GO
Loading...

Enter multiple symbols separated by commas

Asia Top News and Analysis Shanghai

More

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent, to 3,972.06 points, while the Shanghai Composite Index also gained 2.0 percent, to 3,687.73 points. Among the most active stocks in Shanghai were Bank Of China, up 1.1 percent to 4.43 yuan; Agricultural Bank of China, up 1.4 percent to 3.61 yuan and GD Power, up 4.9 percent to...

  • *Shanghai copper stocks fall, first drop in two months. LONDON, March 20- Copper jumped to a two month high on Friday after Chinese inventories fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after a holiday. Prices also gained support from a fall in the dollar and supply concerns as a blockade of the Grasberg...

  • *Shanghai copper stocks fall, first drop in two months. LONDON, March 20- Copper prices climbed on Friday to a near three-week high after Chinese inventories fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after a holiday. Prices also gained support from supply concerns as a blockade of the Grasberg mine in...

  • *Shanghai copper stocks fall 2,267 T, first drop in 2 months. LONDON, March 20- Copper prices climbed on Friday to a near three-week high after Chinese inventories fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after a holiday. The consensus view from Asia was that if it was a gain of over 10,000 or 20,000...

  • SHANGHAI, March 20- China's yuan at some point would be incorporated in the International Monetary Fund's Special Drawing Right currency basket, said Christine Lagarde, Managing Director of the IMF, said in Shanghai on Friday. "It's not a question of if, it's a question of when," she said during a question and answer session following a speech at Fudan University.

  • SHANGHAI, March 20- China stocks powered higher on Friday, posting their biggest weekly gain in three months and hitting fresh seven-year highs, as investors speculated that Beijing will soon unveil fresh stimulus measures to aid a flagging economy. "It is a bubbly level not seen since the heydays of 4- trillion yuan stimulus," Hong Hao, Hong Kong- based strategist...

  • Yuan ends best week since 2007 on soft note Friday, 20 Mar 2015 | 6:02 AM ET

    SHANGHAI, March 20- Despite closing slightly down on the day, China's yuan posted its strongest weekly performance since 2007 on Friday, gaining 0.85 percent thanks to a rush of dollar sales over the past few days by major state-owned banks, possibly acting on behalf of the central bank. On Friday, however, the People's Bank of China set the midpoint rate at 6.1496...

  • BEIJING, March 20- A glitch in the broadband infrastructure of China Unicom Hong Kong Ltd caused a brief but widespread Internet outage in mainland China on Friday, the company said. China Unicom, in a statement on its Weibo microblogging account, said Internet access was disrupted from 1:25 p.m. to 1:45 p.m. local time. In February, China Unicom said it had 69...

  • SHANGHAI, March 20- China's yuan at some point would be incorporated in the International Monetary Fund's Special Drawing Right currency basket, said Christine Lagarde, Managing Director of the IMF, said in Shanghai on Friday. "It's not a question of if, it's a question of when," she said during a question and answer session following a speech at Fudan University.

  • March 20- Hong Kong shares finished mixed on Friday as the market lost some of the bullishness whipped up earlier in the week by reduced expectations for an early increase in U.S. interest rates. Any U.S. monetary tightening could be transmitted to Hong Kong, as the Hong Kong dollar is pegged to the U.S. dollar. For the week, the Hang Seng index rose 2.3 percent, compared...

  • SYDNEY, March 20- Copper eased on Friday after posting its strongest gain in six weeks the session before, with losses curbed by supply concerns as a blockade of the Grasberg mine in Indonesia entered its fifth day. "Copper may have got a little ahead of itself overnight and what we're seeing is a bit of a pullback," a trader said. Three-month copper on the London Metal...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.4 percent, to 3,892.57, while the Shanghai Composite Index gained 1.0 percent, to 3,617.32 points. Among the most active stocks in Shanghai were Bank of China, up 2.6 percent to 4.38 yuan; Agricultural Bank of China, up 2.0 percent to 3.55 yuan and China Railway Group, up 3.2 percent to...

  • *Analyst warns of "surging" volatility in China's "bubbly" market. SHANGHAI, March 20- China stocks are on track to post their biggest weekly gain in three months on hopes of further policy easing, but they lost some steam on Friday after a leading analyst warned about increasingly volatility in a "bubbly" market. Hong Kong shares, which were up on Thursday after the U.S....

  • SYDNEY, March 20- Copper eased on Friday after posting the strongest gain in six weeks the session before, with losses capped by supply concerns as a blockade of the Grasberg mine in Indonesia entered its fifth day. "Copper may have got a little ahead of itself overnight and what we're seeing is a bit of a pullback," a trader said. Three-month copper on the London Metal...

  • SINGAPORE, March 20- Copper steadied on Friday after rallying 3 percent the session before, with production stopped at one of the world's biggest copper mines as workers blocked access. *Three-month copper on the London Metal Exchange was little changed at $5,855 a tonne at 0119 GMT. *Production has been halted at Freeport-McMoRan Inc's copper mine in Indonesia...

  • *Yuan rises 0.6 pct in morning trade, strongest daily rise since 2005. SHANGHAI, March 19- China's yuan looks set to post its biggest-ever weekly gain as Beijing moves to head off the risk of capital flight and quash speculation. The sharp correction to the exchange rate comes as state-owned banks are aggressively selling dollars at the behest of the People's Bank...

  • MELBOURNE, March 19- London copper rose more than 1 percent on Thursday, after dropping to a one-month low in the previous session, as the dollar sagged on indications of a later start to U.S. interest rate hikes. "It's all about the U.S. dollar and it's pretty short-term," said analyst Joel Crane at Morgan Stanley in Melbourne. London Metal Exchange copper rose 1.3...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.2 percent, to 3,839.74, while the Shanghai Composite Index gained 0.2 percent, to 3,582.27 points. Among the most active stocks in Shanghai were Bank of China, down 1.2 percent to 4.28 yuan; Hainan Airline, down 0.2 percent to 4.32 yuan and China State Construction, up 4.0 percent to...

  • SHANGHAI/ SEATTLE, March 19- Starbucks Corp will partner Taiwanese drinks maker Tingyi Holding Corp to produce and sell ready-to-drink beverages in China, becoming the latest global firm to latch on to a local peer to expand in the tricky market. Starbucks will have Tingyi manufacture the drinks for China and help extend its distribution on the mainland, the U.S....

  • *European shares follow Asia higher. *Brent crude dips towards $53 a barrel on supply. If we get that and a measured message on the dollar's impact on inflation then, given the slight retracement we have seen in the first half of this week, I think the dollar will do well, "said Michael Sneyd, a currency strategist with BNP Paribas in London.