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Nikkei falls as Japan dumps radioactive water: The Nikkei took a beating today from the news that low-level radioactive water was poured into the sea from a quake-crippled power plant. The benchmark 225-issue Nikkei Stock Average lost 103.34 points, or 1.06 percent, from yesterday to 9,615.55. The broader Topix index of all ...

China strikes 10 yuan-against-dollar deals on first day of option trading: The China Foreign Exchange Trade System transacted ten deals of the yuan against U.S. dollar options on Friday, the State Administration of Foreign Exchange said on Saturday. The notional principal amount of the ten deals reached 49 million U.S. dollars, the foreign exchange ...

China's March CPI Rise to Exceed 5 Pct: Economists: China's consumer prices are expected to rise more than five percent in March on a lower comparison basis from a year ago and imported inflation, economists have said. Shanghai-based Shenyin Wanguo Securities predicts the Consumer Price Index (CPI), a major gauge of inflation, to ...

China stocks rebound over 1% Friday on positive data: Chinese shares ended four consecutive days of losses and closed higher Friday, with the benchmark Shanghai Composite Index up 39.3 points, or 1.34 percent, to 2,967.41. The Shenzhen Component Index rose 136.52 points, or 1.09 percent, to 12,699.42. Combined turnover shrank to 203...

Metals futures give up gains by day end: Metals on the Shanghai Futures Exchange (SHFE) closed down across the board Thursday, giving back almost all of Thursday's gains. The benchmark June copper contract was the biggest mover of the day, down 0.96 percent at 70,520 yuan ($10,769) per ton at the close of trading, ...

Price tags have magical allure for China's new rich: [By Liu Rui/Global Times] In the 1980s, my uncle, a professor at China's Capital Normal University, spent some time in New York as a visiting scholar. Before he went back to China, he went to Manhattan's Fifth Avenue with plans to buy a gift for his wife. The only problem was ...

Chinese shares close mixed at midday Friday: Chinese shares headed towards different directions during the morning session on Friday after a key reading indicated China's manufacturing activities accelerated. The benchmark Shanghai Composite Index gained 7.16 points, or 0.24 percent, to close the morning session at 2,935.28...

Arab unrest will shake oil prices, global finance: [By Liu Rui/Global Times] Recently the political unrest sweeping through the Arab world has caused tremendous damage to the domestic economy and living conditions of those countries within its range. Its severe consequences will be exposed further in the future, and the ...

China's yuan sets new high against USD Friday: The Chinese currency, or the yuan, on Friday gained 37 basis points from Thursday to a record high of 6.5527 per U.S. dollar. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day. The central parity rate of ...

China stocks close lower Thursday: Chinese shares closed lower Thursday with the benchmark Shanghai Composite Index down 27.66 points, or 0.94 percent, to 2,928.11. The Shenzhen Component Index declined 98.32 points, or 0.78 percent, to 12,562.9.

Chinese shares close lower at midday Thursday: Chinese shares closed lower in Thursday's morning session, with the benchmark Shanghai Composite Index down 0.97 percent to 2,927.15. The Shenzhen Component Index fell 0.58 percent to 12,588.38.

Chinese shares open almost flat Thursday: Chinese shares opened almost flat on Thursday with the benchmark Shanghai Composite Index down 0.04 percent to 2,954.65. The Shenzhen Component Index opened 0.03 percent higher at the opening to 12,665.86.

China's yuan sets new high against USD Thursday: The Chinese currency, or the yuan, on Thursday gained 22 basis points from Wednesday to a record high of 6.5564 per U.S. dollar. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day. The central parity rate ...

Chinese shares close lower at midday Wednesday: Chinese shares closed lower in Wednesday's morning session, with the benchmark Shanghai Composite Index down 0.48 percent to 2,943.85. The Shenzhen Component Index shed 0.32 percent to 12,637.48.

Measures fear damps key index: Shanghai's key stock index yesterday fell for a second day over concerns that the central government may unveil tightening measures ahead of a three-day national holiday. The Shanghai Composite Index dipped 0.1 percent to 2,955.77. Turnover shrank to 153 billion yuan (US$23 ...

China stocks close lower Wednesday: Chinese shares closed lower Wednesday with the benchmark Shanghai Composite Index down 2.31 points, or 0.08 percent, to 2,955.77. The Shenzhen Component Index declined 16.39 points, or 0.13 percent, to 12,661.22.

Oil prices may surge to new highs: Crude oil prices may easily break record highs if the unrest in Libya and the rest of the Middle East and North Africa spreads to more major oil producing countries, a senior energy analyst said on Monday. Any serious turmoil in Saudi Arabia or other oil producing countries would ...

China's yuan advances against USD Wednesday: The Chinese currency, or the yuan, on Wednesday gained 39 basis points to 6.5586 per U.S. dollar from Tuesday. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day. The central parity rate of the RMB against ...

China stocks close lower Tuesday: Chinese stocks closed lower Tuesday amid concerns that the central bank may further beef up liquidity management to cool inflation. The benchmark Shanghai Composite Index fell 25.93 points, or 0.87 percent, to 2,958.08. The Shenzhen Component Index declined 197.91 points, or 1.54 ...

Chinese shares close higher at midday Tuesday: Chinese shares closed higher in Tuesday's morning session, with the benchmark Shanghai Composite Index up 0.24 percent to 2,991.18. The Shenzhen Component Index climbed 0.06 percent to 12,883.01.

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