china

MANILA - London copper fell to its weakest in seven weeks on Tuesday and Shanghai copper hit a two-month low on fears China may tighten monetary policy further and cause demand to thin from the world's top consumer of many base metals. China on Sunday raised the bank reserve ...
China's State Council, or Cabinet, has approved refinancing plans for the country's four State-owned listed banks to raise a combined 287 billion yuan ($42.04 billion), the National Business Daily reported today, citing unidentified sources. Two of the banks have already unveiled ...
SHANGHAI - Most Chinese stocks fell, led by consumer companies and commodity producers, on concern the government will increase borrowing costs to curb accelerating inflation and rising property prices. More than two stocks declined for each one that rose on the Shanghai ...
SHANGHAI - China's Shanghai Composite Index, the first of the 10 biggest benchmark measures to enter a bear market this year, will rebound as a surge in exports lowers the risk of a slump in economic growth, according to Franklin Templeton's local fund management unit. The index ...
BEIJING - Asian countries should promote regional economic cooperation by increasing currency swaps and setting up a region-wide bond market to secure the economic safety of the region as policymakers are grappling with the complicated financial puzzle caused by the sovereign ...
Gold prices hit a record high Wednesday as investors sought to hide from fears the European financial bailout will erode world currencies. The price of an ounce of gold shot up 1.9 percent to $1,242.70, contributing to a strong 5.8 percent rally since last Thursday, when jitters ...
A research report shows that conflicts between homeowners and property management companies have become the major issue breaking the harmony of urban communities. At the fourth annual meeting of the Beijing Homeowners' Committee, which kicked off on Sunday, most representatives ...
BEIJING - Chinese shares rose slightly Wednesday with banks leading the increase.The benchmark Shanghai Composite Index gained 0.31 percent to close at 2,655.71 points. The Shenzhen Component Index expanded 0.55 percent to 10,146.63 points.Total turnover shrank to 153.84 billion ...
China's Shanghai Composite Index, the first of the 10 biggest benchmark measures to enter a bear market this year, will rebound as a surge in exports lowers the risk of a slump in economic growth, according to Franklin Templeton's local fund management unit. The index rose 0.3 ...
SHENZHEN, Guangdong - Chinese police and finance authorities broke up 26 illegal banks in south China's Guangdong province last month, a police officer said Tuesday.The illegal banks were uncovered in a joint operation between the Shenzhen police, commercial banks and foreign ...
Most commercial banks can endure at most a decline of 40 percent in housing prices, according to a round of stress tests on real estate loans initiated in late April, the 21st Century Business Herald reported Tuesday. The newly released test results showed that Industrial ...
SHANGHAI - Chinese shares hit an 11-month low Tuesday after higher April inflation sparked investor fears of more credit tightening.The benchmark Shanghai Composite Index lost 51.18 points, or 1.9 percent, to close at 2,647.57 - its lowest level since last May 27. The Shenzhen ...
BEIJING - Chinese shares dropped remarkably to nearly one-year low on Tuesday with banks leading the slump.The benchmark Shanghai Composite Index shrank 1.90 percent to close at 2,647.57 points. The Shenzhen Component Index shed 1.68 percent to 10,091.20 points.Total turnover ...
BEIJING - China's stock index futures closed down Tuesday with the contract for May, the most actively traded, down 3.79 percent to end at 2,801.6 points from the previous trading day.The June contract shrank 4.06 percent to 2,834.0. The September contract was down 4.19 percent ...
SINGAPORE - China's stocks have "corrected enough" and investors should consider buying equities as the probability of a hard landing for the economy is "not that high", according to BofA Merrill Lynch Global Research. The Chinese government may also be reluctant to tighten ...
TOKYO - Rubber rallied from the lowest price in almost five months on optimism an emergency package by European policymakers will contain a sovereign-debt crisis and maintain economic growth in the region. Futures on the Tokyo Commodity Exchange rose as much as 2.9 percent, ...
SHANGHAI - The yuan rebounded strongly against the dollar in the offshore forwards markets on Monday after the European Union and the IMF agreed on a $1 trillion emergency rescue plan to protect indebted eurozone countries. The deal sparked a 1 percent drop in the dollar index ...
BEIJING: Betting on the nation's ongoing railway construction boom, Bank of China (BOC) said it planned to invest 7.5 billion yuan ($1.10 billion) in the operator of a 1,260-kilometer railway link between northern China's major coal mines and port cities. The nation's third...
SHANGHAI - Mainland stocks rebounded after briefly entering a bear market on speculation a slowdown in the economy may delay increases in borrowing costs and a Europe loan package will keep the region's credit crisis from spreading. Poly Real Estate Group Co led gains among ...
The People's Bank of China (PBOC) will sell 14-billion-yuan bills tomorrow, according to a statement on the central bank's website on Monday, down 6 billion yuan from such bills sold last week. The one-year bills will be auctioned in its regular open market operations, the PBOC ...
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 ...