BUSINESS >> Markets

China plans change to major shareholder stock-selling rules

China's securities regulator said that it will make changes to the rules governing the selling of stock by major shareholders and management, in an effort to better protect the rights of small investors and guarantee stable market operation.
Source: Xinhua | 2017/5/27 12:12:39

Chinese regulator greenlights seven IPOs

The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week.
Source: Xinhua | 2017/5/27 11:06:31

Nuclear power stocks surge after Premier Li compliments Hualong One

Nuclear power stocks surged on Friday morning after Chinese Premier Li Keqiang gave high praise to the country's third-generation nuclear reactor Hualong One.
Source: Global Times | 2017/5/26 15:48:39

CSRC levies fines on securities, futures brokers

The China Securities Regulatory Commission (CSRC) has fined three securities companies and one futures brokerage more than 400 million yuan ($58.19 million) in total for violating regulations through their dealings with Citadel (Shanghai) Trading, domestic media reported.
Source: Global Times | 2017/5/25 22:03:39

Record crossing

The OOCL France, a ship owned by Hong Kong-based Orient Overseas Container Line Ltd, which can carry more than 13,000 containers, sits docked on Wednesday in Panama City, Panama.
Source: CFP | 2017/5/25 18:53:40

S.Korea holds rates on upgraded growth outlook

South Korea’s central bank kept interest rates steady Thursday, taking an unusually bullish view of economic growth prospects as a new administration formulates multi-billion-dollar fiscal stimulus measures.
Source: Reuters | 2017/5/25 18:53:40

Mainland stocks surge on growing anticipation of MSCI inclusion

China stocks rebounded Thursday as the blue-chip CSI 300 Index posted its best day in 21 months amid growing hopes that global index provider MSCI Inc will add Chinese mainland shares to its benchmark in June.
Source: Reuters-Global Times | 2017/5/25 18:53:39

China mulls launching more futures, options

China is considering launching more types of futures and options to attract domestic commercial banks and foreign investors, China Securities Regulatory Commission (CSRC) Vice Chairman Fang Xinghai said Thursday.
Source: Global Times | 2017/5/25 18:48:40

US Fed minutes show officials see rate hike soon

Most Federal Reserve officials see it appropriate to raise interest rate soon if economy continues to improve, minutes of the Fed's latest monetary policy meeting showed Wednesday.
Source: Xinhua | 2017/5/25 8:27:17

Thai farmers group calls on government to export pineapple to China

Thailand's National Farmers Council (NFC) has called on the government to seek ways to export fresh pineapple to China, according to a statement released on Wednesday.
Source: Xinhua | 2017/5/24 18:24:54

Banks’ bond trading roars back in Q1, but forex lags

Bond-trading revenue at the world’s top banks rebounded sharply in the first three months of 2017 as strong activity in credit and interest rate products eclipsed the lowest currency trading volume in over a decade, a survey showed Wednesday.
Source: Reuters | 2017/5/24 18:18:40

Small-cap gains bolster stocks after Moody’s credit downgrade

China’s main stock indexes recouped early losses to end just about even Wednesday, as strong gains in small caps partially offset Moody’s downgrading of China’s debt ratings.
Source: Reuters-Global Times | 2017/5/24 18:18:39

Oil rises as market expects extended output cut

Oil prices rose Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of 2018.
Source: Reuters | 2017/5/24 18:18:39

Surface area

Attendees mingle at a Microsoft press event on Tuesday in Shanghai, where the company unveiled its new Surface Pro.
Source: CFP | 2017/5/24 18:13:39

Sterling slips in wake of Manchester explosion

The pound slipped Tuesday after a suspected suicide attack took place in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said it was “too weak.”
Source: Reuters | 2017/5/23 19:28:40

Crude prices fall after White House proposes selling US oil reserves

Oil prices fell Tuesday after US President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market.
Source: Reuters | 2017/5/23 19:28:40

Stock indexes diverge as newly listed shares take tumble

Chinese mainland stock indexes were all over the place Tuesday, with the benchmark declining for a second straight day.
Source: Reuters-Global Times | 2017/5/23 19:28:40

First stop

The OOCL Hong Kong docks Tuesday at the port of Yangshan in Shanghai.
Source: CFP | 2017/5/23 19:28:39