Search Results for: china
Asian shares turn higher as China rallies, dollar up
May 26th, 2015
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. European shares marked a weak finish in ...
Joint Announcement of China Securities Regulatory Commission and Securities and Futures Commission
May 25th, 2015
To deepen Mainland-Hong Kong financial cooperation and promote the joint development of the Mainland and Hong Kong capital markets, the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) have decided to embark on the Mainland-Hong ...
Hewlett-Packard sells China unit stake for $2.3bn
May 22nd, 2015
US tech giant Hewlett-Packard is selling a 51% stake in its Chinese server business for $2.3bn (£1.4bn) to Tsinghua Holdings. The deal brings together HP with the investment arm of China’s Tsinghua University in a joint venture called H3C, ...
India & China seal record 24 deals estimated at $10bn
May 18th, 2015
India and China have signed a record 24 bilateral agreements worth $10 billion during Indian Prime Minister Narendra Modi’s first visit to China. Both sides are dedicated to establish a “new direction between the two largest Asian countries.” Education, ...
Asian shares uneven as China data tempers lift from US rally
May 15th, 2015
Shares in Asia were uneven on Friday as the big markets in Japan and Hong Kong got a lift from the rebound on Wall Street, but weak data dragged Chinese shares lower. KEEPING SCORE: Japan’s Nikkei 225 stock index ...
Asia shares rise before China data, more stimulus seen
May 13th, 2015
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy. ...
China Adopts IMF Accounting Practice in Reserve-Currency Push
May 12th, 2015
China adopted the International Monetary Fund’s standards for its latest balance of payments data as the nation seeks to obtain reserve-currency status for the yuan. The changes, effective this year, include putting reserve assets under the financial rather than ...
China’s central bank is just getting started
May 11th, 2015
China’s central bank is just getting started with its efforts to shore up the country’s struggling economy. The People’s Bank of China announced new interest rate cuts over the weekend, the third such action since November. The central bank’s benchmark one-year ...
Oil prices fall on oversupply fears, ignore record China imports
May 8th, 2015
* China’s monthly crude imports up 13 pct on month * But analysts warn fundamentals remain weak (Re-leads with price falls, updates prices) Oil fell on Friday, erasing gains earlier in the session, as concerns over oversupply outweighed strong ...
China’s imports plunge in new sign of economic weakness
May 8th, 2015
China‘s imports and exports contracted again in April in a new sign of economic weakness, adding to pressure on Chinese leaders to reverse a politically dangerous slump. Imports fell by a bigger-than-expected 16.2 percent over a year earlier to ...
