Bank: No cats on 100-yuan note

2012-02-09 10:34:02

The Chinese Internet is abuzz over what many believe to be an inconspicuous illustration of three cartoon cats on the 100-yuan ($16) note, though officials from the central bank claim people's imaginations are getting the better of them.

Buyers default on carbon credits

2012-02-09 10:03:22

European companies have thrown a large number of Chinese emissions reduction projects into doubt by refusing to pay the pre-agreed price following a market plunge, industry insiders said.

Hong Kong stocks close 1.54% higher

2012-02-08 17:26:11

Hong Kong stocks gained 319.27 points, or 1.54 percent, at 21,018.46 on Wednesday.

China, Malaysia extend currency swap agreement

2012-02-08 16:41:38

The People's Bank of China and Bank Negara Malaysia announced that the two central banks had renewed a currency swap deal on Wednesday, a move aimed at reinforcing the financial cooperation between the two countries.

China stock index futures close higher -- Feb 8

2012-02-08 16:26:55

China's stock index futures closed higher on Wednesday, with the contract for February, the most actively traded, climbing 3.12 percent to close at 2,536.4 points.

ChiNext Index ends up -- Feb 8

2012-02-08 16:25:37

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 18.62 points, or 2.76 percent, to close at 692.3 points on Wednesday.

China's stocks surge over 2% Wednesday

2012-02-08 15:43:44

China's stocks surged over 2 percent on Wednesday driven largely by oil shares after the country's top economic planner raised the retail prices for gasoline and diesel on Tuesday.

PBOC: Ensure credit for first-home buyers

2012-02-08 13:57:10

Banks must provide loans to first-home buyers, the People's Bank of China (PBOC) said in a statement on Tuesday, the first clear call to support mortgage lending since starting a policy tightening cycle to calm the property market two years ago.

PBOC drains funds from banks after liquidity improves

2012-02-08 13:40:47

The People's Bank of China (PBOC), or the central bank, on Tuesday auctioned 26 billion yuan ($4.12 billion) of repurchase agreements (repo), the first such move in two months as liquidity improves after the Chinese lunar New Year holiday season.

Death sentence weighs heavily

2012-02-08 10:32:14

Wu Ying, a tycoon once listed among the richest women in China, has come to her last hope of survival.

CIC, Sinopec among investors in oil sands IPO

2012-02-08 10:14:09

Sovereign wealth fund China Investment Corp (CIC) and state refiner Sinopec are among the three cornerstone investors to pledge $350 million toward Canadian oil explorer Sunshine Oilsands Ltd's Hong Kong IPO, Reuters reported, citing a source with direct knowledge of the matter.

Lenders in Tianjin cut back on EU exposure

2012-02-08 09:13:16

Chinese banks and companies in the northern city of Tianjin have cut exposure to Europe in a move to reduce their risks amid the spreading eurozone debt crisis, a newspaper run by the Chinese central bank has reported.