Fed statement eases liquidity concerns

2011-04-29 07:56:47

Analysts say move won't check the inflationary pressures in China

Stocks decline on tightening concerns

2011-04-29 07:56:47

Stocks on the Chinese mainland fell for a fifth day, capping the longest stretch of losses this year.

RMB fund planned to aid Latin America

2011-04-29 07:56:47

The yuan-denominated sovereign fund is set to be launched before year end to invest in Latin America.

China shares fall to 2-month low

2011-04-28 16:48:26

China's main stock index fell for the fifth day in a row on Thursday amid vague market talks of a policy change ahead of a long weekend, pushing down property and cement issues.

Bank of Jiangsu to launch $1.5b IPO

2011-04-28 16:46:26

Bank of Jiangsu, a Chinese commercial bank, will soon launch an initial public offering worth up to 10 billion yuan ($1.5 billion), the 21st Century Business Herald reported on Thursday, citing an unidentified source close to the deal.

China's yuan rises to new high against dollar

2011-04-28 09:51:33

The Chinese currency Renminbi (RMB), or the yuan, Thursday gained 45 basis points from Wednesday to a record new high of 6.5051 per US dollar.

China's social security fund to invest 10b yuan in CDB

2011-04-28 09:47:19

The National Council for Social Security Fund (SSF) has promised to invest 10 billion yuan ($1.5 billion) in the China Development Bank (CDB), one of the country's three policy lenders, the bank announced Wednesday.

AgBank's Q1 profits up 36.43%

2011-04-28 09:41:17

Agricultural Bank of China, the nation's largest lender to farmers, said Wednesday that its net profits in the first three months this year climbed 36.43 percent from a year earlier due to higher interest income and commissions.

World's top 500 firms eyed for int'l board

2011-04-27 10:02:35

China will likely allow some of the world's top 500 companies to float shares in its A-share market as it prepares the launch of an international board in Shanghai, Chinese media reported on Tuesday.

Markets hit by concerns over earnings growth

2011-04-27 09:58:50

Stocks on the Chinese mainland fell for a third day on Tuesday. The retreat came on concern that government measures to tame inflation are slowing earnings growth as China Life Insurance Co and Datong Coal Mine reported declines in first-quarter profit.

PBOC to expand cross-border RMB settlement plan

2011-04-27 09:42:20

The People's Bank of China (PBOC), China's central bank, plans to expand its pilot plan for using the currency of renminbi in cross-border trade to more regions this year, an official with the bank said Tuesday.

'Hot money' will keep pressure on economy

2011-04-27 09:20:15

Capital inflows create contradiction for policymakers and market players