Asian equities were mostly higher on Monday, led by a rally in Chinese markets, on optimism about the health of the world's second-largest economy.» Read More
MOSCOW, July 31- Western sanctions will force foreign shareholders to dig deeper in their pockets to fund Russia's Yamal LNG project, key for Moscow's plans to carve out a greater share of the frozen sea-borne gas market, Novatek said on Thursday.
BUENOS AIRES, Argentina— In 2001, it was ground zero for Argentina's financial earthquake. It was no matter that Gurof lost his life savings in 2001, when Argentina stopped payment on more than $90 billion in bonds.
HONG KONG, July 28- China shares jumped on Monday, with Hong Kong's index hitting its highest close in more than 3-1/ 2 years, on growing bets that the world's second-largest economy has turned a corner and as investors expect more growth-friendly policies.
HONG KONG, July 28- Hong Kong's benchmark index finished at its highest level in more than three years on Monday, as Chinese banks jumped after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.
HONG KONG, July 28- China shares closed at their highest since December on Monday, with gains led by the banking sector after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.
HONG KONG, July 25- China' index of leading Shanghai and Shenzhen shares posted its biggest weekly gain in over 10 months on Friday, powered by continued strength in blue chips which are seen benefiting from a coming stock exchange connection between Shanghai and Hong Kong.
BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.
BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.
BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
BRASILIA, July 17- Brazil's Embraer SA agreed to sell 60 E-190 commercial passenger jets to China as part of a raft of deals signed by the presidents of the two countries to deepen commercial ties, the Brazilian government said on Thursday.
Embraer will sell 40 planes to China's Tianjin Airlines, half of which will be the re-engined model known as E-190 E2, entering service in 2018. The Industrial and Commercial Bank of China Ltd will buy 20 aircraft, following an accord in 2012 to provide leasing for Embraer planes.
*Sands China down to 3- week low as Q2 earnings disappoint. *PetroChina drops after report on detention of two executives. HONG KONG, July 17- China shares slid on Thursday, pulling down Hong Kong markets, as investors moved from blue-chips to some beaten-down growth stocks and keep money aside for new initial public offerings.
Asian equities extended losses into a third session on Wednesday following a selloff on Wall Street overnight and steady Chinese inflation data.
*Tencent has biggest fall in over a month after U.S. tech shares fall. HONG KONG, July 9- Hong Kong shares fell on Wednesday after U.S. stocks skidded, with Internet giant Tencent the biggest drag, while Chinese markets were knocked off three-week highs as banks fell. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.1 percent.
Below are key facts and a timeline concerning development of China's yuan payments system. NOVEMBER 2005- China's central bank announces the expansion of the yuan banking business in Hong Kong.
SINGAPORE, July 8- Singapore sovereign investor Temasek Holdings wants to increase its holdings in China's financial services and technology sectors, banking on the long-term growth prospects of the world's second largest economy.
HONG KONG, July 2- China shares finished at two-week highs on Wednesday after rises by shares of big banks helped erase morning losses. Industrial and Commercial Bank of China gained 0.6 percent and Bank of China 0.8 percent, the biggest boosts in Shanghai.
China Construction Bank, Agriculture Bank of China and Bank of China filled the top four positions. Banks in Japan made $64 billion of profit last year, or 7 percent of the global total, followed by banks in Canada, France and Australia, Brazil and Britain, The Banker said.
HONG KONG, June 25- The index of Chinese companies listed in Hong Kong edged down to a one-month closing low on Wednesday, weighed down by China banks and insurers, while the benchmark index remained tepid. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong shed 0.7 percent at 10180.05 points, its lowest since May 27.
HONG KONG, June 25- China shares ended lower on Wednesday, with losses led by financial counters as a wave of new initial public offerings continued to divert money from existing stocks.