holiday weekend. The most active gold contract for ...

Yuan weakens to 6.3587 against USD Tuesday: The Chinese currency Renminbi, or the yuan, weakened 2 basis points to 6.3587 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central ...

Chinese stocks end higher at midday Tuesday: Chinese shares end higher at the midday Tuesday, boosted by global stocks on speculation that European governments will strive to deal with the debt crisis. The benchmark Shanghai Composite Index gained 0.55 percent to end the morning session at 2,396.04 points. The Shenzhen ...

Chinese shares open higher Tuesday: Chinese shares opened higher on Tuesday following rallies in Wall Street and European markets. The benchmark Shanghai Composite Index opened at 2,398.99, up 0.67 percent. Then Shenzhen Component Index opened at 9,970.92, up 0.87 percent.

Yuan starts trading with Australian, Canadian dollars: China opened its currency market to direct trading of the yuan against the Australian and Canadian dollars on Monday, bringing the total of foreign currencies that can be directly traded with it to nine. The central parity rate for the yuan against Australian dollar was set at 6...

China's stocks close mixed Monday: Chinese stock markets closed mixed Monday with the benchmark Shanghai Composite Index edging up 0.12 percent, or 2.81 points, to close at 2,383.03. The Shenzhen Component Index closed 1.55 points lower at 9,884.7. Combined turnover remained weak reaching 96.3 billion yuan (15.2 ...

China stock index futures open higher Monday: China's stock index futures opened higher on Monday with the contract for settlement in December opening 15.4 points higher at 2,588.2 points. The contract for settlement in January 2012, the most actively traded, opened 16.6 points higher at 2,595, while the contract for ...

China's yuan weakens to 6.3585 against USD Monday: The Chinese currency Renminbi, or the yuan, weakened 31 basis points to 6.3585 against the U.S. dollar Monday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central ...

Chinese shares open slightly higher Monday: Chinese shares opened slightly higher on Monday, with the benchmark Shanghai Composite Index opened at 2,383.89, up 0.15 percent. Then Shenzhen Component Index opened at 9,908.12, up 0.21 percent.

Returns for small investors: Invest-for-return is a fundamental market rule. However, many listed companies in China seem all too happy to take the investment but ignore the return and are content to play deaf and dumb when it comes to return dividends for investors. Statistics show that the net profit for ...

Singapore businesses eye closer China ties: Singapore's close cultural links with China can help shorten the time and improve the effort needed to engage in each other's business endeavors, senior officials from Singapore said in Shanghai yesterday, hoping the two countries can foster closer business ties to accelerate ...

U.S. oil edges up after choppy trading: U.S. crude oil price edged up on Friday after choppy holiday trading amid concerns about a worsening European debt crisis scenario, but still posting its second straight weekly loss. During Thanksgiving holiday, the trading volumes were low, which increased market volatility. U.S...

Dollar rises on European concerns: The U.S. dollar rose against major currencies in late New York trading on Friday as investors feared the contagion of euro zone debt crisis. The yields of Italian 10-year government bonds soared to above 7 percent, a level seen as unsustainable. As the debt crisis spread in ...

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