Business / Finance

Chinese shares close higher Monday

[2013-08-05 15:36]

Chinese shares closed higher Monday, as the benchmark Shanghai Composite Index increased 1.04 percent, or 21.06 points, to end at 2,050.48.

22.6b yuan lock-up shares begin tradable

[2013-08-05 10:44]

Lock-up shares worth 22.6 billion yuan will begin tradable in Shanghai and Shenzhen stock exchanges this week, according to data from the two bourses.

Sovereign fund sees 10.6% return

[2013-07-27 02:13]

China Investment Corp, the country’s sovereign wealth fund, achieved a 10.6 percent gain from its global investments in 2012, compared with 2011.

FX purchases decline on signs of US QE easing

[2013-07-23 02:05]

China reported the first decline of foreign exchange purchases in seven months amid signs the United States will "taper off" its quantitative easing policy.

Observers renew call for more flexible yuan

[2013-07-18 05:44]

Experts are calling for a more flexible yuan exchange rate and further opening of the capital account to ease pressure on the country's massive foreign exchange reserves.

Equities sink 5.3% to fresh 2013 low

[2013-06-25 07:41]

Chinese stocks sank more than 5 percent to a fresh 2013 low as investors concluded the government would not boost the market.

A shares see biggest daily plunge in 4 yrs

[2013-06-24 15:38]

China shares suffered their biggest daily loss since August 2009 on Monday, with the benchmark Shanghai Composite Index down 5.3 percent to end at 1,963.24.

Liquidity shortage creates opportunities

[2013-06-22 21:32]

Depositors who have invested in financial products may be able to make a fortune soon, as bank managers are not pleased with a recent liquidity shortage.

Stock market to lift ban on shares worth $5b

[2013-06-23 20:40]

China's stock market will lift a ban on restricted shares with a combined market value of 30.9 billion yuan during the next trading week.

China-Britain currency swap agreement to boost market confidence

[2013-06-24 09:53]

The currency swap agreement between the Bank of England and the People's Bank of China is a very positive step.

A-shares' inclusion may bring $180 billion inflow

[2013-06-19 10:50]

The possible inclusion of China's A-shares into global benchmarks would lead to $180 billion of inflow to the Chinese equity market, Deutsche Bank said.

ChiNext Index surges 3.78%

[2013-06-14 16:37]

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, surged 3.78 percent, or 38.87 points, to close at 1,068.15 points on Friday.

China stock index futures close higher

[2013-06-14 16:26]

China's stock index futures closed higher on Friday, with the contract for June 2013, the most actively traded, up 0.40 percent from the previous trading day to 2,395.6 points.

Chinese shares inch up from 6-month low - June 14

[2013-06-14 16:15]

Chinese shares slightly climbed on Friday following an eight-day losing streak that saw the key Shanghai index slumping to its lowest level in six months.

Equities slump amid slow-growth estimates

[2013-06-14 01:55]

Investor sentiment was further depressed by word of a resumption in IPOs, which many believe could depress market liquidity and drag share prices.

China injects $15b into banking system

[2013-06-14 06:04]

The People's Bank of China pumped 92 billion yuan into the banking system through its regular open market operations this week.

Guangdong to invest $126b in transportation

[2013-06-14 06:17]

Guangdong is expected to further invest 775.1 billion yuan ($126 billion) in transportation infrastructure by 2016.

Gold rises on weaker Chinese economic data

[2013-06-11 09:40]

Gold futures on the COMEX division of the New York Mercantile Exchange rose slightly on weaker-than- expected Chinese economic data Monday.

China to collect more accurate investment data

[2013-06-04 09:32]

China will start a pilot reform of data collection relating to fixed asset investment in 2013, to make local economic statistics more reliable.

Market volatility under Abenomics

[2013-06-03 11:37]

Volatility is the new normal for Japanese stock investors, as the market swings from optimism to apprehension.