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Nikkei falls 1.27 yen on Italy fears, Olympus scandal: Tokyo stocks closed lower Tuesday, with the benchmark Nikkei stock index losing 1.27 percent on investor caution over Italy's political situation and Olympus Corp 's. admission that it covered up massive losses compounded a pessimistic market mood. Tokyo-based brokers said that ...

Gold price closes higher in Hong Kong: The gold price in Hong Kong rose 180 HK dollars at 16,580 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,790.96 U.S. dollars per ounce, up 19.44 U.S. dollars at the latest exchange rate of one U.S. dollar ...

Yuan weakens to 6.3247 against USD Tuesday: The Chinese currency Renminbi, or the yuan, weakened 35 basis points to 6.3247 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central ...

China's stocks close lower Tuesday: Chinese stocks extended losses on Tuesday. The benchmark Shanghai Composite Index fell 0.24 percent, or 5.96 points, to close at 2,503.84. The Shenzhen Component Index slid 50.56 points, or 0.48 percent, to finish at 10,541.1.

Oil Gains for Fifth Day on Higher Demand Outlook: U.S. crude prices gained for the fifth straight session on Tuesday as major oil producers raised their forecasts for world oil demand. In its World Oil Outlook report released on Tuesday, the Organization of Petroleum Exporting Countries (OPEC), raised its forecast of world oil ...

U.S. Stocks Rebound after Italian PM Promises to Resign: Wall Street rebounded on Tuesday as investors cheered for Italian Prime Minister Silvio Berlusconi' s promise to resign. Berlusconi announced that he would resign after Parliament passes economic reform measures. The vote on the plan was scheduled for next week. Investors thought ...

Farm Produce Prices Continue to Fall: Farm produce prices in China continued to fall for the week ending on Nov. 6, according to a report released by the Ministry of Commerce on Tuesday. Wholesale prices of 18 staple vegetables dropped by an average of 2.2 percent from the previous week. It was the fourth straight ...

China's Stocks Close Lower Tuesday: Chinese stocks extended losses Tuesday as plunging home sales weighed on property developers, and media and entertainment companies led declines. The benchmark Shanghai Composite Index fell 0.24 percent, or 5.96 points, to close at 2,503.84. The Shenzhen Component Index slid 50...

China's stocks close lower Monday: Chinese stocks closed lower on Monday, with the benchmark Shanghai Composite Index down 0.73 percent, or 18.5 points, to close at 2,509.8 The Shenzhen Component Index slid 107.83 points, or 1.01 percent, to finish at 10,591.66.

China's Stocks Close up Friday: Chinese stocks closed higher Friday, with the benchmark Shanghai Composite Index up 0.81 percent, or 20.2 points, to close at 2,528.29. The Shenzhen Component Index rose 0.71 points, or 75.37 percent, to finish at 10,699.49.

Yuan strengthens to 6.3165 against USD Friday: The Chinese currency Renminbi, or the yuan, strengthened 33 basis points to 6.3165 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the ...

China's stocks rise Thursday: Chinese stocks closed higher after data released Thursday showed that the country's non-manufacturing growth slowed in October. The Purchasing Managers Index (PMI) of the country's non-manufacturing sector, a key economic indicator, fell to 57.7 percent in October from 59.3 ...

China's Stocks Rise Thursday: Chinese stocks closed higher after data released Thursday showed that the country's non-manufacturing growth slowed in October. The Purchasing Managers Index (PMI) of the country's non-manufacturing sector, a key economic indicator, fell to 57.7 percent in October from 59.3 ...

Gold price opens flat in Hong Kong: The gold price in Hong Kong opened the same as Wednesday's close at 16,100 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,739.34 U.S. dollars a troy ounce at the latest exchange rate of one U.S. dollar ...

Yuan strengthens to 6.3198 against USD Thursday: The Chinese currency Renminbi, or the yuan, strengthened 99 basis points to 6.3198 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the ...

Oil edges up on weakening dollar: U.S. crude oil price edged up on Wednesday following choppy trading as the dollar weakened. The euro bounced on Wednesday after the big fall on the previous trading day, but investors remained cautious about Greece 's referendum which cast more uncertainties to European debt ...

Gold price opens higher in Hong Kong: The gold price in Hong Kong went up 62 HK dollars to open at 15,930 HK dollars per tael on Wednesday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,720.31 U.S. dollars a troy ounce, up 5.6 U.S. dollars at the latest exchange rate of one U...

U.S. Stocks Recover from Two-day Slump: U.S. stocks rebounded strongly on Wednesday on positive job data after severe sell-offs on renewed European concerns. The Dow Jones industrial average gained 178.08 points, or 1.53 percent, to 11,836.04. The Standard & Poor's 500 was up 19.62 points, or 1.61 percent, to 1,237.90. ...

Oil Edges up on Weakening Dollar: U.S. crude oil price edged up on Wednesday following choppy trading as the dollar weakened. The euro bounced on Wednesday after the big fall on the previous trading day, but investors remained cautious about Greece 's referendum which cast more uncertainties to European debt ...

China Stocks Close Higher Wednesday: Shocks to China's stock markets brought by Greece's surprise call for a referendum on the European bailout fund lasted for just a half-day on Wednesday, with key indexes posting single-day turnarounds. The Chinese equity markets bucked the global trend and reversed early losses ...

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