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ChiNext Index closes down Thursday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, fell 24.59 points, or 2.26 percent, to close at 1,064.31 Thursday. 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 down Thursday: China's stock index futures closed lower Thursday with the contract for March, the most actively traded, down 0.6 percent from the previous trading day to end at 3,223.6 points. The April contract fell 0.61 percent to close at 3,238 points. The June contract was down 0.59 percent ...

Gold price closes lower in Hong Kong: The gold price in Hong Kong moved down 27 HK dollars to close at 13,268 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,429.52 U.S. dollars a troy ounce, down 2.91 U.S. dollars at the latest exchange rate of ...

Chinese shares open slightly higher Thursday: Chinese shares opened higher on Thursday with the benchmark Shanghai Composite Index up 0.17 percent to 2,918.73. The Shenzhen Component Index edged up 0.07 percent at the opening to 12,889.23.

China stocks close lower Thursday: Chinese shares slid Thursday amid concerns of another reserve ratio hike with the majority of stocks down including gold, but those of new energy companies, banks and auto makers were up. The benchmark Shanghai Composite Index dropped 10.83 points, or 0.37 percent, to end at 2...

Chinese shares close modestly higher at midday Thursday: Chinese shares closed modestly higher in the morning session Thursday, as investors expect more positive policies from the upcoming annual sessions. The benchmark Shanghai Composite Index rose 16.59 points, or 0.57 percent, to finish the morning session at 2,930.4. The Shenzhen ...

ChiNext Index opens flat Thursday: ChiNext Index remained unchanged from the previous close to open at 1,088.89 Thursday. 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 ...

China stock index futures open higher Thursday: China's stock index futures opened higher Thursday. The contract for settlement in March, the most actively traded, opened 6.8 points higher at 3,249.8. The April contract opened at 3,264, up 6 points from the previous close. And the contract for settlement in June opened at 3...

China's yuan strengthens to record high of 6.5695 per USD: The Chinese currency Renminbi (RMB), or the yuan, on Thursday strengthened 41 basis points to 6.5695 per U.S. dollar, a record high, according to the China Foreign Exchange Trading System. Thursday's central parity rate of the RMB against U.S. dollar was 10 basis points lower ...

Wall Street Gains on Positive Economic Data: U.S. stocks closed higher Thursday on positive job claims 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 ...

Dollar Mixed on ECB Comment, Jobless Data: The U.S. dollar traded mixed against major currencies in late New York trading on Thursday as the head of the European Central Bank (ECB) signaled a possible interest rate hike and U.S. jobless claim dropped unexpectedly last week. Jean-Claude Trichet, president of the ECB, said ...

China's Inter-bank Bond Issues Up 65 Pct in Jan.: The People's Bank of China (PBOC), the central bank, said Thursday the financial market remained stable in January this year with inter-bank bond issuance up 65 percent year on year. In the first month, China's inter-bank bond issuance hit 345.35 billion yuan (52.57 billion U.S. ...

China stocks close lower Wednesday: Chinese shares closed lower Wednesday with the benchmark Shanghai Composite Index down 5.11 points, or 0.18 percent, to end at 2,913.81. The Shenzhen Component Index declined 0.53 percent, or 68.45 points, to finish at 12,880.27 points.

Yuan weakens 30 basis points against US dollar Wednesday: The value of Chinese currency Renminbi (RMB), the yuan, weakened 30 basis points against U.S. dollars Wednesday. The central parity rate was set at 6.5736 per U.S. dollar Wednesday, comparing 6.5706 per U.S. dollar the previous trading day, according to the China Foreign Exchange ...

Cocoa may rise: Cocoa in New York may average $4,000 a ton in the fourth quarter, according to Standard Chartered Plc, which raised its forecast for the three-month period by 18 percent from $3,400. "We see good value in longer-dated contracts, particularly the September 2011 and December 2011 ...

Chinese shares open lower Wednesday: Chinese shares opened lower on Wednesday with the benchmark Shanghai Composite Index down 0.46 percent to 2,905.51. The Shenzhen Component Index fell 0.54 percent at the opening to 12,878.43.

Gold extends rally, close to historical record: Gold futures on the COMEX Division of the New York Mercantile Exchange further hiked on Tuesday, approaching its historical record made in December 2010, as unrest in the Middle East and North Africa continued to boost safe-haven demands. The most active gold contract for April ...

China stocks close higher Tuesday: Chinese shares closed higher Tuesday with the benchmark Shanghai Composite Index up 14.65 points, or 0.5 percent, to end at 2,919.85. The Shenzhen Component Index rose 0.36 percent, or 46.28 points, to finish at 12,948.72 points.

PBoC to sell one billion yuan one-year bills: The People's Bank of China, the Chinese central bank, announced on Monday that it would sell one billion yuan (151.98 million U.S. dollars) one-year bills on Tuesday. This is the tenth batch of central bank bills this year, according to an announcement publicized on the bank's ...

Chinese shares close higher at midday Tuesday: Chinese shares closed slightly higher in the morning session Tuesday, with the benchmark Shanghai Composite Index up 0.63 percent to 2,923.56. The Shenzhen Component Index rose 0.62 percent to 12,981.85.

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