Shanghai exchange in pact with Brazil bourse

2011-02-18 08:15:12

SHANGHAI - The Shanghai Stock Exchange and BM&FBovespa SA, the operator of Latin America's biggest securities exchange, will sign an agreement that may lead to cross-listings of stocks, the Financial Times (FT) reported, citing an unidentified official with the Sao Paulo-based company.

ABC, PSB in post-financing agreement

2011-02-17 14:54:22

Russia's Promsvyazbank (PSB) and the Agricultural Bank of China (ABC) signed a post-financing agreement here on Wednesday, pledging to further expand cooperation.

ICBC to support China's publishing industry

2011-02-17 13:51:29

The Industrial and Commercial Bank of China (ICBC) Wednesday agreed to loan at least 60 billion yuan ($9.1 billion) to China's press and publication sector over the next five years.

Nasdaq: The exchange no-one wants to team up with

2011-02-17 13:37:27

For all the acquisitions being struck by exchanges around the world, no bourse is less wanted than Nasdaq OMX Group Inc.

China unloads more US debt holdings

2011-02-17 08:01:16

China reduced its holdings of US treasury bonds in December for the second straight month, but analysts said it is market-based short-term move.

Property developers raising cash abroad

2011-02-17 08:01:16

China's major property developers have been stepping up their efforts to raise funds overseas in response to a gradually tightened cash flow.

Industrials lead gains on bourses

2011-02-17 08:01:16

SHANGHAI - Stocks on the Chinese mainland rose to a two-month high after steelmakers boosted prices and analysts recommended industrial companies on speculation their earnings will be more sheltered from the government's policy-tightening measures.

Brokerage asset managers may be allowed to launch PE funds

2011-02-17 08:01:16

China's securities watchdog is planning to allow asset management units of brokerages to launch private equity funds for the first time as soon as this year, according to two people with direct knowledge of the situation.

Nasdaq: The exchange no-one wants to team up with

2011-02-17 08:01:16

For all the acquisitions being struck by exchanges around the world, no bourse is less wanted than Nasdaq OMX Group Inc.

Small companies turn to pawnshops for loans

2011-02-16 10:00:47

Small- and medium-sized companies in China are turning to pawnshops for quick and easier money-borrowing services, even at much higher costs, as they are finding it difficult to get bank loans due to tight lending policies.

Decline in new yuan lending in January

2011-02-16 07:51:46

The nation's banks lent 1.04 trillion yuan in the first month of 2011

China's stocks close almost flat Tuesday

2011-02-15 16:57:53

China's stocks closed almost flat on Tuesday with the benchmark Shanghai Composite Index ending 0.1 point higher to 2,899.24.