China's top auditor warns of local government debt risk
Debt swaps, which allow local governments to convert their debt to low interest bonds, should also be carried out effectively and sensibly, Lou said, easing the debt burden without disrupting the broader economy.
Jun 28, 2015, 17:28 PM IST
Shanghai stocks plunge 6.42% by close
The benchmark Shanghai Composite Index dived 6.42 percent, or 307.00 points, to 4,478.36 on turnover of 685.5 billion yuan ($112.2 billion). The index lost 13.32 percent over the week.
Jun 19, 2015, 13:32 PM IST
Hong Kong stocks end 1.10% lower
The benchmark Hang Seng Index lost 295.11 points to close at 26,566.70 on turnover of HK$123.15 billion (US$15.89 billion).
Jun 16, 2015, 14:02 PM IST
China shares fell more than 3% in afternoon trading
The benchmark Shanghai Composite Index slid 3.26 percent, or 164.87 points, to 4,898.12.
Jun 16, 2015, 12:50 PM IST
Hong Kong stocks end 1.39% higher
In mainland China the benchmark Shanghai Composite Index added 0.87 percent, or 44.76 points, to 5,166.35 on turnover of 1.1 trillion yuan ($179.8 billion). The market gained 2.85 percent over the week.
Jun 12, 2015, 14:32 PM IST
China's economy shows little improvement in May, investment growth sinks to 15-year low
Economists at the central bank said this week they expect growth to pick up modestly in the next six months as previous policy easing measures start to take effect and the housing market stabilises.
Jun 11, 2015, 16:06 PM IST
Record yuan strength hurts Chinese exports, immediate let-up unlikely
China`s exports in the first five months rose 0.7 percent from a year earlier, far from the government`s target of 6 percent this year. Exports to Europe and Japan fell 6.9 percent and 8.1 percent, respectively, and shipments to Southeast Asia were flat.
Jun 11, 2015, 14:10 PM IST
China May industrial output up 6.1% on-year: Government
Industrial output, which measures output at factories, workshops and mines, rose 6.1 percent year-on-year in May, the National Bureau of Statistics said in a statement.
Jun 11, 2015, 13:34 PM IST
Hong Kong stocks down 0.88%
The Hang Seng Index fell 0.88 percent, or 242.21 points, to 27,309.68 by the break on turnover of HK$81.88 billion ($10.57 billion).
Jun 05, 2015, 10:12 AM IST
China stocks extend selloff, keep Asia in check
In choppy trade, the Shanghai Composite Index was down 3.9 percent after diving nearly 7 percent on Thursday, when investors dumped stocks after more brokers tightened margin trading requirements.
May 29, 2015, 10:43 AM IST
China stocks post biggest slump in four months on margin tightening
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 6.7 percent, to 4,834.01, while the Shanghai Composite Index lost 6.5 percent, to 4,620.27 points.
May 28, 2015, 13:23 PM IST
China`s yuan currency `no longer undervalued`: IMF
China`s vast and regular trade surpluses have seen it accumulate the world`s largest foreign exchange reserves, which stood at $3.73 trillion at the end of March.
May 26, 2015, 17:17 PM IST
Asian shares turn higher as China rallies, dollar up
The dollar surged 0.6 percent against the Japanese currency to 122.36 yen, breaking above the 122 level for the first time since March 10 and reaching an eight-year peak.
May 26, 2015, 12:25 PM IST
Hong Kong shares up 1.42% by lunch
The Hang Seng Index added 398.80 points to 28,391.63 on turnover of HK$111.38 billion ($14.37 billion).
May 26, 2015, 10:10 AM IST
Hong Kong stocks open 0.73% higher
The Hang Seng Index added 199.95 points to 27,723.67.
May 22, 2015, 10:22 AM IST
Hong Kong shares up 0.30% at lunch
The Hang Seng index added 81.41 points, to 27,330.69 on turnover of HK$67.50 billion.
May 14, 2015, 10:55 AM IST
China April factory output grows 5.9%, misses forecasts
Central bank cut interest rates early this week for the third time in six months to lower companies` borrowing costs and boost activity.
May 13, 2015, 11:42 AM IST
Money talks, IPO reform walks as China stocks rally
It limits IPO prices to a maximum 25% above the average price-to-earnings ratio for listed companies.
May 13, 2015, 11:25 AM IST
China becomes world's top crude buyer despite economy stuttering
China`s crude oil imports hit a record of almost 7.4 mn bpd, ahead of US.
May 11, 2015, 12:56 PM IST
China cuts interest rates for 3rd time in six months to revive economy
China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.
May 10, 2015, 15:11 PM IST
