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Oil Gains on Greece's Hopes, Fed Meeting: Crude prices gained on Tuesday after choppy trading as Greece may receive more bailout fund after the second round conference call with its international creditors while the Federal Reserve's meeting was expected to come up with more monetary boosting policy. The Fed started its ...

Gold Recoups 1,800 Dollars on Italy Downgrading: Gold futures on the COMEX Division of the New York Mercantile bounced off weakness on Tuesday, recouping the 1,800-dollar-per-ounce mark, as Italy's downgrading helped spur demands for gold as a safe-haven investment. The most active gold contract for December delivery advanced ...

China's stocks open lower Monday: China's stocks fell at opening on Monday with the benchmark Shanghai Composite Index down 0.51 percent to open at 2,469.60. The Shenzhen Component Index opened 0.57 percent lower at 10,815.80.

Gold falls to 3-week low as dollar gains strength: Gold futures on the COMEX Division of the New York Mercantile suffered a sharp drop on Monday, falling to the lowest level in more than three weeks, as a stronger U.S. dollar dampened the demand for gold investment. The most active gold contract for Dec. delivery slumped 35.8 U. ...

China stocks slide more than 1.7% Monday: China's stocks widened their losses and fell across the board on Monday over concerns that the economy may slow further in the coming months of the year and in 2012. The benchmark Shanghai Composite Index dropped 1.79 percent, or 44.55 points, to end at 2,437.8. The Shenzhen ...

Bearish outlook due to lack of stimulus: Shares in Shanghai may remain bearish this week because of a lack of stimulus to boost investors' confidence at a time when domestic demand is sluggish and the global economic climate is dim. The Shanghai Composite Index may move between 2,430 and 2,560 points this week, some ...

China's Gold Investment to Top Record: The World Gold Council says gold demand in China is likely to top a record 200 metric tons this year. Gold investment demand surged 70 percent last year to an all-time high of 187 tons. India is currently the world's top bullion buyer, followed by China. The two countries ...

China to Be Second Largest Aviation Market in 2030: China will become the second largest aviation market, and Chinese aircraft manufacturer will join top four makers by 2030, Airbus Chief Operating Officer Customers said on Monday. After Airbus released its Global Market Forecast 2011- 2030 in London, Airbus Chief Operating ...

China sets standards for 'high pure gold': Authorities have released the first national standards on "high pure gold," a move that is likely to boost the country's gold consumption. "High pure gold," as it is called in the standards, refers to the gold with purity of 99.999 percent, or "five nines," and is also the ...

Listed Internet companies see revenues surge in Q2: Listed Chinese Internet companies reported surging revenues in the second quarter, raising hopes for a renewal of global investors' confidence in China-concept stocks, according to a latest report by a consulting agency. A total of 37 major listed Chinese Internet companies saw ...

Listed Chinese Internet Companies See Revenues Surge in Q2: Listed Chinese Internet companies reported surging revenues in the second quarter, raising hopes for a renewal of global investors' confidence in China-concept stocks, according to a latest report by a consulting agency. A total of 37 major listed Chinese Internet companies saw ...

Gold falls below 1,800 USD mark: Gold futures on the COMEX Division of the New York Mercantile Exchange plunged on Thursday and closed below 1,800 dollar mark, as the world's top central banks announced they will provide additional dollar loans to commercial banks, reducing demand for safe harbor assets. The ...

Yuan advances to 6.3797 against USD Friday: The Chinese currency Renminbi, or the yuan, gained 81 basis points to a record high of 6.3797 per 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 stocks close mixed Thursday: China's stocks saw a mixed close on Thursday after a central bank report showed that public sentiment towards stock investment has hit its lowest point in three years. The benchmark Shanghai Composite Index edged down 0.23 percent, or 5.77 points, to end at 2,479.06. The Shenzhen ...

Yuan advances to 6.3878 against USD Thursday: The Chinese currency Renminbi, or the yuan, gained 67 basis points to 6.3878 per 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 central parity ...

China stocks rise slightly after consecutive drops: China's stocks came out of three consecutive days of decreases to edge up on Wednesday after Premier Wen Jiabao expressed confidence in the nation's economy. The benchmark Shanghai Composite Index rose 0.55 percent, or 13.52 points, to end at 2,484.83. The Shenzhen Component ...

Companies Queuing up for FDI Program: Companies are poised to take advantage of the yuan-backed foreign direct investment program, according to a senior banker. Pei Yigen, treasury and trade solutions product head of Citibank China and the Shanghai branch manager, said: "Lots of companies, most of them multinational, ...

Chinese stocks fall Tuesday on tightening concerns: Stocks fell on Tuesday on speculation that the government may continue its tightening measures after last month's imports rose to a record high and new bank lending increased. The benchmark Shanghai Composite Index fell 1.06 percent, or 26.45 points, to end at 2,471.31. The ...

RQFII enhances HK's role as offshore RMB center: Analysts said that the imminent RMB Qualified Foreign Institutional Investors (RQFII) trials will be conducive to expanding the investment channels of yuan funds raised in Hong Kong. This will also enhance Hong Kong's role as an offshore RMB center and accelerating yuan's ...

Market Falls to 14-month Low: Shanghai's key stock index fell to the lowest in 14 months in the morning session on concerns over worsening debt crisis in Europe and that tightening policies may continue in China after new lending in August increased. The benchmark Shanghai Composite Index dropped 1.43 percent ...

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finance

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

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trade

sports

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 ...

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