Chinese PEs, more room for growth

2010-11-16 10:03:13

Development of Chinese private equity (PE) funds has topped the list in Asia in terms of scale and speed of introduction to the market, said Liu Lefei, rotating chairman of Beijing Private Equity Association.

Speculators look to silver lining

2010-11-15 11:18:40

The number of investors in silver has increased because of soaring gold prices but fears that the central bank will further tighten monetary policy this month could lower the value of their holdings.

Testing your own portfolio

2010-11-15 10:41:56

It is tempting to pay less attention to long-term stocks and pay more attention to new stocks purchased more recently. The result is often a portfolio filled with under-performing stocks.

Gold drops on China interest rate hike rumor, stronger dollar

2010-11-13 09:52:17

Gold futures on the COMEX Division of the New York Mercantile Exchange on Friday suffered a sharp drop, falling below $1,400, on a stronger dollar and speculation that China will raise interest rates to tame inflation.

Changes aimed at cooling the flow of 'hot money'

2010-11-13 09:15:26

Foreign institutions with a presence in China will only be allowed to buy commercial property for their own use and it must be in the city in which they are registered.

Canada welcomes China's designation of insurance business

2010-11-11 13:46:55

Canadian Minister of Finance Jim Flaherty Wednesday welcomed an agreement with the China Insurance Regulatory Commission that designates Canada as a destination for Chinese insurance wealth management business.

Smaller cities to be new battleground for luxury brands

2010-11-10 14:58:42

Luxury goods sales in China are expected to rise 23 percent year-on-year in 2010, business consulting firm Bain & Company said on Tuesday.

Netizens share hints on saving money

2010-11-10 14:23:25

BEIJING - Du Zhenqi, an 80-year-old resident in Beijing's Chaoyang district, expressed his sympathy for the people who took away his towel gourds without permission.

High cotton price hits cost of clothing

2010-11-10 11:11:18

With the price of agricultural products such as garlic, sugar, cotton, soybeans and apples jumping month to month, downstream products such as fabrics and clothes have also experienced record high prices.

China to issue new generation bankcards

2010-11-08 14:38:14

Banks in China will issue a new type of integrated circuits (IC) cards to replace traditional cards with magnetic stripes before 2015, Xu Luode, president of China UnionPay, said at an economic forum, Shanghai Securities News reported on Monday.

Chinese take advantage of slump in US home prices

2010-11-08 14:01:06

The impact of the financial crisis on the housing market in the United States has provided more opportunities for international investors, with Chinese buyers one of the more active.

Fees for finding maids increasing

2010-11-08 13:58:09

Dissatisfaction with Chinese maids for various reasons has given rise to the demand for Filipina home helps, and those in the business of offering domestic household services are cashing in to fill the gap.