Stocks take a hit as inflation concerns bite
2011-03-25 10:02:01
Stocks on the Chinese mainland fell for the first time in five days on concerns that a surge in commodity prices will spur inflation and curb earnings growth.
PBOC further tightens liquidity to control inflation expectation
2011-03-25 09:49:05
The People's Bank of China (PBOC), China's central bank, stepped up efforts this week to tighten excessive liquidity stemming from Chinese banks, as capital on the money market remains abundant throughout the country.
BOC profit increases 29% in 2010
2011-03-25 09:34:42
The Bank of China announced on Thursday that it posted a 28.52 percent increase year on year in after-tax profits to 109.69 billion yuan ($16.71 billion) in 2010.
Housing price hunch lifts mainland stocks
2011-03-24 07:53:07
Stocks on the Chinese mainland rose for a fourth day on speculation fresh earthquakes in Japan will boost demand for non-nuclear energy.
Buffett eyes large countries for investment
2011-03-24 07:53:07
Billionaire Warren Buffett on Tuesday said he is looking to invest in large countries like India, China and Brazil.
Stocks advance as Japan nuclear concerns lessen
2011-03-23 07:38:11
SHANGHAI - Stocks on the Chinese mainland rose for a third day on speculation higher borrowing costs will bolster bank profits and concerns eased that the Japanese nuclear crisis may curb regional economic growth.
Gold gains further as unease lingers over Libyan crisis
2011-03-23 07:38:11
SINGAPORE - Gold gained for a fifth day as unrest in Libya, and lingering concern over the effect of Japan's nuclear crisis, combined to fuel demand for the metal as a store of value.
China to accelerate development of OTC market
2011-03-22 17:54:46
China will accelerate the development of its over-the-counter (OTC) stock market by first opening it to qualified high-tech firms and then expanding participation to other sectors, local media said on Tuesday.
Starr Investments sues China MediaExpress
2011-03-22 17:51:31
Starr Investments, a firm run by former AIG chief Maurice Greenberg, has sued China MediaExpress Holdings , saying it was fraudulently induced to invest about $13.5 million in the firm, court documents show.
Chinese shares close up Tuesday
2011-03-22 17:45:53
Chinese shares closed up Tuesday with the benchmark Shanghai Composite Index up 10.01 points, or 0.34 percent, to 2,919.14.
8 overseas banks OKed to buy mainland bonds
2011-03-22 10:14:44
China took a fresh step on Monday to promote use of the yuan outside the mainland, giving approval to another batch of overseas banks to trade in the onshore bond market using yuan accumulated overseas.
Kweichou Moutai's dividend plan hits record
2011-03-21 17:16:48
Kweichow Moutai Co offered a dividend to its shareholders for 23 yuan ($3.42) plus 1 share for every 10 shares. Kweichow Moutai, China's largest liquor manufacturer in terms of market value, made the offer in its annual report released Monday, Shanghai Securities News reported.
