china

Rubber advanced to a one-week high after a US trade group said that retail sales increased at the fastest pace in four years, stoking optimism that demand for the commodity used in tires may strengthen. Futures in Tokyo climbed as much as 2.6 percent to the highest level since ...
SHANGHAI - Mainland stocks dropped for the first time in three days, led by industrial companies and energy producers, as concern the government will step up tightening measures overshadowed rising earnings. The Shanghai Composite Index declined 5.97, or 0.3 percent, to close at ...
HONG KONG: Agricultural Bank of China (ABC), the last of the country's largest four banks to go public, announced on Friday it has set its H-share initial public offering (IPO) price at HK$3.2 ($42 cents) per share, which was in the middle level of its IPO price range. Special ...
BEIJING: The People's Bank of China (PBOC), or the central bank, injected 105 billion yuan ($15.5 billion) into the money market this week through its regular open market operations to increase short-term liquidity. It was the seventh straight week that the PBOC has acted to ...
BEIJING - Profit taking depressed Chinese shares on Thursday after two-day gains, with the benchmark Shanghai Composite Index down 0.25 percent to end at 2,415.15 points. The Shenzhen Stock Index sank 0.21 percent, or 19.63 points, to 9,465.8 points. Total turnover decreased to ...
China's government faces pressure to curb "abnormal" amounts of capital from flowing into the country, the State Administration of Foreign Exchange said today in a statement. The pressure of net foreign-exchange inflow eased in May because of a declining expectation that the ...
China may allow foreign companies to sell stock in Shanghai next year, opening the world's largest market for first-time share sales and advancing the city's bid to become an international financial center. "The preparation work is proceeding quite nicely," said Fang Xinghai, ...
Agricultural Bank of China(ABC), the last of China's big State owned banks to go public, is set to raise more than $22 billion from an initial public offering, defying global market weakness to stage the world's largest IPO. Original forecasts had put potential proceeds from the ...
BEIJING - Agricultural Bank of China's (ABC) mega float is unlikely to cause big waves on the domestic A-share market despite the sluggish and uncertain trend, analysts said. Shares of the last major State-owned lender to list will be publicly traded in Shanghai on July 15 and a ...
Beijing - Despite different reasoning behind the decision to subscribe to the shares of Agricultural Bank of China (ABC), institutional investors have shown strong interest. Institutional investors and major cornerstone investors, including insurers, fund management companies, ...
SHANGHAI: Mainland stocks rose as consumer companies gained on speculation earnings will withstand a slowing economy, overshadowing losses by banks as Agricultural Bank of China Ltd (ABC) sought funds in what may be the world's largest initial public offering (IPO). Appliance ...
BEIJING: Domestic investors' gold frenzy pushed trading volume of the yellow metal to an historic high in the first half of the year, with gold imports also surging to a record. China's gold price increased 25.2 percent in the first half of 2010 to reach an average of 251.9 yuan ...
BEIJING - China's Ministry of Finance (MOF) said Wednesday it will sell 29.97 billion yuan ($4.43 billion) of five-year book-entry treasury bonds, the 20th batch this year, from July 8 to 12. The bonds will have a fixed annual interest of 2.52 percent, said a statement on the ...
TOKYO - Asian stocks rose for a second week as record sales at Intel Corp and unprecedented economic growth in Singapore overshadowed weak US factory reports and a slowdown in China. LG Corp, the largest shareholder in the world's third-biggest maker of mobile phones, surged 12 ...
Agricultural Bank of China Ltd rose 2.2 percent on its debut in Hong Kong, after posting the smallest first-day gain among major rivals in Shanghai yesterday following a $19.2 billion initial stock sale. China's largest bank by customers climbed to HK$3.27 (42 cents) at the 4 pm ...
Bank of Communications, China's fifth-biggest lender, said on Thursday it had completed its rights issue of Hong Kong-listed H-shares, raising HK$17.78 billion. The bank said investors bought 99.28 percent of the H-shares on offer in the issue. BoCom, about one-fifth owned by ...
The Shanghai Stock Exchange has submitted a proposal to China's central bank for introduction of a gold exchange certificate developed with the Shanghai Gold Exchange, said Liu Ti, an official with the stock exchange. The gold exchange certificates, designed for institutional ...
BEIJING - Chinese shares closed almost flat Friday, backed by property and financial shares. The benchmark Shanghai Composite Index down 0.03 points to end at 2,424.27. The Shenzhen Stock Index rose 0.9 percent, or 87.91 points, to 9,803.64 points. Total turnover shrank to 105.6 ...
Standard Chartered Plc, which invested $500 million in Agricultural Bank of China Ltd's initial public offering, plans to start a cooperation agreement with the Chinese lender by offering advice on capital markets business in Hong Kong. "We're planning to initiate the first phase ...
HONG KONG - H-shares of Agricultural Bank of China (ABC) opened 1.56 percent higher than its initial public offering price of HK$3.20 (41 cents) at its debut Friday on Hong Kong's bourse. Special Coverage:Focus on ABC's IPO Plan ABC's A-shares debuted Thursday in Shanghai.
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 ...