Search Results for: China
China’s e-commerce giant Alibaba sees business potential in Russia; Interview with Ma Yun
June 22nd, 2015
Ma Yun, founder and chairman of China’s e-commerce giant Alibaba, speaks during an interview with Xinhua News Agency in Moscow, Russia, June 21, 2015. China’s e-commerce giant Alibaba sees promising prospects for the development of Russian online trading market, ...
Asian shares edge higher after Fed vote, China, Greece eyed
June 19th, 2015
Asian shares rose for a third consecutive day on Friday, and the dollar remained on the back foot against the region’s currencies as investors bet U.S. interest rates will not as rise quickly as expected. “This removes a source ...
ICE Benchmark Administration Announces Bank of China as a Direct Participant to the Gold Auction
June 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that Bank of China has been approved by ICE Benchmark Administration (IBA) to participate in the gold auction which is used to determine the ...
China shares fall, other Asian markets mixed ahead of Fed
June 17th, 2015
Chinese stocks fell for a third day and other Asian markets were mixed Wednesday as investors looked ahead to the U.S. Federal Reserve‘s policy update. KEEPING SCORE: The Shanghai Composite Index shed 2.4 percent to 4,769.73 and Tokyo’s Nikkei ...
China Shares Fall as Startup Shares Get Pricey
June 16th, 2015
Stocks in Asia mostly fell Tuesday, with China leading the decline, as investors there sell shares in highflying startup stocks that have gotten expensive. The Shanghai Composite Index was down 0.9% at 5019.42 following a 2% drop Monday, while ...
China’s stock market is now worth over $10 trillion
June 15th, 2015
$10 trillion! That’s how much money China’s stock market is worth right now. As of the end of May, the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange clocked in at $4.4 trillion, ...
China securities watchdog bans illegal share financing
June 15th, 2015
China’s securities watchdog has reiterated that brokerages should not help illicit share financing, amid rising concerns on highly-leveraged capital in a bullish stock market. Securities companies were asked not to help illegal lending to share purchases, according to an ...
MSCI puts decision to include China ‘A’ shares in index on hold
June 10th, 2015
U.S. index provider MSCI Inc (MSCI.N) has told China it must further liberalize its capital markets before it will include Chinese domestic shares in one of its global benchmarks, in a setback for Beijing’s efforts to promote its currency ...
Asian shares slip, China’s imports disappoint
June 8th, 2015
An index of Asian shares extended losses on Monday after Chinese imports declined more than expected, while the dollar was higher after upbeat U.S. employment data raised bets that the U.S. central bank would raise interest rates as early ...
Euro off highs, China shares swing to new peak
June 5th, 2015
Asian shares were mostly lower on Friday while bonds snapped a vicious losing streak and the euro retreated as investors braced for U.S. jobs data and another day of drama over Greece. The main exception was China where stocks ...
