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Europe faces prospect of more bailouts: Europe faces prospect of more bailouts Europe s government debt crisis intensified last Thursday as worries grew that the continent s most financially troubled countries, mainly Ireland and Portugal, will need a bailout to avoid bankruptcy just as Greece did earlier this year. ...

Hebei Steel to issue new shares: Major Chinese steelmaker Hebei Iron and Steel (Hebei Steel) said it had gained a green light from the Hebei government for its plan to raise up to 16.0 billion yuan by issuing up to 3.8 billion new shares in the Chinese stock market, so as to purchase 100 percent of Hanbao Steel ...

Taiyuan Steel's 9-month Profit Skyrockets: Taiyuan Iron and Steel expected a 27- to 27.5-fold rise in its net profits during the first three quarters of this year, to 0.99 billion to 1.00 billion yuan. Its earnings were 0.173 yuan to 0.176 yuan per share. Third quarter net profits were 175 million to 192 million yuan, ...

Daye Special's H1 Profits Soar: It's reported that many listed Chinese steelmakers have so far seen their stock prices below their net assets. But Daye Special Steel, whose actual controller is CITIC Pacific Special Steel, bucked the trend by posting a year-on-year rise of 161.74 percent in net profit in the ...

China's move to raise bank reserve ratio draws global response: BEIJING, Jan. 13 (Xinhua) -- The decision of the People's Bank of China (PBOC), the central bank, to increase the deposit reserve requirement ratio has drawn worldwide attention and fluctuations in global markets. The PBOC decided on Tuesday to raise the deposit reserve ...

China's index futures milestone step to develop capital market: BEIJING, April 17 (Xinhua) -- China launched its decade-long awaited index futures Friday, a milestone in the country's efforts to push the reform of capital market. The new index saw a strong debut Friday, in contrast with a dip in the country's broader stock market, as ...

Price surge in certain agricultural products has limited impact on China's CPI: official: BEIJING, May 30 (Xinhua) -- Price surge in some agricultural products such as garlic and mung beans would have a limited impact on China's overall inflation, said Peng Sen, vice minister of the National Development and Reform Commission (NDRC), the national economic planner. The ...

Curbing property speculation: BEIJING, April 22 -- Recent government measures to stem rising housing prices will change supply and demand to cool market expectations The State Council, the country's Cabinet, rolled out a series of harsh measures over the weekend in the latest bid to curb soaring home prices. ...

China's consumer confidence edges up in second quarter: BEIJING, Aug. 12 (Xinhua) -- A major index reflecting Chinese consumers' confidence in the economy posted a slight gain in the second quarter, said a report issued by the China Economic Monitoring & Analysis Center and Nielsen Co. here Thursday. China's Consumer Confidence Index ...

China's machinery sector may cool in step with economy: BEIJING, Aug 5(Xinhunet) -- China's machinery industry has rebounded during the first half of this year, but the momentum is likely to slow as the country's economy cools. The machinery industry has grown by 37 percent during the first six months of 2010, with a total output ...

China's inflation to peak in January: report: HONG KONG, Jan. 7 (Xinhua) -- China's consumer price index (CPI) inflation is likely to rise to 4.0 percent for 2011 from 3.3 percent last year, which is to peak in January at as high as 6.0 percent, forecast Daiwa Capital Markets in its outlook report released on Friday. Daiwa, ...

Guangdong Huawei is listing yesterday: On Nov. 16, Guangdong Huawei Toys Craft Co., Ltd. is listing on the stock market in SME Board (Shenzhen Stock Exchange) with issue price of 29 RMB. Huawei is one of the leading toy companies in Guangdong, China, and the partner of GP from Italia and Disney from US. Huawei issued ...

China stock market calendar: China stock market calendar China stock market calendar-Jan.25 BEIJING, Jan 24, 2010 (Xinhua via COMTEX) -- China's stock market calendar, updated on Jan.25: 1. IPO Issuer Ticker code Date of online subscription Date of offline subscription Issue price (RMB) Number of shares ...

China plays its function at work on metals markets: China plays its function at work on metals markets The market needed a healthy correction from these fantastic gains and late January has been the time for it possibly compounded by the Chinese New Year holidays beginning February 14, 2010. Rising stockpiles in the LME warehouses ...

Chinese miners active globally to feed economic growth: Chinese miners active globally to feed economic growth In its recently released report on the state of the global mining industry Mine Back to the Boom PriceWaterhouseCoopers (PwC) reported that, in 2009, the Chinese had been in the forefront of mining mergers and acquisitions (M...

Property Developers Fall In China: Property Developers Fall In China Asian stock markets ended lower Tuesday, with Chinese property developers falling on concerns Beijing may launch more measures to cool property prices, while Japanese shares were pulled lower by selling in stocks that went ex-dividend. The day ...

China Stocks Drop Most in Two Weeks as Loan Curbs Maintained: China Stocks Drop Most in Two Weeks as Loan Curbs Maintained China's stocks fell, with the benchmark index declining the most in two weeks, after the government quashed speculation it will abandon real-estate curbs that drove property prices lower for the first time in 16 months. ...

China Scrambles to Secure Moly Resources: China Scrambles to Secure Moly Resources World leaders are scrambling to gain control of global molybdenum assets on speculation that China will cut exports. China is the world's largest producer of molybdenum, supplying over a third of global supplies. But growing domestic ...

Gold and tungsten set to feature in a buoyant year for metal market: Gold and tungsten set to feature in a buoyant year for metal market For many members of the Proactive Investors community, the machinations in the metal market have a very real impact on day-to-day investment decisions. Here we have sought the opinions of two movers in the market...

Gold and tungsten set to feature in a buoyant year for metal market: Gold and tungsten set to feature in a buoyant year for metal market For many members of the Proactive Investors community, the machinations in the metal market have a very real impact on day-to-day investment decisions. Here we have sought the opinions of two movers in the market...

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China slams Japan's NHK governor's denial of Nanjing massacre: BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...

Bill Gates talks nuclear: Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

China's reform leading group holds first meeting: BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...

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Reforms to fuel Shanghai's growth in 2014: BEIJING, Jan. 27 (Xinhuanet) -- Shanghai's financial sector grew 13.7 ...

Economist sees world economy strengthening in 2014: NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...

Xinhua Feature: World's political, business leaders gather in Davos for WEF: DAVOS, Switzerland, Jan. 22 (Xinhua) -- The snow-covered Swiss town of ...

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Chinese leader calls for more marine power: Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...

Court rejects Apple lawsuit over iPad name: Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...

Super car club in commercial drive: On the night of Nov 11, more than 150 super cars were driven into the ...

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Fourteen countries expected to compete in Cuba's wrestling tourney: Some 14 countries and regions are expected to compete in the 45th ...

Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Stars 'Big Three' fall short of title in 1st year: Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...

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