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Chinese shares open higher Monday: China's equities opened higher on Monday, with the benchmark Shanghai Composite Index moving up 2.79 points, or 0.11 percent, to open at 2,601.48. The Shenzhen Component Index gained 13.69 points, or 0.12 percent, to open at 11,221.94.

China's yuan hits record high against U.S. dollar Friday: The central parity rate of the yuan, China's currency Renminbi (RMB), gained only by 9 basis points Friday but still struck a new record high at 6.7172 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System. Friday's yuan central parity ...

China to continue moderately easy monetary policy: The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the moderately easy monetary policy and make it better-targeted and more flexible in the coming months of this year. The announcement came in the PBOC's report on China's financial ...

U.S. stocks rise on stronger dollar, mixed data: U.S. stocks rose on Wednesday as the U.S. dollar strengthened against the Japanese yen while investors weighed two mixed reports in manufacturing. The U.S. dollar surged against the yen after the Bank of Japan intervened in the currency markets for the first time since 2004. The ...

China's yuan rises to new record against U.S. dollar Thursday: The central parity rate of the yuan, China's currency Renminbi (RMB), strengthened for a fifth consecutive trading day to a fresh high Thursday at 6.7 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System. The yuan's central parity gained 69 ...

Japan intervenes in currency market for 1st time since 2004: Japan's Finance Minister Yoshihiko Noda confirmed that Japan has intervened in the currency market for the first time since March 2004 to stem the yen's rise, which has spiked to a 15-year highs against the U.S. dollar and severely battered Japan's export-led recovery. "We have ...

Dollar slips on upbeat Chinese data, new global banking rules: The U.S. dollar tumbled against most major currencies in late New York trading on Monday as upbeat Chinese economic data and new global banking rules boosted risk appetite. The latest data released by National Bureau of Statistics of China on Saturday showed factory production ...

China's yuan rises to new high against U.S. dollar: The central parity rate of the yuan, China's currency Renminbi (RMB), rose to a fresh high Tuesday, breaking the previous record set on Monday, according to the data released by the China Foreign Exchange Trading System. The yuan's central parity jumped 131 basis points, or 0.19 ...

Chinese shares open slightly higher Monday: China's equities rose slightly at the opening on Monday, with the benchmark Shanghai Composite Index up 2.45 points, or 0.09 percent, to 2,665.66. The Shenzhen Component Index opened higher with a gain of 10.93 points, or 0.09 percent, to 11,541.92.

Japanese stocks open higher as yen retreats from 15-year high: Japanese stocks opened higher Thursday as the yen retreated from a 15-year high. In the first 15 minutes of trading, the benchmark Nikkei-225 index rose 81.98 points, or 0.91 percent, from Wednesday to 9,106. 58. The broader Topix index of all First Section issues on the Tokyo ...

Chinese banks' forex surplus tops &26.6 bln in July: The surplus of Chinese banks' foreign exchange purchases to sales in transactions with clients in July reached 26.6 billion U.S. dollars, revealed statistics of the State Administration of Foreign Exchange (SAFE) Tuesday. In July, China's institutional and individual clients sold ...

China's yuan hits new high against U.S. dollar: The central parity rate of the yuan, China's currency Renminbi (RMB), hit a new high Monday, according to the data released by the China Foreign Exchange Trading System. The yuan's central parity strengthened 116 basis points to the highest level of 6.7509 per U.S. dollar Monday ...

Chinese shares close lower at midday Thursday: Chinese equities closed lower at midday Thursday, with the benchmark Shanghai Composite Index down 27.69 points, or 1.03 percent, to end the morning session at 2,667.6. The Shenzhen Component Index dropped 163.81 points, or 1.4 percent, to close the morning session at 11,558.97.

Stocks close lower in Mexico, Brazil, higher in Argentina: Latin America's three major stock markets closed mixed on Wednesday. Mexico City's IPC stock index closed at 32,409.6 points, down 0.12 percent. A total of 355.1 million shares were traded with a volume of 826 million U.S. dollars. At the Buenos Aires stock market, the Merval ...

China's yuan strengthens against U.S. dollar Monday: The value of China's currency Renminbi (RMB) strengthened against the U.S. dollar Monday as the central parity rate of the yuan was set at 6.7838 per U.S. dollar, compared with the 6.7973 Friday, according to the data released by the China Foreign Exchange Trading System. China's ...

Indonesian banks face difficulties disbursing micro credit: Indonesia's major banks are still facing several constraints in disbursing government-sponsored micro loans to small businesses despite high demand, the Jakarta Post quoted an executive as saying on Monday. "Many credit applicants' businesses failed to meet criteria set by banks ...

China's yuan strengthens 123 basis points against USD: The central parity rate of the yuan, China's currency Renminbi (RMB), strengthened 123 basis points to 6.8003 per U.S. dollar Thursday from 6.8126 per U.S. dollar Wednesday, according to the data released by the China Foreign Exchange Trading System. China's central bank ...

Chinese shares open slightly higher Friday: China's equities edged up slightly on Friday, with the benchmark Shanghai Composite Index adding only 2.35 points to open at 2,658.13. The Shenzhen Component Index rose 0.28 percent, or 32.33 points, to open at 11,497.48.

China stock index futures open higher Thursday: China's stock index futures opened higher Thursday with the contract for settlement in September, the most actively traded, up 1.32 percent to open at 2,920 points. The October contract rose 1.33 percent to open at 2,931 points, while the December contract opened at 2,950 points, ...

China stocks close down Thursday: Chinese shares closed down Thursday after economic figures released by the government showed economic expansion slowed in the third quarter from the previous two quarters and consumer price index hit a 23-month high. The benchmark Shanghai Composite Index fell 0.68 percent, or 20...

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