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Key index seen flat this week on poor sentiment: Investor sentiment is expected to remain flat in the Shanghai stock market ahead of the New Year's Day holiday as well as uncertainties over future macroeconomic policies, according to observers. At a financial conference last Friday, Xia Bin, a member of the People's Bank of ...

China's yuan retreats to 6.6623 per USD Monday: The value of yuan contracted as the central parity rate of Renminbi, China's currency, was set at 6.6623 per U.S. dollar Monday, compared with Friday's 6.6593, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on ...

China's yuan weakens to 6.6630 per USD Monday: The value of yuan weakened slightly as the central parity rate of Renminbi, China's currency, was set at 6.6630 per U.S. dollar Monday, compared with last Friday's 6.6604, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed ...

Central bank governor refutes rate increase rumor: China's business press carried the following stories on Monday. China.org.cn has not checked the stories and does not vouch for their accuracy. Central bank governor refutes rate increase rumor Shanghai Securities News Zhou Xiaochuan, governor of the People's Bank of China, ...

Toyota refuses to compensate Chinese customers for car recalls: China's business press carried the following stories on Friday. China.org.cn has not checked the stories and does not vouch for their accuracy. Toyota refuses to compensate Chinese customers for car recalls -- China Business News RAV4 owners in China will not receive economic ...

Chinese auto market may see a inflection point in 2011: China's business press carried the following stories on Wednesday. China.org.cn has not checked the stories and does not vouch for their accuracy. Chinese auto market may see inflection point in 2011 -- China Business News China's auto sales growth is expected to slow to 8 ...

Weak dollar not sole reason for high oil prices: VIENNA -- OPEC's average daily oil prices have set records 16 times since the beginning of this year and soared to 106.65 U.S. dollars per barrel (dpb) Wednesday, the Vienna-based cartel said Thursday. Oil prices have surged higher since 2007 and regularly hit new peaks, so that ...

November CPI expected to hit record high: China's November consumer price index (CPI), a main indicator of inflation, is expected to exceed the 4.4 percent seen in October and reach a new record high of the year, according to financial institutions forecasts. China International Capital Corporation (CICC) predicted in ...

Weak dollar not sole reason for high oil prices: VIENNA -- OPEC's average daily oil prices have set records 16 times since the beginning of this year and soared to 106.65 U.S. dollars per barrel (dpb) Wednesday, the Vienna-based cartel said Thursday. Oil prices have surged higher since 2007 and regularly hit new peaks, so that ...

Economic data likely to lift key index this week: The Shanghai stock market is likely to pick up slightly this week on better economic data released at the weekend, analysts said yesterday. The Shanghai Composite Index was generally flat and trading was sluggish last week because investors were cautious ahead of the unveiling of ...

Chinese stocks under pressure: Analysts said the China stock market is under downward pressure as tighter monetary policies bombard the fastest growing major economy. "Investors should consider the changes in economic policies outlined by the Central Economic Work Conference last weekend. A new interest rate ...

Gold tumbles as China tightens policy: Gold futures on the COMEX Division of the New York Mercantile Exchange on Friday tumbled as China ordered lenders to reserve more funds in the central bank, a tightening measure that is expected to curb inflation and slow economic growth. The most active gold contract for ...

Oil falls on China's tightening policy: Crude prices Friday broke below 88 U.S. dollars a barrel as China raised bank reserve requirement and positive economic data lifted dollar. China's central bank on Friday raised bank reserve requirement by 50 basis points for the third time in a month to counter inflation. ...

China's yuan weakens to 6.6654 per USD Thursday: The value of yuan weakened slightly as the central parity rate of Renminbi, China's currency, was set at 6.6654 per U.S. dollar Thursday, compared with Wednesday's 6.6616, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed ...

China's yuan strengthens to 6.6515 per USD Monday: The value of yuan strengthened as the central parity rate of Renminbi, China's currency, was set at 6.6515 per U.S. dollar Monday, compared with Friday's 6.6605, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float ...

No winner yet in yuan bond rivalry: It seems that Hong Kong has won the initial battle with Shanghai over where the yuan-denominated bond market will expand next, as the Chinese government attempts to keep idle money offshore. But don't rule out Shanghai as the final victor. The nascent market for yuan bonds in ...

BOC report: CPI expected to rise 3.7% in Q2: China's business press carried the following stories on Tuesday. China.org.cn has not checked the stories and does not vouch for their accuracy. BOC report: CPI expected to rise 3.7% in Q2 - China Securities Journal China's consumer price index (CPI) will hit 3.7 percent in Q2, ...

China's yuan strengthens to 6.6553 per USD Friday: The value of yuan strengthened slightly as the central parity rate of renminbi, or China's currency yuan, was set at 6.6553 per U.S. dollar Friday, comared with Thursday's 6.6557, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is ...

China's yuan strengthens to 6.6557 per USD Thursday: The central parity rate of renminbi, or China's currency yuan, strengthens to 6.6557 per U.S. dollar Thursday from Wednesday's 6.6589, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on the inter-bank foreign ...

China's yuan weakens to 6.6589 per USD Wednesday: The central parity rate of renminbi, or China's currency yuan, weakens to 6.6589 per U.S. dollar Wednesday from Tuesday's 6.6469, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on the inter-bank foreign ...

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