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Economic News

Chinese Yuan Strengthens To 7.0568 Against USD Wednesday

BEIJING, Oct. 9 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 141 pips to 7.0568 against the...
Economic News

China’s Benchmark Interbank Gold Prices Lower Wednesday

BEIJING, Oct. 9 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were lower Wednesday, according to the China Foreign Exchange Trade System....
Economic News

China’s Interbank Treasury Bond Index Opens Lower Wednesday

BEIJING, Oct. 9 (Xinhua) -- China's interbank treasury bond index in net price opened at 1,041.32 points Wednesday, lower than the previous close of...
Economic News

China’s Central Bank Conducts Reverse Repos Wednesday

BEIJING, Oct. 9 (Xinhua) -- China's central bank conducted 61 billion yuan (about 8.64 billion U.S. dollars) of seven-day reverse repos at an interest...
Economic News

Chinese Shares Close Higher Tuesday

BEIJING, Oct. 8 (Xinhua) -- Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 4.59 percent to 3,489.78 points. The...
Economic News

Chinext Index Closes Higher Tuesday

BEIJING, Oct. 8 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 17.25 percent to close at 2,550.28 points Tuesday....
Economic News

Hong Kong Hang Seng Index Closes 9.41 Pct Lower

HONG KONG, Oct. 8 (Xinhua) -- Hong Kong's stock market cratered on Tuesday with the benchmark Hang Seng Index down 9.41 percent to close...
Economic News

Soybean Futures Close Lower

DALIAN, Oct. 8 (Xinhua) -- No.1 soybean futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active...
Economic News

Iron Ore Futures Close Lower

DALIAN, Oct. 8 (Xinhua) -- Iron ore futures closed lower on Tuesday in daytime trading at the Dalian Commodity Exchange (DCE). The most active...
Economic News

Hong Kong Hang Seng Index Opens 1.08 Pct Lower

HONG KONG, Oct. 8 (Xinhua) -- Hong Kong Hang Seng Index fell 250.55 points, or 1.08 percent, to open at 22,849.23 points on Tuesday....
Economic News

Chinese Yuan Weakens To 7.0709 Against USD Tuesday

BEIJING, Oct. 8 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 635 pips to 7.0709 against the...
Economic News

China’s Major Stock Indices Turnover Expands On Tuesday Morning

BEIJING, Oct. 8 (Xinhua) -- The combined turnover of China's Shanghai and Shenzhen bourses reached 2.48 trillion yuan (about 350.74 billion U.S. dollars) in...
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