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Economic News

China’s Benchmark Interbank Gold Prices Lower Thursday

BEIJING, Feb. 29 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were lower Thursday, according to the China Foreign Exchange Trade System. The...
Economic News

Chinese Yuan Strengthens To 7.1036 Against USD Thursday

BEIJING, Feb. 29 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 39 pips to 7.1036 against the...
Economic News

China’s Benchmark Interbank Gold Prices Lower Thursday

BEIJING, Feb. 29 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were lower Thursday, according to the China Foreign Exchange Trade System. The...
Economic News

Hong Kong To Adopt Fiscal Consolidation Strategy In New Budget

HONG KONG, Feb. 28 (Xinhua) -- The Hong Kong Special Administrative Region (HKSAR) will take a fiscal consolidation strategy in the new financial year,...
Economic News

Chinext Index Closes Lower Wednesday

BEIJING, Feb. 28 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 2.51 percent to close at 1,748.97 points Wednesday. The...
Economic News

Chinese Shares Close Lower Wednesday

BEIJING, Feb. 28 (Xinhua) -- Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 1.91 percent to 2,957.85 points. The Shenzhen...
Economic News

Iron Ore Futures Close Higher

DALIAN, Feb. 28 (Xinhua) -- Iron ore futures closed higher on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron...
Economic News

Soybean Futures Close Lower

DALIAN, Feb. 28 (Xinhua) -- No.1 soybean futures closed lower on Wednesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active No.1...
Economic News

1st LD-Writethru: Chinese Shares Close Lower Wednesday

BEIJING, Feb. 28 (Xinhua) -- Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 1.91 percent to 2,957.85 points. The Shenzhen...
Economic News

Chinese Shares Open Higher Wednesday

BEIJING, Feb. 28 (Xinhua) -- Chinese stocks opened higher on Wednesday, with the benchmark Shanghai Composite Index up 0.03 percent to open at 3,016.26...
Economic News

Chinese Yuan Weakens To 7.1075 Against USD Wednesday

BEIJING, Feb. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 18 pips to 7.1075 against the...
Economic News

Market Exchange Rates In China — Feb. 28

BEIJING, Feb. 28 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies...
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