china

BEIJING - Ge Yafang, who runs a textile company in eastern China's Jiangsu province, always says her destiny was changed by the reform of China's exchange rate policy. Ge, president of the Black Peony Co, said the company was "forced" to shift to a technology-driven operation ...
BEIJING - China Everbright Bank is planning to sell up to 6.1 billion shares in its initial public offering (IPO) on the Shanghai A-share market, according to the pre-disclosed IPO prospectus released on the China Securities Regulatory Commission(CSRC) website, the country's ...
BEIJING - Chinese shares rallied for the fourth consecutive day in a week Thursday, with the benchmark indext up 1.07 percent, boosted by gains in property, non-ferrous metals. The benchmark Shanghai Composite Index gained 27.02 points to end at 2,562.41 points. The Shenzhen ...
BEIJING - The bad loan ratio at Chinese banks fell to 1.30 percent at the end of June, the top banking regulator said on Thursday, marking a slight dip from 1.33 percent at the end of May. The ratio was down from 1.58 percent at the start of this year. Outstanding bad loans at ...
HONG KONG - Capital Research and Management Co has bought up 12.79 percent Agricultural Bank of China (ABC)'s H shares for HK$12.66 billion ($1.63 billion), making it the second-largest holder of the Hong Kong-listed shares. Special Coverage:Focus on ABC's IPO Plan As turnover ...
HARARE - A Chinese bank is eyeing a major stake in the Infrastructure Development Bank of Zimbabwe (IDBZ), IDBZ public relations officer said Wednesday. Negotiations are currently under way between the China Development Bank (CDB) and the IDBZ -- formerly the Zimbabwe Development ...
China Securities Regulatory Commission Chairman Shang Fulin pledged to crack down on insder trading, especially case that occur during the course of acquisitions and company restructuring, the Shanghai Securities News reported today.
BEIJING - China should let the yuan float within a wider range in a gradual process over the next five years, an official at a local branch of the central bank said in comments published on Thursday. Wang Yong, with the central bank's training school in Zhengzhou, Henan province, ...
SHANGHAI - China's stocks rose for a third day as the outlook for increased investment in the clean energy industry and higher domestic consumption overshadowed concern the government won't relax its policy tightening measures. Jiangsu Huasheng Tianlong Photoelectric Co paced ...
BEIJING - Chinese shares closed mixed Wednesday with the benchmark Shanghai Composite Index up 0.26 percent or 6.66 points to close at 2,535.39 points. The Shenzhen Stock Index dropped 0.15 percent, or 15.30 points, to 10,324.13 points. Total turnover shrank to 196.87 billion ...
SHANGHAI - China is making final preparations to launch cross-border exchange-traded funds (ETFs) as part of plans to widen channels for its growing yuan savings, its securities regulator said on Wednesday. The ETFs would be based on stocks listed on the Hong Kong stock exchange ...
Chinese mutual funds had a combined loss of 351.3 billion yuan ($52 billion) in the second quarter, China Securities Journal reported today, citing TX Investment Consulting Co. Sixty fund-management companies cut their portfolio equity holdings for 652 funds to 73.25 percent in ...
SHANGHAI - China must speed up reform of its opaque bond market as soon as possible to help accelerate the development of its financial sector, a central bank adviser said on Tuesday. Xia Bin, one of three academic advisers on the People's Bank of China's monetary policy ...
LONDON - Gold declined to an eight-week low in London on speculation investor demand for the metal as a protection of wealth will dampen. The metal fell for a fifth day, the longest losing streak in almost a year, and is trading 6.9 percent below a record set last month. The ...
BEIJING - Rice futures are expected to extend a rally that began in early July as torrential rains across southern China may result in lower production levels of the grain. Heavy rains combined with crop damage from insects are estimated to have cut rice output in China by 10 ...
China faces many challenges in its efforts to maintain the health of the banking industry, including risks from local government financing vehicles, property loans and industrial overcapacity, bank regulator Liu Mingkang said. While the economy is moving in the "expected ...
Chinese regulators will allow the nation's insurers to conduct interest rate swaps, the Shanghai Securities News reported today, citing a notice issued by the China Insurance Regulatory Commission. Regulators had held trials allowing six insurers to conduct interest rate swaps, ...
China's key stock index rose 2.15 percent on Tuesday to its highest close in three weeks, buoyed by property stocks. The Shanghai Composite Index finished at 2,528.7 points, extending the previous day's 2.1 percent rise and breaking through a critical psychological resistance ...
China Construction Bank Corp, the nation's second-largest lender, hired six banks to help manage a rights offer to raise as much as 75 billion yuan ($11.1 billion), said four people with knowledge of the matter. Bank of America Corp's Merrill Lynch, Credit Suisse Group AG, Morgan ...
China plans to widen the investment scope for its insurers by opening the real estate market for insurance capital, as limited investment channels and surging premium income bring heavier investment pressure, Monday's Wall Street Journal reported. Wu Dingfu, chairman of the China ...
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 ...