china

China may allow qualified foreign institutional investors to use as much as 10 percent of their investment quotas to trade stock-index futures, the China Securities Journal reported, citing an unidentified person. The equity-market reforms represent efforts by the government to ...
An over-the counter (OTC) equity bourse was inaugurated in Shanghai Monday, marking the first step in the city's effort to forge the nation's largest OTC market, Shanghai Securities News reported. The equity exchange, which will mainly serve non-listed companies in the Yangtze ...
SEATTLE - Gold futures fell the most in two weeks as the euro's rebound reduced demand for the precious metal as a haven against European debt concerns. The euro was headed for the third straight weekly gain after topping $1.30 for the first time since May 10. Gold rose to a ...
Pilot project to help farmers struck by natural disasters BEIJING - China may roll out its first weather insurance coverage before the end of the year to help farmers cope with economic losses from natural disasters. "The policy will first be carried out on a pilot basis in ...
HONG KONG - The People's Bank of China (PBOC), or the central bank, and Hong Kong's renminbi clearing bank -- Bank of China (Hong Kong) Limited (BOCHK), on Monday signed a revised Settlement Agreement on the Clearing of Renminbi Business in Hong Kong. The move is set to help the ...
Chinese shares climbed 2.11 percent Monday, boosted by coal shares on half-year sales growth. The benchmark Shanghai Composite Index was up 51.15 points to end at 2,475.42. The Shenzhen Stock Index rose 2.96 percent, or 290.47 points, to 10,097.1 points. Total turnover expanded ...
Would-be home buyers in Beijing have been jumping through hoops ever since new rules came in to make it harder to use false documents and lie when applying for favorable first-home loans. In order to define whether a loan is for a first house or a second house, banks, including ...
BEIJING - Agricultural Bank of China (ABC) loaned 82.9 billion yuan ($12.23 billion)in micro-credit to Chinese farmers in the first three months of the year, compared with 67.3 billion yuan in the whole of 2009. Starting in April 2008, ABC's micro-credit business, which makes ...
Central Huijin Investment Co, the domestic arm of China's sovereign wealth fund, plans to issue at least 150 billion yuan ($22.13 billion) in bonds, the Shanghai Securities News reported on Thursday, citing unidentified sources. That points to a slight increase in the amount that ...
BEIJING - China's Ministry of Finance said Friday it will issue two batches of short-term book-entry discount treasury bonds next week. The first batch of the bonds, with a total par value of 11.45 billion yuan ($1.68 billion), will have a term of 91 days, according to a ...
BEIJING - The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, gained 3.26 points, or 0.31 percent, to close at 1,050.6 points in Thursday's trading. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized ...
BEIJING - Chinese equities edged down Thursday, falling for the second consecutive day, with the trading volumes sharply down from the previous day. The benchmark Shanghai Composite Index edged down 0.12 percent, or 3.13 points, to end at 2,566.75. The Shenzhen Stock Exchange ...
China's private equity (PE) firms will face great pressure while seeking to sell their investment portfolios in the next three years, China Business News reported Thursday. Around 2006, these PE funds invested into a batch of domestic projects. Now many of them may want to exit ...
China's stocks, Asia's worst performer this year, may rise 17 percent in the second half because the government won't step up measures to rein in economic growth, according to Shenyin & Wanguo Securities Co. The benchmark Shanghai Composite Index may rebound to the 3,000 level as ...
BEIJING - Chinese banks should set up an independent risk management system in line with its strategic expansion plan as part of efforts to ward off financial risks, China's banking regulator said Wednesday. The breakout of the global financial crisis highlighted the necessity of ...
BEIJING - China's Ministry of Finance (MOF) said Wednesday it will sell 28.01 billion yuan ($4.1 billion) of 10-year book-entry Treasury bonds from Thursday. The bonds will pay a fixed annual interest rate of 3.41 percent, the ministry said in a statement. Interest on the bonds ...
SINGAPORE - China's decision to end its currency peg to the dollar hasn't made the country's stocks more attractive because any gain in the yuan is likely to be limited, according to Templeton Asset Management Ltd's Mark Mobius. The Shanghai Composite Index had gained the past ...
The number of cars sustaining engine damage due to heavy rain is swelling dramatically in Beijing, but only a small number of car owners opt to buy flood damage insurance. "We have witnessed a sharp increase in claims during the last month," said a car insurance claim specialist ...
BEIJING - The ChiNext Index, launched by the Shenzhen Stock Exchange on June 1, gained 12.34 points, or 1.19 percent, to close at 1,047.34 points in Wednesday's trading. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises...
BEIJING - Chinese equities fell Wednesday, dragged by shares of steel makers after the government announced to scrap export tax rebates on a range of commodities, including various kinds of steel products.The benchmark Shanghai Composite Index shed 0.73 percent, or 18.83 points, ...
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 ...