Chinese shares end lower Friday
2011-05-06 16:29:13
Chinese shares closed lower Friday with the benchmark Shanghai Composite Index down 8.52 points, or 0.3 percent, to 2,863.89.
Yuan strengthens against USD on Friday
2011-05-06 13:12:06
The value of Chinese currency renminbi (RMB), or the yuan, gained 22 basis points against the US dollar on Friday.
Banks and drugmakers boost the markets
2011-05-06 12:58:38
Stocks on the Chinese mainland rose on Thursday, following the biggest loss in two months.
China top fund manager favors resource stocks
2011-05-06 11:12:27
China's top-performing fund manager is favoring resource and agriculture stocks, as the country's government intensifies its fight against the worst inflation in three years amid rising commodity prices.
China top fund manager favors resource stocks
2011-05-06 11:12:27
China's top-performing fund manager is favoring resource and agriculture stocks, as the country's government intensifies its fight against the worst inflation in three years amid rising commodity prices.
Banking regulator denies reports of down payment rise
2011-05-06 09:30:39
The China Banking Regulatory Commission (CBRC) Thursday refuted media reports that the minimum down payment for the first home buyers would be raised to 50 percent from the current 30 percent.
China loses $271b from debt holdings
2011-05-06 09:18:08
China suffered a loss of about $271.1 billion on its foreign exchange reserves accumulated between 2003 and 2010.
ODI set to overtake FDI 'within three years'
2011-05-06 06:58:39
Outbound direct investment from China is set for the fast track, said a senior commerce official.
China's central bank pumps less liquidity into market
2011-05-05 16:59:28
The People's Bank of China (PBOC), the central bank, scaled back its efforts to pump liquidity into money market this week, as funds continued to pour into China betting on the appreciation of its currency.
Hong Kong stocks close 0.23% lower
2011-05-05 16:46:28
Hong Kong stocks fell 53.63 points, or 0.23 percent, to close at 23,261.61 on Thursday.
China's forex reserves suffers huge losses from weak dollar
2011-05-05 13:09:51
China's newly-added foreign exchange reserves since 2003 have lost about $271.1 billion by the end of 2010 as a result of the depreciation of the US dollar.
Yuan continues to weaken against USD Thursday
2011-05-05 11:09:06
The value of Chinese currency renminbi (RMB), or the yuan, continued to weaken on Thursday after the record high of 6.4990 per US dollar set on April 29.
