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China stocks edge up at midday Thursday: Chinese shares ended higher at midday Thursday with the benchmark Shanghai Composite Index up 1.72 percent, or 43.77 points to 2,584.86 points. The Shenzhen Component Index gained 1.74 percent, or 195.34 points, to 11,434.30 in the morning session.

China's stocks open higher Thursday: China's stocks opened higher on Thursday with the benchmark Shanghai Composite Index up 0.21 percent to open at 2,546.4. The Shenzhen Component Index opened 0.27 percent higher at 11,268.8.

PetroChina 1st-half net profits edge up 1%: The PetroChina Co. Ltd., the country's largest oil producer, said on Thursday its net profits edged up 1 percent year-on-year in the first six months of the year to 66.01 billion yuan (10.31 billion U.S. dollars). The figures were calculated according to international financial ...

Apple's CEO resignation makes ripples in China: Silicon Valley icon Steve Jobs' resignation from the top managing post of Apple Inc. has left many fans and industry analysts in China questioning the future of U.S. technology firm heavyweight. Jobs' resignation ranked as the day's top hot topic on Sina Weibo, the country's most ...

China stocks end higher at midday Wednesday: Chinese shares edged up at midday Wednesday with the benchmark Shanghai Composite Index up 0.17 percent to 2,558.32 points. The Shenzhen Component Index rose 0.59 percent to 11,310.1 in the morning session.

Chinese stocks end lower after Japan downgrade: China's stocks end lower on Wednesday, tracking losses on the peripheral markets after Moody's downgraded Japanese government's credit rating. The benchmark Shanghai Composite Index gave up early gains in the morning session to close the day by falling 0.51 percent, or 12.93 ...

China's stocks open higher Wednesday: China's stocks opened higher on Wednesday with the benchmark Shanghai Composite Index up 0.33 percent to open at 2,562.41. The Shenzhen Component Index opened 0.63 percent higher at 11,313.98.

China stocks close higher on Tuesday: Heavyweights lifted China's stocks on Tuesday after consecutive falls in the previous five trading days. The benchmark Shanghai Composite Index closed up 1.52 percent, or 38.16 points, to 2,554.02. The Shenzhen Component Index rose 1.18 percent, or 130.78 points, to finish at 11...

China's top banking regulator stresses bank credit risk control: Liu Mingkang, chairman of China's Banking Regulatory Commission (CBRC), on Tuesday said the regulator will prohibit bank loans from entering the stock market in an effort to enhance risk control for Chinese banks. Liu said the CBRC will also ban banks from providing guarantees ...

HK stocks end higher on gains in European markets: Hong Kong shares ended higher on Monday, as gains in the European markets lifted sentiment and reversed earlier losses caused by declines in stock markets of the Chinese Mainland and the Wall Street amid worries over a potential global economic recession. Hong Kong stocks gained ...

China stocks fall for fifth day on weak sentiment: China's stocks fell for a fifth trading day on Monday as market sentiment remained weak. The benchmark Shanghai Composite Index closed down 0.73 percent, or 18.5 points, to 2,515.86. The Shenzhen Component Index fell 1.67 percent, or 188.89 points, to finish at 11,112.64. ...

China's stocks open slightly higher Monday: China's stocks opened slightly higher on Monday with the benchmark Shanghai Composite Index up 0.01 percent to open at 2,534.57. The Shenzhen Component Index opened 0.12 percent higher at 11,315.3.

Investor cites CSRC for lax controls: When Chinese shares tumbled amid a global market rout this month, a letter accusing regulatory authorities of being lax in their duties was widely circulated around major websites and struck a chord with investment netizens. The open letter, written by a person identified only as ...

U.S. Stocks Modestly Higher on Hopes of New Stimulus Plan: U.S. stocks ended modestly higher on Monday as investors were expecting Federal Reserve Chairman Ben Bernanke would announce a new stimulus program later this week. Monday's trading was quite choppy. The blue-chip Dow Jones industrial average ended only 37 points higher after ...

Oil Rises Over 2 Pct on Hopes of Fed's Stimulus: U.S. crude oil price rose over 2 percent on Monday as investors hoped that the Federal Reserve could on Friday step into monetary stimulus to boost U.S. economy. Ben Bernanke, the Fed's chairman, is scheduled to deliver a speech on Friday. Crude investors were expecting that the ...

Dollar Mixed on Economic Concerns, Fed Speculation: The U.S. dollar traded mixed against major currencies in late New York trading on Monday as investors feared a double-dip recession and hoped for a further monetary easing policy by the Federal Reserve. Economic activities were still weak in July. The national activity index ...

Gold Settles Close to 1,900-Dollar Mark: Gold futures on the COMEX Division of the New York Mercantile Exchange surged to record level on Monday, the sixth straight rise in a row, amid increasing safe- haven demands as investors feared global economy would further worsen. The most active gold contract for December ...

Index seen flat on global concerns: The Shanghai stock market may remain flat due to low investor sentiment over uncertainties in global markets as well as fears of higher inflation, according to observers. The key Shanghai Composite Index dropped for the fourth day last Friday and ended the week at 2,534.36 points...

Citic Securities first-half profits up 13%: Citic Securities, China's largest brokerage by assets, said Saturday its net profit rose 13.12 percent year-on-year to 2.97 billion yuan (463.83 million U.S. dollars) in the first half of this year. Meanwhile, revenue fell 5.02 percent year-on-year to 7.51 billion yuan during the ...

Gold notches fourth straight record day: Gold futures on the COMEX Division of the New York Mercantile Exchange ended sharply higher on Friday, notching a new record-settlement high for the fourth time this week, as investors remained cautious about stocks and held more of the precious metal in search of safety. The ...

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