Search Results for: china
SEC Charges Toronto-Based Consultant and Four Others in Reverse Merger Schemes Involving China-Based Companies
May 6th, 2014
The U.S. Securities and Exchange Commission (SEC), charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions ...
China factory activity shrinks in April, new export orders contract
May 5th, 2014
Activity in China’s manufacturing sector contracted for a fourth consecutive month in April, a private survey showed on Monday, adding to questions about whether the world’s second-largest economy is still losing momentum. The final reading of the HSBC/Markit purchasing ...
Oil price increases as Ukraine fear outweighs China data
May 5th, 2014
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at ...
China North East Petroleum Executive’s Case Ends in Mistrial
April 29th, 2014
A fraud case against a former vice president of China North East Petroleum Holdings Ltd. ended in a mistrial after jurors failed to agree on charges that he was part of a scheme to divert share offering proceeds, according ...
China opens first forex trading centre on border with Vietnam
April 28th, 2014
China has opened a currency trading center, the first of its kind in the country, on the China- Vietnam border to end rampant illegal private forex trading. The ASEAN (Association of Southeast Asian Nations) Currency Business Center, will allow ...
China Stocks Drop to Three-Week Low on IPO Concern; Vanke Gains
April 24th, 2014
China’s stocks fell to a three-week low, led by technology and small-company shares, on concern new equity sales will divert funds. Property developers rose after Anbang Life Insurance Co. raised its stake in Gemdale Corp. (600383) Risen Energy Co., ...
Japan Ship Firm Mitsui OSK Lines Pays $39 million To China After Seizure: Media
April 24th, 2014
Update, 10 p.m.: A Chinese court said on Thursday that it has released a ship owned by Japanese shipping firm Mitsui OSK Lines Ltd., which had been seized in a contract dispute, after the Japanese firm paid up. China’s ...
China HSBC Flash PMI For April Is 48.3, Up From 48.0 In March As Slowdown Continues
April 23rd, 2014
China’s factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed Wednesday. But the pace of decline eased, helped by policy steps to arrest the slowdown. Analysts see ...
Asian Stocks Erase Gain on China Factory, Australian CPI
April 23rd, 2014
Asian stocks erased gains after Chinese manufacturing data signaled persisting weakness in the world’s second-largest economy and Australia’s inflation rose less than expected. China Overseas Land & Investment Ltd., the largest mainland developer traded in Hong Kong, sank 3.7 ...
Asia shares rise, shrug off slower China growth
April 16th, 2014
Shares rose Wednesday in Asia as positive sentiment from strong corporate earnings outweighed Ukraine’s crisis and slower economic growth in China. The Nikkei jumped 2.5 percent to 14,347.41 as a weaker yen boosted exporter stocks and Softbank Corp. shares ...
