China's most expensive luxury apartment is no longer up for sale, the apartment's developer said on Friday, following high media exposure and a government investigation concerning a possible case of profiteering. The luxury penthouse apartment in downtown Beijing was being sold ...
Hong Kong shares fell for the third consecutive session on Thursday to a nine-month low after the Wall Street tumbled on weak U.S. economic data and renewed concerns about the risk of Greece defaulting on its sovereign debt. Hong Kong stocks lost 390.66 points, or 1.75 percent, ...
Chinese shares closed lower on Thursday with the benchmark Shanghai Composite Index down 1.52 percent, or 41.15 points, at 2,664.28. The Shenzhen Component Index lost 1.55 percent, or 179.98 points, to 11,435.99.
The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access to privileged information of listed companies. The move is aimed at tackling reports of rampant stock market insider trading and market ...
U.S. stocks ended mixed on Thursday with tech shares lagging, as investors weighed better- than-expected jobs and housing data against worsening Greek debt problems. Major indexes opened higher on Thursday after the Labor Department said that the number of people applying for ...
The U.S. dollar traded mixed against major currencies in late New York trading on Thursday as investors feared that Greece debt problems can not be solved and data showed that U.S. jobless claims fell last week. The disagreement between the European Central Bank and Germany on ...
Related: IEA Foresees Increasing Oil Demand through 2016 IEA Foresees Increasing Oil Demand through 2016 Crude prices edged up on Thursday after the plunge on the previous trading day as International Energy Agency (IEA) reported global oil demand would rise. Oil got strength ...
Gold futures on the COMEX Division of the New York Mercantile Exchange further hiked on Thursday, as market was concerned that the sovereign debt problem in Greece may worsen, which sparked increasing safe-haven demands. The most active gold contract for August delivery rose 3.7 ...
Global oil consumption will increase by 1.2 million barrels per day over the next five years, the International Energy Agency (IEA) said Thursday. Assuming the crude oil price at 103 U.S. dollars a barrel, the IEA estimated that growth in oil supply capacity through 2016 can ...
Though characterized by recovery, the global oil and natural gas markets have gone their separate ways in recent months, chief of the International Energy Agency (IEA) said Thursday. The oil markets had seen a surge in demand in emerging markets, IEA Executive Director Nobuo ...
The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access to privileged information of listed companies. The move is aimed at tackling reports of rampant stock market insider trading and market ...
Individuals with access to critical information may have to register on regulatory list BEIJING - The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access to privileged information of listed ...
Chief Executive of the Hong Kong Monetary Authority (HKMA) Norman Chan on Wednesday said here that the use of Chinese currency Renminbi will facilitate the business between China and emerging market economies. Chan made the remarks in a luncheon seminar entitled "Use of Renminbi ...
Hong Kong shares closed flat on Tuesday, as bargain hunting in the morning session was offset by an unexpected move by China's central bank to raise the amount banks must keep in reserve. The Hang Seng China Enterprises Index rose 55.43 points, or 0.45 percent, to close at 12,488...
Chinese shares closed higher on Tuesday with the benchmark Shanghai Composite Index up 1.1 percent, or 29.66 points, at 2,730.04. The Shenzhen Component Index climbed 1.82 percent, or 210.05 points, to 11,732.04.
China's central bank decided Tuesday to raise banks' required reserve ratio again in an attempt to tame inflation which is running at a 34-month high of 5.5 percent in May. The People's Bank of China released a statement Tuesday afternoon after closing of the stock market that ...
Crude prices rebounded on Tuesday as U.S. economic data came in beating expectations and the greenback weakened against a basket of currencies. U.S. retail sales in May fell for the first time in 11 months, but the drop of 0.2 percent was less than expected, easing the concerns ...
Yili, one of China's leading dairy makers, is facing a serious public relations battle after a whistle-blower, in an online letter, accused its chairman and other executives of embezzling hundreds of millions of yuan worth of assets from the company. Shares of Yili plummeted the ...
Chinese shares fell slightly on Monday with the benchmark Shanghai Composite Index down 0.18 percent, or 4.76 points, at 2,700.38. The Shenzhen Component Index dropped 0.62 percent, or 71.40 points, to 11,521.98.
BEIJING -- About 2.04 billion non-tradable A-shares of 22 listed companies will be unlocked this week and become available for trading starting Monday, according to the Shanghai and Shenzhen stock exchanges. The market value of the unlocked shares stood at 19.29 billion yuan ($2...