GO
Loading...

Enter multiple symbols separated by commas

Shanghai

More

  • China rivals vie for state backing to buy HP unit Wednesday, 29 Apr 2015 | 6:00 PM ET

    BEIJING, April 30- The bidding for a controlling stake in Hewlett-Packard Co's data-networking business in China, worth more than $2 billion, has thrown up a rare tussle between two Chinese state-backed firms who are wrangling over which has Beijing's backing. On Feb. 15, China's National Development and Reform Commission approved Shanghai- based Huaxin to bid...

  • *China seeking foreign access for its high-speed trains-sources. BEIJING, April 29- China's top two trainmakers have been in discussions with Bombardier Inc about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct knowledge of the matter said. China CNR Corp Ltd and state-owned CSR Corp Ltd, now in the process of...

  • *Europe shares dip on earnings, follow Asia down. LONDON, April 29- Stocks fell in Europe on Wednesday, following Asian stocks lower, while the dollar held near two-month lows before a Federal Reserve policy statement expected to show the U.S. central bank in no hurry to raise interest rates. The euro was up 0.1 percent at $1.0994, having hit a three-week high on...

  • *China seeking foreign access for its high-speed trains-sources. BEIJING, April 29- China's top two trainmakers have been in discussions with Bombardier Inc about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct knowledge of the matter said. China CNR Corp Ltd and state-owned CSR Corp Ltd, now in the process of...

  • SHANGHAI, April 29- China stocks recouped early losses and ended higher on Wednesday, with a surge in resources stocks and start-up companies offseting losses in banking shares amid signs of sustained investor enthusiasm. China's stock market has almost doubled during the past year, but "this round of bull run is not yet over," said Liu Yang, fund manager at Bosera...

  • *Asia shares succumb to profit taking, China more resilient. SYDNEY, April 29- Asian share markets faded from seven-year peaks on Wednesday while investors exited crowded positions in the U.S. dollar as the Federal Reserve wraps up a two-day policy meeting. The euro stood at $1.0972 having stopped short of resistance at $1.1000.

  • BEIJING, April 29- China may launch a trial scheme soon that would allow Chinese individuals in the Shanghai Free Trade Zone to invest in overseas markets directly for the first time, two sources with direct knowledge of the matter said on Wednesday. The sources said qualified individuals would be able to invest in overseas markets without foreign exchange...

  • The main SICOM contract has jumped 7 percent since a six-year low of $1.35 a kilogram hit in January, a level that was revisited on April 9, to close on Tuesday at $1.445. Other regional benchmarks have also gained, with the Tokyo Commodity Exchange contract reaching a 5- week closing high on Tuesday of 216.7 yen per kg, while Shanghai futures ended at 14,370 yuan per...

  • The need to generate growth in a slowing economy is partly behind the reforms, but so is the desire to integrate Chinese markets with their global counterparts in order to raise China's international status. "Both China's economic reality and its international ambition call for regulators to quicken the pace of reform," said Xiao Shijun, analyst at Guodu...

  • SHANGHAI, April 29- The yuan firmed on Wednesday amid signs of official support as the central bank set its daily guidance rate at a four-month high, and state-owned banks continued selling dollars, traders said. The People's Bank of China set the daly midpoint rate at 6.1169 per dollar prior to market open, its peak since Dec. 17, 2014, and 0.07 percent firmer than...

  • China stocks ease off seven-year highs, but banks firm Tuesday, 28 Apr 2015 | 3:15 AM ET

    SHANGHAI, April 28- China stocks ended lower on Tuesday, easing off a new seven-year high, as a tumble in start-up board ChiNext soured investor sentiment despite strength in banking stocks. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.4 percent, to 4,741.86, while the Shanghai Composite Index lost 1.1 percent, to 4,476.21...

  • SHANGHAI, April 28- China's yuan rebounded against the dollars on Tuesday after the central bank set a firmer midpoint, with traders suspecting big state-owned banks sold dollars to support the currency. The People's Bank of China set the midpoint at 6.1209 per dollar, a fresh three-month high, prior to the market open, firmer than the previous fix at 6.122.

  • *Gold prices recover from five-week lows. NEW YORK/ LONDON, April 27- Gold jumped more than 2 percent on Monday to above $1,200 an ounce, on track for its biggest one-day rise since January as the rally had some dealers scrambling to cover short positions and the May options expiry triggered more buying. "It's quite undervalued and we've had a long period of...

  • *Gold prices recover from five-week lows. LONDON, April 27- Gold rose back above $1,185 an ounce on Monday, recovering from the previous session's five-week low, as investors awaited the Federal Reserve's policy meeting later this week for clues on the timing of a U.S. rate increase. Spot gold was up 0.6 percent at $1,186.10 an ounce at 1213 GMT, while U.S. gold futures...

  • *Gold prices recover from five-week lows. LONDON, April 27- Gold edged back above $1,180 an ounce on Monday, recovering from the previous session's five-week low, as lingering concerns over Greece pressured European stocks, curbing a broad-based rally in equity markets. Spot gold was up 0.3 percent at $1,182.45 an ounce at 1012 GMT, while U.S. gold futures for June...

  • SHANGHAI, April 27- China's yuan weakened against the dollar by the most in 13 months on Monday after strong dollar demand paired with a sudden absence of dollar liquidity pushed the Chinese currency lower. "Client dollar demand has remained strong most of this year, while major state-owned banks are suspected to have supplied liquidity on behalf of the central...

  • LONDON, April 27- Stimulus hopes fuelled a 3 percent Chinese equity surge on Monday, boosting Asian currencies and pushing emerging stocks to 7-1/ 2- month highs, though Russian markets tumbled, with the rouble down 1.8 percent to the dollar. Taiwan, the third biggest component of MSCI index after China and South Korea, touched new 15- year highs.

  • *Eyes on Greece as talk of' plan B' swirls. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6 percent, led by solid gains in Greater China, with Hong Kong shares hitting a seven-year high and Taiwanese shares a 15- year high. European shares are seen mixed, with spreadbetters expecting 0.2 percent gains in Germany's DAX and largely flat openings...

  • SHANGHAI, April 27- Stocks in China and Hong Kong rose to fresh seven-year highs on Monday morning, led by heavyweight Chinese state-owned enterprises on expectations that Beijing will accelerate mergers in the underperforming sector. "We don't see a slowdown in money inflows, so more liquidity will likely push stock indexes higher," wrote Sun Jianbo,...

  • MELBOURNE, April 27- London nickel extended gains by 2 percent at one stage on Monday to hit a one-month high, fanning a rally in Shanghai on the prospect of a looming deficit. Three-month nickel on the London Metal Exchange hit $13,475, its loftiest since March 27, before trading up 1.3 percent at $13,365 a tonne by 0200 GMT following a 3.9 percent advance in the...