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China's yuan weakens to 6.6441 per USD Tuesday: The central parity rate of renminbi, or China's currency yuan, weakened to 6.6441 per U.S. dollar Tuesday from Friday's 6.6303, 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 exchange ...

ChiNext Index opens higher Tuesday: ChiNext stocks added 5.87 points to open at 1154.41 points on Tuesday. 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 (small and medium...

China stock index futures close mixed Monday: China's stock index futures closed mixed Monday with the contract for December, the most actively traded, down 0.14 percent from the previous trading day to end at 3,352.8 points. The November contract shed 0.42 percent to 3,297.6 points. The March 2011 contract climbed 0.36 ...

ChiNext Index closes up Monday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, gained 66.3 points, or 6.13 percent, to close at 1,148.54 on Monday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up ...

Shares close slightly higher Monday: Chinese shares closed slightly higher Monday from an almost 15-month low the previous trading day, as banks rebounded. The benchmark Shanghai Composite Index was up 0.97 percent, or 28.98 points, to close at 3,014.41. The Shenzhen Component Index rose 0.64 percent, or 81.55 ...

Liquidity concerns to take center stage: Stock investors continue to be concerned this week about the possibility of less liquidity in the market amid China's tighter monetary measures as well prospects for a firmer US dollar, leading analysts to warn of a severe fluctuation in the market. Their concerns are expected to ...

Hoarding, speculation jack up garlic, ginger prices: Prices of cooking staples like ginger and garlic have doubled over the past year, according to the Ministry of Commerce. A ministry survey done in 36 cities found garlic prices shot up 96 percent, while ginger prices also rose 90 percent. "Hoarding and speculation of these two ...

Wall Street tumbles after China's plunge: Wall Street tumbled on Friday after the Shanghai Composite index plunged 5.2 percent on speculations that China may raise interest rates. U.S. stocks opened lower as markets were pressured by speculations that China might take further monetary-policy tightening measures to ...

Gold drops on China interest rate hike rumor: Gold futures on the COMEX Division of the New York Mercantile Exchange on Friday suffered a sharp drop, falling below 1,400 U.S. dollars, on a stronger dollar and speculation that China will raise interest rates to tame inflation. The most active gold contract for December ...

Chinese shares dive most in 15 months: Chinese shares plummeted the most since Aug. 31 last year on Friday, as investors feared more interest rate rises after inflation hit a 25 month high in October. The benchmark Shanghai Composite Index lost 5.16 percent, or 162.31 points, to 2,985.44. The Shenzhen Component Index ...

Shanghai index slumps 5.16%: Shanghai's key stock index plunged the most in 14 months to end below 3,000 points. Commodity and financial shares slumped among concern the government may step up measures to curb surging consumer prices. The benchmark Shanghai Composite Index tumbled 5.16 percent, or 162.31 ...

Shares plunge more than 2% at midday Friday: Chinese shares dropped by more than 2 percent at midday Friday on profit-taking, said analysts. The benchmark Shanghai Composite Index slid 2.27 percent, or 71.47 points, to 3,076.28 in the morning session. The Shenzhen Component Index dropped 3.37 percent, or 461.07 points, to ...

ChiNext Index opens lower Friday: ChiNext stocks declined 0.52 percent to open at 1126.85 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 (small and ...

China stock index futures open lower Friday: China's stock index futures opened lower Friday. The contract for settlement in November, the most actively traded, opened 58.4 points lower at 3,488. The December contract opened 84.8 points lower at 3,529, while the contract for settlement in March 2011 opened at 3,669, down 41...

Chinese shares open lower Friday: China's stocks were lower at the opening Friday with the benchmark Shanghai Composite Index down 0.82 percent to open at 3,121.92. The Shenzhen Component Index dropped 0.66 percent to open at 13,594.88.

Moody's upgrades China credit rating: Moody's Investors Service, one of the world's leading ratings agencies, said Thursday it has raised China's bond rating from A1 to Aa3, the fourth highest ranking, and given it a positive outlook. The move was based on the country's resilient economic performance and expectations ...

China stock index futures close mixed: Chinese stocks ended mixed Thursday after official data showed China's consumer price index (CPI) in October surging to 4.4 percent year on year, a 25-month high. The benchmark Shanghai Composite Index rose 1.04 percent, or 32.39 points, to close at 3,147.74. The Shenzhen ...

HK stocks end 0.82% higher: Hong Kong stocks Thursday went up 199.69 points, or 0.82 percent, to close at 24,700.30, led by Chinese oil shares on expectations that that high inflation will boost the prices.8 The benchmark Hang Seng Index opened up 0.4 percent at 24,598. 81 and traded between 24,887.58 and ...

Chinese shares close mixed Thursday: China's stocks were mixed at the close Thursday, after officials said the October CPI climbed to a 25-month high at 4.4 percent. The benchmark Shanghai Composite Index up 1.04 percent, or 32.39 points, to close at 3,147.74. The Shenzhen Component Index lost 0.15 percent, or 20.74 ...

ChiNext Index closes down: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, lost 8.86 points, or 0.78 percent, to close at 1,132.72 on Thursday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up ...

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