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China stocks close higher Tuesday: Chinese shares closed slightly higher Tuesday, extending Monday's rally to close at a new four-month high. ( The benchmark Shanghai Composite Index rose 0.12 percent, or 3.73 points, to end at 2,999.94, approaching the key 3,000 mark. The Shenzhen Component Index edged up 0.03 ...

Chinese shares open slightly higher Tuesday: Chinese shares opened slightly higher on Tuesday with the benchmark Shanghai Composite Index up 0.02 percent to 2,996.73. The Shenzhen Component Index rose 0.04 percent at the opening to 13,146.68.

Yuan weakens 36 basis points to 6.5687 per US dollar Tuesday: The Chinese currency, or the yuan, on Tuesday weakened 36 basis points to 6.5687 per U.S. dollar from the previous trading day, according to the China Foreign Exchange Trading System. The central parity rate of the yuan, or RMB, hit a record high of 6.5651 against the U.S.dollar ...

China stocks soar driven by resources sector: China stocks closed sharply higher and tested the key psychological marks Monday, lifted by investors' moves to buy shares of resources companies. The benchmark Shanghai Composite Index jumped 1.83 percent, or 53.91 points, to end at 2,996.21, just a few points from the key 3,000 ...

Chinese shares close higher at midday Monday: Chinese shares closed higher in Monday's morning session, with the benchmark Shanghai Composite Index up 1.44 percent to end at 2,984.53. The Shenzhen Component Index climbed 1.55 percent to finish at 13,093.7.

Chinese shares open higher Monday: Chinese shares opened higher on Monday with the benchmark Shanghai Composite Index up 0.35 percent to 2,952.72. The Shenzhen Component Index edged up 0.52 percent at the opening to 12,961.42.

Yuan advances to record high of 6.5651 per dollar: The Chinese currency Renminbi (RMB), or the yuan, on Monday strengthened to an all-time high of 6.5651 per U.S. dollar, according to the China Foreign Exchange Trading System. Monday's central parity rate of the RMB against U.S. dollar was 20 basis points lower than the previous ...

Will gold sparkle or lose its shine?: With so many investors jumping on the gold bandwagon amid rising inflation and widespread unrest in Arab countries, the temptation to join the latest rush is no doubt high among Chinese people in a country that has cherished the precious metal for centuries. But is it wise to buy ...

Investors move away from dollar: The Middle East remains unstable and this is driving up the price of oil as the prospects of prolonged disturbances continue. Permanent increases in the oil price have already been factored into airfares, freight contracts and other logistics services. The anticipated impact of ...

ChiNext Index closes up -- March 4: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, gained 7.55 points, or 0.71 percent, to close at 1,071.86 Friday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes ...

China stock index futures close up -- March 4: China's stock index futures closed higher Friday with the contract for March, the most actively traded, up 1.59 percent from the previous trading day to end at 3,288.6 points. The April contract rose 1.71 percent to close at 3,304 points. The June contract was up 1.63 percent to ...

China stocks close higher Friday: Chinese shares closed higher Friday with the benchmark Shanghai Composite Index up 39.33 points, or 1.35 percent, to end at 2,942.31, the highest close since mid-November. The Shenzhen Component Index gained 1.54 percent, or 195.68 points, to finish at 12,893.84 points.

Gold retreats from record high: Gold futures on the COMEX Division of the New York Mercantile Exchange declined from its record high on Thursday, as Venezuela offered to mediate a resolution to the crisis in Libya, which helped dampen safe-haven demands. The most active gold contract for April delivery shed 21...

Chinese shares open mixed Friday: Chinese shares opened mixed on Friday with the benchmark Shanghai Composite Index down 0.03 percent to 2,902.19. The Shenzhen Component Index edged up 0.13 percent at the opening to 12,714.24.

Oil retreats from multi-year high: U.S. crude oil price fell on Thursday from its two and half year high as efforts for Libya's peace eased investors worries. On Thursday, a spokesman for Venezuelan President Hugo Chavez said the Libyan government has accepted Venezuela's plan for an international commission to ...

Wall Street gains on upbeat jobs, sales data: U.S. stocks closed higher Thursday on positive jobs and retail sales data. The Labor Department reported on Thursday that the number of people requesting unemployment benefits last week fell by 20,000 to a seasonally adjusted 368,000. The reading was the third decline in the last ...

ChiNext Index opens lower Friday: ChiNext Index fell 0.08 percent to open at 1,063.43 Friday. The index, officially launched on June 1, 2010 on the Shenzhen Stock Exchange, has a base value of 1,000 points. The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized ...

China's yuan rises to record high of 6.5671 per USD: The Chinese currency Renminbi (RMB), or the yuan, on Friday strengthened to an all-time high of 6.5671 per U.S. dollar, according to the China Foreign Exchange Trading System. Friday's central parity rate of the RMB against U.S. dollar was 24 basis points lower than the previous ...

China stock index futures open mixed Friday: China's stock index futures opened mixed Friday. The contract for settlement in March, the most actively traded, opened 5.4 points lower at 3,231.8. The April contract opened at 3,248.2, down 0.4 points from the previous close. And the contract for settlement in June opened at 3...

U.S. Stocks Drop on Oil despite Strong Job Report: U.S. stocks dropped on Friday on surging oil prices, despite a solid report of unemployment rate. The Labor Department said on Friday that nonfarm payrolls increased 192,000 in line with expectations. Data for December and January was revised to show 58,000 more jobs created than ...

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