GO
Loading...

Enter multiple symbols separated by commas

Asia Top News and Analysis Shanghai

More

  • Investors remain on edge after the latest market plunge, which was triggered by more signs of slowing growth in China. Tax preparation company H&R Block was the biggest gainer in the S&P 500, rising $2.47, or 7.5 percent, to $35.42. The market has been bouncing around sharply the last few weeks following signs of weakness in China and uncertainty over when the...

  • HONG KONG/ SHANGHAI, Sept 2- China has announced tougher rules on trading stock index futures and foreign exchange derivatives as it seeks to steady jittery markets whose weakness has raised concern over the health of the world's second-largest economy. But the way it has pushed through a raft of measures in recent weeks has heightened foreign investors'...

  • *China regulators investigating stock market volatility. SHANGHAI, Sept 1- Investigations by Chinese authorities into wild stock market swings are spreading fear among China- based investors, with some unsure if they are simply helping with inquiries or actually under suspicion, executives in the financial community said. China has unleashed a volley of...

  • SHANGHAI, Sept 2- Chinese stocks managed to bounce off from steep losses and ended Wednesday almost flat as fresh supportive measures from brokerages eased investor fears that Beijing may be intensifying a crackdown on illegal margin financing. The market was previously weighed down by news that China's securities regulators have urged brokerages to...

  • US markets open solidly higher a day after big plunge Wednesday, 2 Sep 2015 | 2:04 AM ET

    KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was up 0.1 percent at 6,062 while Germany's DAX rose 0.2 percent to 10,038. France's CAC-40 was 0.2 percent higher at 4,552. Wall Street was poised for a solid opening with Dow futures and the broader S&P 500 futures up 0.5 percent. CHINA TRADING: The Shanghai market remained the focus across...

  • PYONGYANG, North Korea— If an Air Koryo passenger ignores its no-photography rule, a flight attendant might take the camera and delete the pictures herself. Crumpling up a newspaper bearing the image of North Korean leader Kim Jong Un can earn travelers a stern lecture, or worse. They are clearly not the world's worst airline, "said Simon Cockerell, of the Koryo...

  • China oil market reform paves way for new crude benchmark Wednesday, 2 Sep 2015 | 12:50 AM ET

    *Oil market reforms will squeeze China's state oil giants. SINGAPORE, Sept 2- China may launch a global crude oil futures contract as early as October to compete with the existing London Brent and the U.S. The long-awaited crude contract would better reflect China's growing importance in setting crude prices, as well as boost the use of the yuan in which it will be...

  • SHANGHAI, Sept 2- China's yuan weakened slightly on Wednesday as dollar demand ahead of public holidays the following two days offset a stronger official midpoint and state-bank dollar sales on behalf of the central bank, traders said. "Many people bought dollars today as banks need foreign exchange to prepare for possible demand from their customers during...

  • TOKYO, Sept 2- The dollar bounced to cut steep losses versus the yen on Wednesday as Tokyo shares rebounded after sharp losses, dulling demand for the safe-haven Japanese currency for the time being. The dollar was up 0.7 percent at 120.175 yen, hoisted up from a low of 119.225 as Tokyo's Nikkei gained 0.8 percent following the previous day's 3.8 percent tumble.

  • *China eased capital rules for foreign property investments. HONG KONG/ LONDON Sept 2- For foreign investors, Beijing's decision to make it easier for them to invest in Chinese real estate is on the right track but has come at the wrong time. "Potential foreign buyers will likely be concerned about the subdued China economic outlook and a softish renminbi," said...

  • *China regulators investigating stock market volatility. SHANGHAI, Sept 1- Investigations by Chinese authorities into wild stock market swings are spreading fear among China- based investors, with some unsure if they are simply helping with inquiries or actually under suspicion, executives in the financial community said. China has unleashed a volley of...

  • SHANGHAI, Sept 1- Several leading Chinese brokerages said on Tuesday that they will increase the size of their proprietary stock trading- answering Beijing's call for listed firms to bolster their backing for struggling stock markets. Guotai Junan Securities Co, Changjiang Securities and Pacific Securities all said they will increase the size of their...

  • BRIEF-DELTA AIR CEO: DECISION TO INVEST IN CHINA EASTERN. Sept 1- Delta Air Lines Inc:. *CEO, speaking in Shanghai, says decision to invest in China Eastern Airlines Corp Ltd "quick and easy" despite recent stock market volatility.

  • SHANGHAI, Sept 1- China's major brokerage, Guotai Junan Securities Co, said on Tuesday that it will increase its equity fund dedicated to supporting markets- answering Beijing's call for listed firms to bolster their backing for struggling stock markets. Guotai Junan's board agreed to use 20 pct of its net assets for a fund dedicated to buying shares to support...

  • BEIJING/ SHANGHAI, Sept 1- Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investors' fears that the world's second-largest economy may be lurching toward a hard landing. Even more worrying, China's services sector, which has been one of the lone bright spots in the...

  • SHANGHAI, Sept 1- China's central bank plans to tighten rules on trading of currency forwards from October, sources with direct knowledge of the matter told Reuters, in a move to curb speculation and volatility after a shock devaluation of the currency last month. The People's Bank of China has repeatedly intervened to stabilize the yuan since the Aug. 11...

  • SHANGHAI, Sept 1- China's yuan firmed on Tuesday as state-owned banks were suspected of selling dollars at the central banks behest, and sources told Reuters that authorities were preparing to tighten rules on forwards trading to deter speculation against the yuan, traders said. "Some state-owned banks still bought yuan in the morning trade," said a trader at a...

  • *China manufacturing data contracts at the fastest pace in 3 yrs. SHANGHAI, Sept 1- Chinese stocks gyrated wildly on Tuesday, with main indexes tumbling 5 percent at one point as weak manufacturing data laid bare the daunting challenge faced by Beijing as it races to revive a stumbling economy. Hong Kong stocks also fell, weighed down by weak retail sales data, and...

  • *China official factory PMI 49.7 in August, vs 50.0 in July. *Morgan Stanley sees copper market near flat on supply outages. MELBOURNE, Sept 1- London copper held its ground on Tuesday in the face of slowing factory activity in the world's top copper user, cushioned by a softer dollar, while nickel resumed its slide on supply concerns.

  • SHANGHAI, Sept 1- China's central bank will tighten rules on trading of currency forwards from next month, sources with direct knowledge of the matter told Reuters, in a move to curb speculation and rising volatility after a sharp sell-off in the currency. The People's Bank of China has repeatedly intervened to stabilize the yuan since it shocked global markets...