BUSINESS >> Markets

Dollar edges back up, yen slips from recent one-month high

The US dollar edged up on Tuesday after it was dented by weak US retail sales data overnight.
Source: Reuters | 2018/10/16 17:53:39

China stocks end lower on lean inflation data

China stocks reversed early gains to end lower on Tuesday, after data showed factory-gate inflation had cooled for a third straight month in September, reflecting more pressure on the world's second-biggest economy.
Source: Reuters | 2018/10/16 17:48:41

Global steel body hikes its demand forecasts

The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector.
Source: Reuters | 2018/10/16 17:48:41

Outdoing offshore

View of the offshore construction site of the main road project at Ningbo-Zhoushan Port (Zhoudai Bridge) in Zhoushan, East China's Zhejiang Province on Sunday. The project has attracted investment of over 7.53 billion yuan ($1.09 billion) as of October 10 this year. The sea-crossing bridge, with a total length of 16.34 kilometers, is expected to open to traffic in 2021.
Source: VCG | 2018/10/15 19:28:39

China stocks slip as investors stay sidelines

Chinese stocks closed lower on Monday, though rebounded a bit following their deepest one-week dive since February as investors await the latest twist in the US-China trade dispute.
Source: Reuters-Global Times | 2018/10/15 19:23:39

Oil prices climb amid Saudi tensions, but demand outlook drags

Crude oil futures rose on Monday, although concerns about the long-term outlook for demand dragged on prices.
Source: Reuters-Global Times | 2018/10/15 17:43:39

US seeks currency chapters in trade talks with Japan

US Treasury Secretary Steven Mnuchin said that the US wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp North American Free Trade Agreement (NAFTA).
Source: Reuters-Global Times | 2018/10/15 17:38:53

Bangladeshi PM inaugurates construction of China-financed rail project

Bangladeshi Prime Minister Sheikh Hasina inaugurated the China-financed Padma bridge rail link project by unveiling its foundation plaque at a ceremony in Munshiganj on the outskirts of capital Dhaka Sunday.
Source: Xinhua | 2018/10/15 9:03:39

Traders coping with tensions

Exhibitors at the 124th China Import and Export Fair said on Sunday that although they are worried about the negative impact of the US-China trade tensions on their business, they will actively cope with the situation by exploring other markets.
Source: Global Times | 2018/10/14 21:03:39

China's top stock regulator seeks to inject confidence in meeting with investors

The top official in charge of China's stock regulatory agency on Sunday sought to inject confidence into the market, hinting that a rebound in Chinese stocks could come soon during a meeting with investors, according to media reports.
Source: Global Times | 2018/10/14 19:53:39

Excavator sales grow 28%

Sales by China's major excavator producers continued to grow in September, but at a milder pace, according to the China Construction Machinery Association.
Source: Xinhua-Global Times | 2018/10/14 19:43:40

Shenzhen to provide support to listed firms

The municipal government of Shenzhen, South China's Guangdong Province, plans to use tens of billions of yuan to provide liquidity support to listed firms and ease pressure of forced liquidations amid a downturn, the Shanghai Securities News reported on Saturday.
Source: Reuters | 2018/10/14 19:43:39

'Taking care of' debt issues of Belt and Road projects: Chinese Vice Finance Minister

China's Vice Finance Minister Zou Jiayi on Saturday acknowledged debt issues with some of the Belt and Road (B&R) projects, saying the government will strengthen macro-supervision on the debt sustainability aspect of its overseas investments.
Source: Reuters-Global Times | 2018/10/14 19:38:40

Plenty of room for adjustments

China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the US remain significant.
Source: Reuters | 2018/10/14 19:38:40

Linking Linyi

Workers are seen at a construction site of Lunan high-speed railway in Linyi, East China's Shandong Province on Sunday. The railway is 494 kilometers long and has attracted investment of more than 70 billion yuan ($10.2 billion). The line is scheduled to open to traffic in late 2019.
Source: VCG | 2018/10/14 18:23:40

Market plays decisive role in exchange rate: Yi Gang

China's central bank governor Yi Gang said China would continue to let the market play a decisive role in establishing its currency exchange rate, refraining from using it as a tool, amid an escalating trade war with the US.
Source: Reuters-Global Times | 2018/10/14 17:58:39

Chinese stocks rebounded following steep declines

Chinese stocks rebounded after steep declines on Thursday, closing higher on Friday with blue-chip stocks leading the rally, and experts expected that government incentives might bring more confidence to the stock market.
Source: Agencies-Global Times | 2018/10/14 17:38:40

China's September soybean imports fall, but ahead of expectations

China's soybean imports fell slightly in September from a year earlier but were ahead of market expectations, boosted by large volumes from Brazil as buyers tried to shore up stocks, customs data showed.
Source: Reuters | 2018/10/14 17:38:39