china

Gold's best year in three decades has yet to match the returns of an interest-bearing checking account for anyone who bought gold during the last peak in January 1980. Investors who paid $850 an ounce back then earned 44 percent as gold reached a record $1,226.56 on Dec 3 in ...
China Unionpay, the nation's largest bank card organization said on Wednesday that it had issued more than 1 million bank cards in the Republic of Korea (ROK). It is China Unionpay's biggest issuance in a single foreign country since 2004 when it began to issue cards overseas. ...
China's Huatai Securities Co Ltd announced Thursday that its A-share IPO online lot winning rate tops 14.43 percent, a 12-year record high. In a statement to Shanghai Stock Exchange, the east China's Nanjing-based brokerage said effective subscription reached 3,804.396 million ...
China's insurers will benefit more than banks as "accelerating" inflation pushes bond yields higher and lending growth slows, according to Morgan Stanley. "We don't think there's a massive inflation problem in China, but we're definitely in a period of accelerating inflation," ...
Chinese equities rose Wednesday after the country's central bank governor said it was not the right time to raise interest rates in the short term, easing concern about a tightening policy. The benchmark Shanghai Composite Index rose 1.14 percent, or 33.66 points, to 2,982.5 ...
Chinese regulators have finalized high thresholds for potential investors trading the country's first stock index futures, effectively confining them to institutions and wealthy individuals initially to curb risks. Investors must have at least 500,000 yuan ($73,250) in individual ...
China First Heavy Industries, which makes equipment used in the mining and energy industries, fell in its first day of trading in Shanghai, bolstering speculation demand for IPOs is drying up as stocks drop. China First Heavy, based in Northeast China's Heilongjiang province, ...
BEIJING: Chinese equities rose Tuesday for the first time in the past four trading days, with the benchmark Shanghai Composite Index edging up 0.47 percent, or 13.67 points, to 2,948.84 points. The Shenzhen Component Index gained 0.19 percent, or 23.1 points, to 11,970.44 points. ...
BEIJING: China's largest bank, Industrial and Commercial Bank of China (ICBC), said Monday it would tailor its lending to promote more environmentally friendly economic growth. Shifting China's economic growth pattern, a key task for the Chinese government, will usher in a ...
Goldman Sachs urges investors to buy in China, forecasts gains The biggest tumble in developing-nation stocks in 11 months is making investment strategists at Morgan Stanley, Credit Suisse Group AG and Goldman Sachs Group Inc as bullish as ever. Morgan Stanley's Jonathan Garner ...
Thailand is still assessing an offer by Industrial & Commercial Bank of China (ICBC) to buy the government's stake in ACL Bank Pcl, the country's Finance Minister Korn Chatikavanij said. The central bank completed a study of the proposal and forwarded its opinions to the finance ...
Hong Kong stocks lost 114.19 points, or 0.58 percent, to close at 19,550.89 on Monday. Turnover shrank to HK$59.63 billion ($7.64 billion) from Friday's HK$77.47 billion.
China's State-owned assets watchdog will encourage more qualified State-owned enterprises (SOEs) to go public this year, since the capital market has strongly supported the development of central enterprises in recent years, Shanghai Securities News reported Monday, citing a ...
CITIC Capital Partners, the private equity arm of CITIC Capital Holdings (CITIC Capital), today announced the final closure of its second China buyout fund, CITIC Capital China Partners II, (CCCP II). The closing brings to the fund total capital commitments of $925 million. The ...
China's Huatai Securities Co Ltd, expects to launch IPO in Shanghai Exchange at between 20 to 22 yuan ($2.93 to 3.22) per share, the company said Monday. The time to purchase the stock would be at 9:30 to 15:00 on Monday and Tuesday, the east China's Nanjing-based brokerage said. ...
An official think tank has forecast China's GDP will expand around 10 percent in 2010, driven by investment and domestic consumption, the official Xinhua agency reported on Sunday. Strong first-quarter growth of 11 percent will slow slightly for the rest of the year, with the ...
TORONTO: Thomas A Kloet, chief executive officer (CEO) of the Toronto Stock Exchange Group, has good reasons to beef up his confidence in China. "Many good (performance) stories Chinese companies need to tell to North American investors, and TMX is the right stock exchanges for ...
Preliminary statistics which showed a surge in China's capital account and financial items surplus last year are not comparable to the statistics for 2008, the State Administration of Foreign Exchange (SAFE) said Monday. The statistics released Friday showed China's capital ...
MOSCOW: East China's Shanghai City will provide high-quality financial services for the upcoming World Expo, a Chinese municipal official told Xinhua here on Thursday. Fang Xinghai, director of the Financial Service Office of Shanghai, said all prepartions were in place to ...
HONG KONG: Hong Kong stocks plunged 676.56 points, or 3.33 percent, to close at 19,665.08 on Friday. Turnover totaled HK$77.47 billion ($9.98 billion), compared with Thursday's HK$61 billion ($7.86 billion).
Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...
Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...
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 ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...
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...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...