China's stocks rise to highest in week
2011-05-19 07:52:21
Consumer staples producers and banks led the rise, on speculation their earnings will be better sheltered from a slowdown.
Experts input on tax threshold changes
2011-05-18 14:29:50
China's top legislature has sought experts' feedback just two weeks after requesting public input on a draft amendment to increase the minimum threshold for personal income tax from 2,000 yuan ($306) per month to 3,000 yuan ($461), the "People's Daily" reports.
CBRC denies chairman's retirement
2011-05-18 14:14:55
The China's Banking Regulatory Commission (CBRC) denied on Monday rumors about the pending retirement of its chairman Liu Mingkang, saying a Dow Jones report claiming the chairman would retire in months was untrue and irresponsible.
CIC eyes security of raw materials
2011-05-18 11:04:22
The managing director of China Investment Corp (CIC), the nation's sovereign wealth fund, is moving to Canada to bolster the company's attempts at investing in natural resources, according to a company official with direct knowledge of the matter.
HSBC extends network in China with more staff
2011-05-18 10:45:41
HSBC Holdings PLC, Europe's biggest lender, aims to add at least 500 employees in the Chinese mainland annually as it further extends its network, said a senior executive on Tuesday.
China's yuan strengthens against USD Wednesday
2011-05-18 10:35:30
The Chinese currency Renminbi, or the yuan, Wednesday strengthened against the US Dollar (USD) as the central parity rate of the yuan was set at 6.5074 per USD.
Market exchange rates in China -- May 18
2011-05-18 10:34:38
The following are the central parity rates of the renminbi (RMB) against seven major currencies announced Wednesday by the China Foreign Exchange Trading System.
Chinese shares open lower Wednesday
2011-05-18 10:31:40
Chinese shares opened slightly lower on Wednesday, with the benchmark Shanghai Composite Index down 0.21 percent at 2,846.72.
Hong Kong stocks close 0.26% lower -- May 17
2011-05-17 17:08:03
Hong Kong stocks lost 59.55 points, or 0.26 percent, to close at 22,901.08 on Tuesday.
China to become a net capital export country: Official
2011-05-17 16:46:41
China is expected to become a capital exporting country very soon, said Liu Zuozhang, director general of the investment promotion agency under the Ministry of Commerce.
Carlyle's presence to increase
2011-05-17 13:08:57
Carlyle Group, one of the world's largest private equity firms, has just closed a second round of fundraising for its Beijing yuan-denominated fund, which now totals 3.2 billion yuan ($492 million).
China, ASEAN to seek financial cooperation
2011-05-17 10:16:27
The China-Association of Southeast Asian Nations (ASEAN) Inter-Bank Association held its first council meeting Monday, vowing to further boost exchanges of financial institutions and enterprises to improve cooperation between China and the ASEAN.
