Chinese investment banks have awarded the first pay rises since the financial crisis, but salaries and bonuses still trail Western banks'.» Read More
SHANGHAI, Dec 2- China Minsheng Bank shares rose by their 10 percent daily limit in Shanghai during afternoon trade on Tuesday, after the bank announced Anbang Insurance Group had bought 5 percent of its shares. The bank said late on Monday that China's Anbang Insurance Group currently holds 5 percent of its shares, which it said was due to Anbang's favourable...
SHANGHAI, Nov 28- China stock indexes rose for the seventh straight session on Friday and posted their biggest monthly gains in nearly two years, led by banking shares on speculation that a deposit insurance scheme would be unveiled soon. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent to 2,808.82 points, the highest...
SHANGHAI, Nov 28- China indexes rose for the seventh straight session on Friday and produced their biggest monthly gains in nearly two years, thanks to a surge after Beijing's surprise rate cut. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent to 2,808.82, the highest level since September 2011, while the Shanghai...
Asian bourses were mixed on Monday, with China outperforming after a new launch date was announced for an anticipated cross-border trading link.
*China encourages infrastructure firms to invest overseas. SHANGHAI, Nov 4- China shares were flat on Tuesday morning after a five-day rally as profit taking capped gains in engineering and machinery companies, which rose after Beijing encouraged infrastructure firms to invest abroad. Shares in infrastructure firms were the biggest gainers, with market...
SHANGHAI, Oct 13- China's shares eased on Monday in line with weakness in global markets as concerns mount over the health of major economies, but strength in the coal sector contained index declines. All 16 banking shares on the mainland fell, with China Citic Bank Corp dropping 1.1 percent and China Minsheng Banking Corp down 1 percent. Coal shares bolstered the...
SHANGHAI, Oct 13- China and Hong Kong shares dropped on Monday, taking their cues from weakness in global markets as concerns mount over the health of major economies. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1 percent. "Investors are not too bullish or bearish at this moment," said Alex Wong, a director at Ample Finance Group in Hong...
Asia stocks joined Wall Street's selloff on Friday, led by declines in the energy sector, as investors fretted over slowing European growth.
*Aug trade numbers due on Monday, Sept 8. BEIJING, Sept 3- A data deluge over the coming week is likely to show continued weakness in China's economy in August due to a slowdown in the property sector, which would increase pressure on the government to unveil more pro-growth policy steps.
SHANGHAI, June 30- Chinese fund managers said they would raise the proportion of their portfolios invested in stocks over the next three months, marking a bounce from a 21- month low in May as sentiment rose on an expected loosening of liquidity, according to a Reuters poll.
Asian stocks were mixed on Tuesday with risk appetite dealt a triple blow over developments in Iraq, Ukraine and Argentina.
Asian equities ended mixed Wednesday following a Bank of Japan monetary policy decision and as traders focused on political developments in Thailand.
Asian stock markets lost ground on Monday as concerns about a slowdown in China offset Friday's positive lead from Wall Street.
Soft corporate earnings weighed on Asia's major indices on Friday, with Tokyo outperforming on the back of a weaker currency.
Asian shares were mixed on Friday in quiet trade with many regional markets shut for the Easter holidays, except for Japan, China and South Korea.
Asian equity markets were mixed on Tuesday with Chinese shares outperforming but sentiment remained shaky following a global stock selloff overnight.
Asian equity markets ended mixed on Friday with investors hesitant to make bets ahead of the U.S. non-farm payrolls report.
Japan's benchmark index rallied to a near three-week high on Tuesday following the Bank of Japan's monetary policy announcement.
Asian equity markets rose on Monday following a strong lead from Wall Street on Friday while investors shrugged off weak economic data from Japan.
Asian shares were mixed on Friday with Japan hitting a one-week low while the rest of the region gained on higher-than-expected Chinese inflation.