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Economic News

Chinese Yuan Weakens To 7.1196 Against USD Friday

BEIJING, June 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 4 pips to 7.1196 against the...
Economic News

China’s Central Bank Adds Liquidity Via Reverse Repos

BEIJING, June 21 (Xinhua) -- China's central bank conducted 10 billion yuan (1.4 billion U.S. dollars) of seven-day reverse repos at an interest rate...
Economic News

China’s Interbank Treasury Bond Index Opens Higher Friday

BEIJING, June 21 (Xinhua) -- China's interbank treasury bond index in net price opened at 1,026.8 points Friday, slightly higher than the previous close...
Economic News

Chinese Shares Close Lower Friday

BEIJING, June 21 (Xinhua) -- Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.24 percent to 2,998.14 points.    The...
Economic News

Chinext Index Closes Lower Friday

BEIJING, June 21 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.39 percent to close at 1,755.88 points Friday.   ...
Economic News

Chinext Index Closes Lower Thursday

 BEIJING, June 20 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 1.44 percent to close at 1,762.7 points Thursday.   ...
Economic News

Hong Kong’s Hang Seng Index Closes 0.52 Pct Lower

 HONG KONG, June 20 (Xinhua) -- Hong Kong's stock market ended lower on Thursday with the benchmark Hang Seng Index down 0.52 percent to...
Economic News

1st LD-Writethru: Chinese Shares Close Lower Thursday

BEIJING, June 20 (Xinhua) -- Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 0.42 percent to 3,005.44 points.    The...
Economic News

China Ups Efforts To Build Shanghai Into Strong International Financial Center

BEIJING, June 19 (Xinhua) -- China has intensified moves to develop its Shanghai Municipality into a "strong international financial center" as part of the...
Economic News

1st LD-Writethru: IMF Shanghai Regional Center Officially Opens

BEIJING, June 19 (Xinhua) -- The International Monetary Fund (IMF) Shanghai Regional Center was officially opened on Wednesday, according to a statement published on...
Economic News

China Takes Firm Steps To Prevent Exchange Rate Overshooting: Central Bank Governor

SHANGHAI, June 19 (Xinhua) -- China has taken firm steps to prevent the risks of exchange rate overshooting, said Pan Gongsheng, governor of the...
Economic News

China To Keep Monetary Policy Accommodative: Central Bank Governor

SHANGHAI, June 19 (Xinhua) -- China will continue to keep its monetary policy accommodative and strengthen counter-cyclical and inter-temporal adjustments, the central bank governor...
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