No global punch in stock dive this time
2007-06-01 09:12:36
The 6.5 percent fall in Shanghai shares on Wednesday caused few global ripples, with even stock markets in Asia registering only modest declines.
BoCom bids for struggling firm
2007-06-01 09:07:51
Bank of Communications (BoCom) has made a bid to acquire 85 percent of a once nearly bankrupt trust firm in Central China's Hubei Province.
Danone turns up the heat against Wahaha
2007-06-01 08:55:43
French food giant Groupe Danone SA, embroiled in a dispute with its Chinese partner Wahaha, has taken the matter to an arbitration body.
Insurers to invest in overseas equity markets
2007-06-01 08:48:26
Chinese insurance companies will soon be allowed to invest in equities in overseas markets.
Opinions mixed on measures to cool down share market
2007-06-01 08:44:44
Chinese people have mixed feelings about the central bank's efforts to cool down the sizzling stock market.
Stocks come back after 'breath-taking' plunge
2007-05-31 16:28:01
Chinese stocks opened lower today but closed at 4,109.65, up 1.4 percent after a "breath-taking" 150-point steep plunge in five minutes and later a series of strikes to the upper levels.
Finance ministry website crashes
2007-05-31 06:50:31
The Ministry of Finance website was accessible only intermittently for most of yesterday, amid speculation that stock investors had hacked the site.
Hang Seng dips after duty hike
2007-05-31 06:41:39
Hong Kong's benchmark Hang Seng Index fell 175 points to 20,293 yesterday, sparked by central government cooling measures.
Warning against share correction
2007-05-31 06:41:39
The World Bank warned of a sharp correction in the booming stock market, a warning that came the same day the bourse saw a 6.5 percent fall.
Sinopec confirms major discovery in Xinjiang
2007-05-31 06:42:48
China Petroleum & Chemical Corporation, known as Sinopec Group, has made a major oil and gas discovery in the Xinjiang Uygur Autonomous Region, Asia's top refiner confirmed yesterday.
Biodiesel firm to list on NASDAQ
2007-05-31 06:42:48
Gushan Environmental Energy Limiteda Chinese biodiesel producer, is planning a NASDAQ listing later this year, sources said.
Central bank issues financial report
2007-05-31 06:41:39
China's financial market structure continued to improve last year, the central bank said.