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Chinese stocks drop at midday Thursday: Chinese stocks dropped at midday Thursday with the benchmark Shanghai Composite Index down 1.74 percent, or 43.61 points, to end the morning session at 2,469.36. The Shenzhen Component Index lost 1.9 percent, or 209.28 points, to 10,782.57.

China's stocks slump tracking Nikkei's fall: China's stocks fell 2.78 percent on Thursday tracking declines in the Asian markets and heavy losses on Wall Street on Wednesday. The benchmark Shanghai Composite Index fell 2.78 percent, or 69.91 points, to close at 2,443.06 points. The Shenzhen Component Index dropped 3.01 ...

China's stocks fall at Thursday's opening: China's stocks dropped at opening on Thursday following Wall Street's falls overnight. The benchmark Shanghai Composite Index slid 0.87 percent to open at 2,491.21. The Shenzhen Component Index opened 0.87 percent lower at 10,896.61.

Chinese IPOs to hit record in Germany: Chinese companies are holding IPOs in Germany at a record pace and Europe's debt crisis is unlikely to derail that trend, according to Deutsche Boerse AG, Europe's largest securities exchange. "This year is already the best and we always hope to do better," Barbara Georg, head of ...

Oil Tumbles Over 6 Pct on Recession Fears: U.S. crude oil price tumbled over 6 percent on Thursday as fears of global recession were mounting in view of weak data from U.S. and Europe. Light, sweet crude for November delivery dropped 5.41 dollars, or 6.30 percent to 80.51 dollars a barrel on the New York Mercantile ...

U.S. Stocks Plunge on Intensified Economic Concerns: The U.S. stocks plunged on Thursday, with the blue-chip Dow plummeting nearly 400 points, as the Federal Reserve's bleak outlook on the economy and poor economic data added to fears of a double-dip recession. The Dow Jones industrial average tumbled 391.01, or 3.51 percent, to 10...

Chinese stocks rally at midday Wednesday: Chinese stocks rebounded at midday Wednesday with the benchmark Shanghai Composite Index surging 2.18 percent, or 53.38 points, to end the morning session at 2,501.13. The Shenzhen Component Index climbed 2.46 percent, or 262.62 points, to 10,941.92.

China's yuan hits new high against USD Wednesday: The Chinese currency Renminbi, or the yuan, strengthened 108 basis points to 6.3772 per U.S. dollar on Wednesday, a fresh high since the reform of the yuan's exchange rate formation mechanism, according to the China Foreign Exchange Trading system. Global financial markets ...

HP Board Considers Firing CEO Apotheker: Reports: Hewlett-Packard's board of directors is considering firing Chief Executive Officer Leo Apotheker after 11 months on the job and replacing him with former eBay CEO and California governor candidate Meg Whitman, multiple reports said on Wednesday. Whitman, who joined the HP Board, ...

U.S. Stocks Slide despite Fed's Operation Twist: U.S. stocks slid on Wednesday, with major indexes closing at session lows, even after the Federal Reserve announced measures known as "Operation Twist" to drive down long-term interest rates. The blue-chip Dow tumbled about 2.5 percent at the close. The broader S&P 500 plunged ...

Oil Ends Lower despite Sharp Inventories Decline, Fed's Stimulus: Crude prices ended lower on Wednesday with strong pressure from the dollar despite sharp decline of U.S. weekly crude inventories and the Federal Reserve's new stimulus measures. The dollar rallied after the Federal Reserve announced more economy-boosting measures after the two...

After-tax Prices of Imported Aviation Kerosene Rise: The after-tax prices of China's imported aviation kerosene reached 7,770 yuan (1,217 US dollars) per metric ton in August, or 110 yuan more per metric ton than in July, a month-on-month rise of 1.4 percent, according to data released Tuesday by Xinhua08. Xinhua08, which is run by ...

China's Stocks Rise Most in Four Weeks: China's stocks made their greatest gains in four weeks on Wednesday, with the benchmark Shanghai Composite Index rising 2.66 percent to close at 2512.96 points. The Shenzhen Component Index gained 2.93 percent, or 312.55 points, to finish at 10,991.85. Combined turnover on the ...

Red Chips Would Flock International Board: Shanghai's long-awaited international board will be a major platform for the return of red chips, rather than genuine foreign companies, a senior official with the Shanghai Stock Exchange said on Sept 20. The remark made by Chao Kejian, director of the exchange's offering and ...

Red chips would flock international board: Shanghai's long-awaited international board will be a major platform for the return of red chips, rather than genuine foreign companies, a senior official with the Shanghai Stock Exchange said on Tuesday. The remark made by Chao Kejian, director of the exchange's offering and ...

China stocks rebound at midday Tuesday: China's stocks recovered at midday Tuesday from a near 14-month low after Premier Wen Jiabao called for more support of country's public housing construction projects. The benchmark Shanghai Composite Index rose 0.41 percent, or 10.00 points, to end the morning session at 2,447...

China's stocks rebound 0.41% Tuesday: China's stocks ceased their declines and rebounded on Tuesday. The benchmark Shanghai Composite Index rose 0.41 percent, or 9.96 points, to end at 2,447.76. The Shenzhen Component Index added 0.20 percent, or 21.67 points, to finish at 10,679.30.

China's stocks open lower Tuesday: China's stocks fell at opening on Tuesday with the benchmark Shanghai Composite Index down 0.17 percent to open at 2,433.72. The Shenzhen Component Index opened 0.21 percent lower at 10,635.47.

Dollar Trading Mixed amid Italy Downgrade, Fed Meeting: The U.S. dollar traded mixed against major currencies in late New York trading Tuesday as Italian credit rating was downgraded and Federal Reserve began a two-day monetary policy meeting. The rating agency Standard & Poor's cut Italian long-term sovereign ratings by one notch ...

Wall Street Weighed by European Debt Woes, Fed Decision Eyed: Wall Street ended mixed in thin trading on Tuesday as investors were awaiting the outcome of a key Federal Reserve meeting. After rising as much as 148 points, the blue-chip Dow Jones industrial average ended with very small gains, adding mere 7.65 points, or 0.07 percent, to 11...

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