Chinese shares open slightly lower Tuesday

2011-05-24 11:06:40

Chinese shares opened slightly lower Tuesday, with the benchmark Shanghai Composite Index down 0.31 percent to open at 2,766.06.

Market exchange rates in China -- May 24

2011-05-24 11:05:13

The following are the central parity rates of the renminbi against seven major currencies announced Tuesday by the China Foreign Exchange Trading System

ChiNext Index opens lower Tuesday

2011-05-24 11:03:11

ChiNext Index opened 4.11 points, or 0.49 percent lower at 836.79 on Tuesday.

Insurers eye long-term gain in housing plan

2011-05-24 10:52:53

Seven Chinese insurance companies will invest up to 80 billion yuan ($12.3 billion) to build affordable housing in Beijing.

Mercedes-Benz expands R&D for Chinese market

2011-05-24 10:32:45

Daimler AG's Mercedes-Benz plans to provide more tailor-made vehicles and technologies to cater to customers' increasing demands in China, the luxury carmaker's third-largest market.

CIC sees investment potential in Russia

2011-05-24 10:27:51

Chinese companies can find rich investment opportunities in Russia through its planned direct investment fund and a new round of privatization, says China Investment Corporation chairman Lou Jiwei.

HK CPI rises 4.6% in April

2011-05-24 10:21:10

Hong Kong's Census and Statistics Department announced on Monday that overall consumer prices rose 4.6 percent in April 2011 over the same month a year earlier, slightly higher than the corresponding increase of 4.4 percent in March.

Michelin drives up investment in China

2011-05-24 10:20:00

China will be the major investment destination for French tiremaker Michelin SA in the next three years, with plans of expanding production and enhancing research and development (R&D) capabilities, said the company's top executive.

Howard: China's growth 'good for world'

2011-05-24 10:15:45

China's growth has benefited Australia and the world, by helping them get through the financial crisis, according to the former Australian Prime Minister John Howard.

Gamesa benefits from China's wind policy

2011-05-24 10:09:56

About 350 kilometers from Madrid, the capital of Spain, Europe's second-largest wind power country, the world's largest onshore wind turbine has been in operation for two years.

Outsourcing service in China promising

2011-05-24 10:03:24

China's outsourcing service is promising as it has witnessed fast expansion with optimized structural adjustments over the past few years, officials attending the 4th Global Outsourcing Summit said Monday.

Hong Kong gold price closes up - May 23

2011-05-24 09:44:48

The gold price in Hong Kong closed up HK$80 at HK$14,018 per tael on Monday, according to the Chinese Gold and Silver Exchange Society.