Search Results for: Chinese
HKEx-Shanghai Stock Sale Curb Shows China’s Rules Apply
August 11th, 2014
Investors using the Hong Kong-Shanghai exchange link to access China’s $3.6 trillion stock market will have to play by mainland rules. Traders who want to sell Shanghai-listed shares must transfer the securities to a broker before 7:30 a.m. to ...
British investigator Humphrey linked to GSK was jailed
August 11th, 2014
The Shanghai court sentenced a British company investigator to two-and-a-half years and his wife to two years in jail, for trafficking personal data in China. The british investigator, Mr Peter Humphrey, was hired by GlaxoSmithKline (GSK) China, which is ...
GSK-linked investigators stand trial in China – closely watched case
August 8th, 2014
A British investigator and his American wife will stand trial in Shanghai on Friday in a case that is seen as key to a bribery investigation against GlaxoSmithKline Plc. Peter Humphrey and his colleague and wife Yu Yingzeng, who ...
China July exports up 14.5 pct year-on-year, imports down 1.6 percent
August 8th, 2014
China’s surprisingly buoyant exports in July pushed its trade surplus to a record, but a drop in imports signals sluggish domestic demand that will likely call for continuing policy support to keep economic growth on track. Manufacturing appears to ...
Oil Falls After Strong Global Supplies
August 7th, 2014
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures were little changed in London. In Iraq, Kurdish exports remain ...
Hong Kong Plugs Captive Insurance To Mainland Companies
August 7th, 2014
The Permanent Secretary for Financial Services and the Treasury, Au King-chi, outlined Hong Kong’s plans to promote captive insurance for Mainland Chinese companies. Au said that, as “financial co-operation between Hong Kong and the Mainland has all along been ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
Asia stocks cautious, bonds up on Ukraine tensions
August 7th, 2014
Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher. Global ...
Xiaomi just took over China – is the U.S. next?
August 6th, 2014
In four short years, Chinese smartphone maker Xiaomi went from non-existence to No. 1 in China. Could the same happen in the United States? Possibly — but not anytime soon. Xiaomi captured 14% of the Chinese market in the ...
New York is back on top for IPOs
August 6th, 2014
New York is once again the top destination for global companies listing their stocks, according to a new report on “cross-border” IPOs. It’s the first time New York has topped Hong Kong since 2009. Companies that are based overseas ...
