china

BEIJING - The People's Bank of China (PBOC), the central bank, auctioned 12 billion yuan ($1.77 billion) of three-month bills in its regular open market operations Thursday at a yield of 1.5704 percent. The three-month bill yield has been steady at 1.5704 percent since early June...
BEIJING - China's stocks fell on Thursday, led by drops of property developers on media reports that the country's banking regulator had asked banks to assess the impact of a possible tumble in housing prices. The benchmark Shanghai Composite Index slid 0.67 percent, or 17.76 ...
Temasek Holdings Pte, Singapore's state investment company, invested $35 million in Chinese video website Tudou.com, according to an e-mailed statement from the Shanghai-based company. Tudou raised $50 million in the company's so-called series E funding round, according to the ...
China Resources Land Ltd has invited investment banks to underwrite a new share issue to raise about $700 million for the acquisition of projects from its parent company, a newspaper reported on Thursday. The Chinese property developer was considering raising funds through either ...
BEIJING - The central parity rate of the yuan, China's currency Renminbi (RMB), retreated to 6.7783 per US dollar Thursday from 6.7715 per US dollar Wednesday, according to the data released by the China Foreign Exchange Trading System. The central parity rate of the yuan ...
China's banking regulator told lenders last month to conduct a new round of stress tests to gauge the impact of residential property prices falling as much as 60 percent in the hardest-hit markets, a person with knowledge of the matter said. Banks were instructed to include worst...
Sina Corp, the operator of China's third-most visited website, said second-quarter profit rose 89 percent after the company sold more online advertising in the world's biggest Internet market. Net income increased to $25.2 million, or 38 cents a share, from $13.3 million, or 23 ...
BEIJING - The head of China's largest domestic rating agency denied criticism by its western counterparts of practicing populism, while reaffirming the agency's principals of independence, objectivity and fairness. Based on long-term research on the credit economy and rules and ...
BEIJING - China's stocks opened slightly lower Thursday with the benchmark Shanghai Composite Index down 0.09 percent to open at 2,636.24. The Shenzhen Component Index declined 0.08 percent to open at 10,862.05 .
BEIJING - China's Ministry of Finance said Wednesday that it would float a batch of 10-year book-entry treasury bonds worth 30.44 billion yuan ($4.5 billion) from Thursday. A statement on the ministry website said the bonds, with a fixed annual interest rate of 3.28 percent, ...
China Investment Corp, the Chinese sovereign wealth fund that bought a 9.9 percent stake in Morgan Stanley in 2007, sold $90.5 million of shares in the investment bank on July 30, bringing the total amount divested in the last two weeks to about $558 million. CIC sold 3.34 ...
China Investment Corp (CIC), the country's sovereign wealth fund, is in talks with Harvard University's endowment to buy the US institution's stakes in property funds worth about $500 million, the Wall Street Journal reported on Wednesday. The latest move by the $300 billion ...
BEIJING - The People's Bank of China (PBOC), China's central bank, said Tuesday that the country would expand the development of gold markets to increase the competitiveness of domestic financial markets while broadening investment channels for ordinary customers. The central ...
China will let more banks import and export gold and open trading further to foreign companies as near-record prices and falling stock markets spur demand in the world's second-largest buyer of the metal. Gold prices gained. China may "increase foreign members on the Shanghai ...
China Investment Corp (CIC) may invest up to $25 billion in Indonesia, an Indonesia minister said on Tuesday, potentially providing a huge boost to foreign direct investment and improving the country's hopes of an investment-grade rating. Indonesia, Southeast Asia's biggest ...
China's newly increased loans are expected to reach 700 billion yuan in July, Shanghai Securities News reported today, citing an industry insider. According to the insider, yuan-denominated loans by China's big-four banks, Construction Bank of China, Bank of China, Industrial and ...
Since China's central bank, People's Bank of China, announced the further reform of the yuan exchange rate system on June 19, yuan appreciation expectations have eased despite the relatively larger fluctuations in the first and second week thereafter and based on the greater two...
BEIJING - Led by producers of consumer goods, China's stocks closed higher Wednesday, with the benchmark Shanghai Composite Index jumping 1.12 percent, or 31.65 points, to close at 2859.94. The Shenzhen Component Index climbed 2.86 percent, or 345.25 points, to end at 12407.66. ...
BEIJING - China's stocks tumbled nearly two percent Tuesday on concerns of more tightening measures amid escalating inflation. The benchmark Shanghai Composite Index lost 1.94 percent, or 56.09 points, to close at 2,828.28. The Shenzhen Component Index dropped 1.96 percent, or ...
BEIJING - China's stocks closed lower Monday as the benchmark Shanghai Composite Index wend down 0.15 percent, or 4.20 points to close at 2,884.37. The Shenzhen Component Index closed up 0.06 percent, or 7.7 points, to end at 12,303.55.
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 ...