china

BEIJING - China's first national private equity "fund of funds", which invests in other funds, started operating on Tuesday, and one of its primary aims is to support the overseas expansion of Chinese enterprises. Set up by China Development Bank (CDB) and Suzhou Venture Group, ...
BEIJING - China's stocks slid for a fifth day Tuesday as market expectations for further rate hikes from the central bank to trim down inflation stayed. The benchmark Shanghai Composite Index fell 1.66 percent, or 46.18 points, to finish at 2,735.22 points. The Shenzhen Component ...
China's banking regulator has rolled out a regulation to assess the qualification of commercial banks' directors, requiring banks to promptly replace unqualified directors, the 21st Century Business Herald reported Tuesday. The regulation, issued by the China Banking Regulatory ...
SYDNEY - China's Christmas Day interest rate increase was not exactly a bow-tied gift to investors but it is an opportunity. A failure by China to act firmly to stem price pressures would have had far more serious repercussions than continuing to tighten policy as investors would ...
Higher borrowing costs expected next year to tighten money supply BEIJING - China's monetary tightening in 2011 may occur mainly in the first half as officials tackle the fastest inflation in more than two years, JPMorgan Chase & Co and Morgan Stanley said. The People's Bank of ...
MANILA, the Philippines - Wheat, corn and soybeans declined in Chicago after China raised interest rates for a second time since mid-October, damping demand for agricultural commodities. March-delivery wheat declined as much as 2.2 percent to $7.66 a bushel on the Chicago Board ...
SHANGHAI - Mainland stocks fell, erasing earlier gains, on speculation the China's central bank will accelerate increases in interest rates after boosting borrowing costs over the weekend. Bonds dropped and yuan forwards climbed. The benchmark Shanghai Composite Index declined 1...
BEIJING - The People's Bank of China (PBOC), the country's central bank, reaffirmed Monday that it would give more prominence to stabilizing prices, and implementing a prudent monetary policy during the next year. Further, China will make its monetary policies more targeted, ...
BEIJING - China's stocks closed down Monday with the benchmark Shanghai Composite Index down 1.9 percent, or 53.76 points, to finish at 2,781.4 points. The Shenzhen Component Index fell 2.02 percent, or 253.66 points, to end at 12,303.19 points. Combined turnover was 224.44 ...
BEIJING - China will bring its overall money supply to a normal level with a range of policy tools next year as the government shifts monetary policy from "moderately loose" to "prudent", the central bank said Friday in a statement on its website, citing Deputy Governor Hu ...
BEIJING - Bank of China (BOC), China's fourth largest lender by assets, announced Friday that it had signed comprehensive cooperation agreements with with two Taiwan-based commercial banks. This is the first time for a mainland bank to sign such agreements with its Taiwan ...
BEIJING - Chinese equities closed lower Friday as the benchmark Shanghai Composite Index went down 0.7 percent, or 20.06 points, to close at 2,835.16 points. The Shenzhen Component Index lost 0.69 percent, or 87.73 points, to close at 12,556.85 points. Combined turnover shrank to ...
BEIJING - Industrial and Commercial Bank of China (ICBC), China's largest lender by market value, announced Thursday that it has completed its 44.9 billion yuan($6.75 billion) rights issue in Shanghai and Hong Kong. The dual-listed lender said in a statement to the Shanghai Stock ...
SHANGHAI - China's stocks fell for a second day as the government stepped up scrutiny of real estate investments and on concerns it may become more expensive for smaller companies to borrow money after a gauge of lending costs jumped. China Vanke Co dropped 1.78 percent on ...
BEIJING - Chinese equities closed lower on Thursday with the benchmark Shanghai Composite Index down 0.79 percent, or 22.68 points, to close at 2,855.22 points. The Shenzhen Component Index lost 0.96 percent, or 122.38 points, to close at 12,644.58 points. Combined turnover ...
BEIJING - China might introduce more tightening measures with credit growth standing at 13 to 14 percent next year, China Construction Bank Chairman Guo Shuqing said on Tuesday. "The country is steering its monetary policy back to normal, We expect there will be more interest ...
SHANGHAI - China's stocks fell, led by producers of consumer staples and banks, after the government raised fuel prices and concern grew over lenders' profitability as the government tightens monetary policy. Kweichow Moutai Co sank to a one-month low amid speculation energy ...
BEIJING - Chinese equities closed lower on Wednesday as the benchmark Shanghai Composite Index dropped 0.9 percent, or 26.21 points, to close at 2,877.9 points. The Shenzhen Component Index lost 0.82 percent, or 105.49 points, to close at 12,766.95 points. Combined turnover ...
SHANGHAI - Three Chinese companies will issue China's first "super and short-term commercial paper" (SCP), Reuters reported Wednesday, citing the National Association of Financial Market Institutional Investors (NAFMII). China National Petroleum Corp (CNPC), Sinopec Corp and the ...
HONG KONG - China's stocks rose, led by property developers and energy producers, as military tensions on the Korean Peninsula eased and investors speculated that demand for housing and coal will be sustained. China Vanke Co, the nation's biggest developer, surged to the daily 10 ...
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 ...