finance

The central parity rate of yuan, the Chinese currency, Tuesday gained 2 points to 6.5881 against the U.S. dollar, according to the China Foreign Exchange Trading System. China's central bank announced in June 2010 it would further reform the exchange rate formation mechanism to ...
The exchange rate against the US dollar is currently at an appropriate level but could fluctuate in the future, Yi Gang, vice-governor of the central bank and head of the State Administration of Foreign Exchange, said on Sunday. "In the future, as markets fluctuate and labor ...
The Chinese currency, or the yuan, on Friday weakened 103 basis points to 6.5952 per U.S. dollar from its record high Thursday, snapping a streak of three consecutive trading days of gains, according to the China Foreign Exchange Trading System. The central parity rate of the ...
The People's Bank of China (PBOC), the central bank, announced Tuesday it would raise benchmark one-year borrowing and lending rates by 25 basis points beginning Wednesday. The rate hikes come amid increasing pressure on the Chinese government to control inflation. After the ...
China's central bank said late Sunday that it would raise the priority of keeping overall price levels under control in 2011 by adopting a prudent monetary policy. "Controlling overall price levels will be higher up the agenda in 2011, while the financial system should be kept ...
China will launch currency swap business for bank customers beginning March 1, in a move to help enterprises hedge against exchange rate risks, the country's foreign exchange regulator said Sunday. China began currency swap business in the interbank market in August 2007, and the ...
The People's Bank of China (PBOC), or the central bank, said on Tuesday that it has implemented "dynamically differentiated required reserve ratios" among 40 local banks with low capital adequacy ratios (CAR) and which witnessed rampant growth in lending since January. A PBOC ...
The value of China's currency, the yuan, hit a record high for the fifth straight trading day Monday with the central parity rate at 6.5705 yuan per U.S. dollar, according to the China Foreign Exchange Trading system. The central parity rate of the yuan, or RMB, was 76 basis ...
More U.S. businesses seek expansion in China to cash in on the expanding domestic market, rather than seeing China as only a processing and export hub, a survey showed Tuesday. About three-fourths of over 400 member companies surveyed by the American Chamber of Commerce in South ...
The Chinese currency, or the yuan, on Wednesday weakened 39 basis points against the U.S. dollar from Tuesday. The central parity rate was set at 6.5718 yuan per U.S. dollar, compared with 6.5679 yuan per U.S. dollar on Tuesday, according to the China Foreign Exchange Trading ...
The Chinese currency Renminbi (RMB), or the yuan, on Monday strengthened to an all-time high of 6.5651 per U.S. dollar, according to the China Foreign Exchange Trading System. Monday's central parity rate of the RMB against U.S. dollar was 20 basis points lower than the previous ...
The number of Chinese companies listing in the United States will surge by 50 percent this year after hitting a record high in 2010, said a senior partner of Ernst & Young on Monday. He Zhaofeng, partner and Greater China IPO Leader with Ernst & Young, said approximately 60 ...
The Chinese currency Renminbi (RMB), or the yuan, on Thursday strengthened 41 basis points to 6.5695 per U.S. dollar, a record high, according to the China Foreign Exchange Trading System. Thursday's central parity rate of the RMB against U.S. dollar was 10 basis points lower ...
The Chinese currency, or the yuan, on Monday weakened 38 basis points to 6.5618 per U.S. dollar from Friday. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day. The central parity rate of the RMB against ...
Spreading reports of price hikes for everyday products such as instant noodles, soap and shampoo have sprung up in newspapers across China, exacerbating concerns regarding ongoing inflation in the world's second largest economy. In reports released earlier this month, unidentifie...
The People's Bank of China (PBOC), or the central bank, auctioned 50 billion yuan (7.61 billion U.S. dollars) of three-month bills at a yield of 2.7944 percent on Thursday, temporarily easing speculation of an approaching interest rate hike. The yield on three-month bills stood ...
The Purchasing Managers Index (PMI) of China's non-manufacturing sector rose to 60.2 percent in March, the China Federation of Logistics and Purchasing (CFLP) said Sunday. The March index was 16.1 percentage points higher than that in February, the CFLP said in an online ...
China will enhance the renminbi's role in cross-border trade and investment over the next five years, since country has witnessed progress in internationalizing the currency, an official with the country's central bank said Saturday. Li Bo, director of the Monetary Policy Bureau ...
China's State Administration of Foreign Exchange said Friday that the country saw rapid growth in cross-border renminbi trade settlements last year as more Chinese and foreign-funded companies chose to pay and be paid in renminbi, the Chinese currency. Total cross-border renminbi ...
China's manufacturing expanded at a faster pace in March, suggesting resilience of the economy amid concerns that monetary tightening measures would result in an economic slowdown. The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 53.4 percent in March, ...
Page 103 of 158 |< << 99 100 101 102 103 104 105 106 107 >> >|
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
China stocks close higher over liquidity injection
China stocks close higher over liquidity injection
BEIJING, Jan. 21 (Xinhua) -- Chinese shares rose on Tuesday after the ...
China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
Canada's main stock index tumbles over asset loss in emerging markets
Canada's main stock index tumbles over asset loss in emerging markets
TORONTO, Jan. 24 (Xinhua) -- Canada's main stock index fell sharply on ...
GM China chairman to retire
GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...
Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
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 ...
Chinese leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
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...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...