Business / Finance

China's lottery sales surge 18.7% in Feb

[2014-03-18 14:53]

China's lottery sales soared 18.7% year on year to 20.01 billion yuan ($3.26 billion) in February, new data showed Tuesday.

Yuan eases after PBOC widens trading band

[2014-03-18 07:34]

The yuan eased against the US dollar in the first trading day after China doubled the currency's daily trading band to 2 percent - a move intended to increase volatility and break one-way appreciation.

Chinese stocks close lower Wednesday

[2014-03-19 15:52]

Chinese shares closed lower on Wednesday with the benchmark Shanghai Composite Index down 0.17 percent, or 3.46 points, to finish at 2,021.73.

Chinese stocks close mixed Tuesday

[2014-03-18 15:24]

Chinese shares closed mixed on Tuesday with the benchmark Shanghai Composite Index up 0.08%, or 1.52 points, to finish at 2,025.2.

Chinese stocks close higher Monday

[2014-03-17 15:38]

Chinese shares closed higher on Monday with the benchmark Shanghai Composite Index up 0.97 percent, or 19.33 points, to finish at 2,023.67.

Chinese stocks close lower Friday

[2014-03-14 15:39]

Chinese shares closed lower on Friday with the benchmark Shanghai Composite Index down 0.73 percent, or 14.77 points, to finish at 2,004.34.

Chinese stocks close higher Thursday

[2014-03-13 15:45]

Chinese shares closed higher on Thursday with the benchmark Shanghai Composite Index up 1.07 percent, or 21.42 points, to finish at 2,019.11.

China yuan weakens to 6.1343 against USD Wednesday

[2014-03-12 10:00]

The Chinese currency renminbi, or the yuan, went down 16 basis points to 6.1343 against the US dollar on Wednesday.

Chinese stocks close higher Tuesday

[2014-03-11 16:21]

Chinese shares closed higher on Tuesday with the benchmark Shanghai Composite Index up 0.1 percent, or 2.09 points, to finish at 2,001.16.

China's new yuan loans down in February

[2014-03-10 17:41]

China's new yuan-denominated lending stood at 644.5 billion yuan ($105 billion) in February, down from a four-year high seen in January.

China stocks slump on Monday

[2014-03-10 15:43]

Chinese shares slumped on Monday with the benchmark Shanghai Composite Index down 2.86 percent, or 58.84 points, to finish at 1,999.07.

Shanghai Index plunges on slowdown concerns

[2014-03-10 15:37]

China's benchmark index plunges after weaker-than-expected export data raise concerns about the country's weakening economy and currency.

China stocks slump 1.7% midday

[2014-03-10 13:38]

Chinese shares tumbled during midday Monday after economic data over the weekend showed a sharp drop in exports.

China yuan weakens to 6.1312 against USD Monday

[2014-03-10 10:26]

The Chinese currency renminbi, or the yuan, went down 111 basis points to 6.1312 against the US dollar on Monday.

Chinese stocks close lower Wednesday

[2014-03-05 16:39]

Chinese shares closed lower on Wednesday with the benchmark Shanghai Composite Index down 0.89 percent, or 18.39points, to finish at 2,053.08.

China's yuan in record spot market fall

[2014-02-28 21:04]

China's yuan on Friday took its biggest tumble in the spot market since the reform of the exchange rate system in 2005.

Chinese stocks close lower Tuesday

[2014-03-04 15:44]

Chinese shares closed lower on Tuesday with the benchmark Shanghai Composite Index down 0.18 percent, or 3.76points, to finish at 2,071.47.

Investment deals for Internet finance up 64%

[2014-02-27 15:38]

Ninety investment deals involving 78 companies were made in the Chinese Internet finance sector in 2013, an increase of 64% year-on-year, according to the latest report from Zero2IPO Group.

China's lottery sales top 27 billion yuan

[2014-02-27 08:49]

China's lottery sales hit 27.15 billion yuan ($4.45 billion) in January, up 9.2 percent year on year, the Ministry of Finance said on Wednesday.

Chinese stocks close higher Friday

[2014-02-28 16:00]

Chinese shares closed higher on Friday with the benchmark Shanghai Composite Index up 0.44 percent, or 8.95 points, to finish at 2,056.30.

...