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HK shares expected to open higher on lower oil: HONG KONG - Hong Kong shares are expected to rise on Monday, after losing 7.4 percent last week, following a pullback in crude oil prices on Friday. A statement from the Chinese capital markets regulator saying it was reviewing the possibility of further opening up its markets to ...

Oil supply boost won't lower prices: Iraq: LONDON - Any increase in world oil output would not have a significant impact on record-high crude prices that are being driven by speculation, Iraq's oil minister said on Tuesday. Regulations needed to be introduced to stabilize oil markets, Hussain al-Shahristani said in an ...

Guotai Junan HK to launch IPO: Guotai Junan (Hong Kong), the wholly-owned subsidiary of Shanghai-based Guotai Junan Securities, passed its listing hearing June 10 and will soon start the pre-marketing of its initial public offering (IPO) in Hong Kong, the 21st Century Business Herald reported Sunday. Founded ...

Chinese shares lower at midday Monday: Chinese shares closed lower at midday Monday, with the benchmark Shanghai Composite Index down 0.58 percent, or 16.73 points, to 2,854.97 in the morning session. The Shenzhen Component Index was down 0.88 percent, or 109.74 points, to close the morning session at 12,429.27.

ChiNext Index opens lower Monday: ChiNext stocks on Monday opened at 1,195.31 points, down 0.06 percent, or 0.71 points. The index, officially launched on June 1 on the Shenzhen Stock Exchange, has a base value of 1,000 points. The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME ...

Chinese equities open lower Monday: Chinese shares opened lower Monday, with the benchmark Shanghai Composite Index down 0.37 percent to open at 2,861.15. The Shenzhen Component Index opened at 12,527.53, down 0.09 percent.

China stock index futures open mixed Monday: China's stock index futures opened mixed Monday. The contract for settlement in December, the most actively traded, opened 0.02 percent higher at 3,207.6. The January 2011 contract opened 0.98 percent higher to open at 3,270 while the contract for settlement in March 2011 opened ...

ChiNext Index closes up Friday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, rose 9.66 points, or 0.81 percent, to close at 1,196.02 on Friday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the ...

China's stocks close lower Friday: China's stocks closed lower Friday, with the benchmark Shanghai Composite Index down 0.92 percent, or 26.56 points, to close at 2,871.70. The Shenzhen Component Index lost 0.52 percent, or 65.07 points, to end at 12,539.01. Combined turnover shrank from Thursday's 323.22 billion ...

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 ...

ChiNext Index opens lower Friday: ChiNext stocks shed 0.35 percent, or 4.13 points, to open at 1,182.22 points on Friday. The index, officially launched on June 1 on the Shenzhen Stock Exchange, has a base value of 1,000 points. The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME ...

China stock index futures open lower Friday: China's stock index futures opened lower Friday. The contract for settlement in December, the most actively traded, opened 0.29 percent lower at 3,228. The January 2011 contract opened shed 0.29 percent to open at 3,253.4 while the contract for settlement in March 2011 opened at ...

Chinese equities open lower Friday: Chinese shares opened lower Friday, with the benchmark Shanghai Composite Inde down 0.28 percent to open at 2,890.29. The Shenzhen Component Index declined 0.23 percent to open at 12,574.65.

South Korea announces first oil contingency measures: SEOUL - South Korea said on Sunday it was implementing a multi-stage contingency plan aimed at reducing energy consumption before the skyrocketing oil prices push Asia's fourth-largest economy into a full-fledged crisis. Prime Minister Han Seung-soo told a televised news ...

China stock index futures close up Thursday: China's stock index futures closed higher Thursday with the contract for December, the most actively traded, up 1.15 percent from the previous trading day to end at 3,227.6 points. The January 2011 contract rose 0.95 percent to 3,263 points. The March 2011 contract jumped 0.82 ...

ChiNext Index closes down Thursday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, declined 22.09 points, or 1.83 percent, to close at 1,186.36 on Thursday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes ...

China's stocks close higher Thursday: Led by commodity producers, China's stocks closed higher Thursday, with the benchmark Shanghai Composite Index jumping 1.34 percent, or 38.32 points, to close at 2,898.26. The Shenzhen Component Index climbed 1.58 percent, or 196.43 points, to end at 12,604.08. Combined turnover ...

China stock index futures open higher Thursday: China's stock index futures opened higher Thursday. The contract for settlement in December, the most actively traded, opened 14.6 points higher at 3,212.0. The January 2011 contract opened 13.6 points higher at 3,255.0 while the contract for settlement in March 2011 opened at 3...

Chinese shares close higher at midday Thursday: Chinese shares closed higher at midday Thursday, with the benchmark Shanghai Composite Index up 0.94 percent, or 26.74 points, to 2,886.68 in the morning session. The Shenzhen Component Index added 1.21 percent, or 149.63 points, to close the morning session at 12,557.28.

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 ...

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