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New CSRC regulations to encourage stock buybacks

The China Securities Regulatory Commission (CSRC) on Thursday said that it has issued a series of recommendations on revised regulations regarding stock buybacks by companies listed in domestic stock markets.
Source: Global Times | 2018/9/6 17:58:40

Recent slowdown in China's economy a result of reform, anti-risk efforts: analysts

A slew of recent disappointing data has underlined the daunting challenges facing the Chinese economy and requires a response from policymakers, but it also reflects the short-term effect of China's economic reforms and efforts to fend off risks, analysts said.
Source: Global Times | 2018/9/5 22:28:44

Banks swap dollars for yuan offshore

Chinese State-owned banks swapped dollars for yuan in tenors ranging from a month to a year in the offshore forwards market in recent days, traders said, providing some support for the yuan as markets braced for a potential major escalation in the US-China tariff war.
Source: Reuters-Global Times | 2018/9/5 17:48:41

Stocks fall sharply on economic worries

Main stock indexes on the Chinese mainland dropped more than 1 percent on Wednesday, as investors dumped banking, property and resources shares amid fresh signs of slowing economic growth, and ahead of a likely escalation of the China-US trade war.
Source: Reuters-Global Times | 2018/9/5 17:48:41

Foreign holdings of Chinese govt bonds exceed 1 trillion yuan for first time in August

The value of Chinese government bonds held by offshore investors exceeded 1 trillion yuan ($146.26 billion) for the first time in August as regulators moved to improve access to the world's third-largest bond market.
Source: Reuters-Global Times | 2018/9/5 17:48:40

Shanghai rebar prices increase amid tight supplies

Prices for Chinese Shanghai rebar steel edged up on Tuesday amid concerns further potential output cuts in the country's top steelmaking city would hit supply.
Source: Reuters-Global Times | 2018/9/4 18:18:39

Mainland stocks aided by gains in tech shares

Chinese mainland stocks reversed early losses to end higher on Tuesday, supported by strong gains in tech shares.
Source: Reuters-Global Times | 2018/9/4 18:13:40

Indian state refiners to use Iranian tankers

India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country's top shipper Shipping Corp of India (SCI) halted voyages to Iran due to US sanctions, sources said.
Source: Reuters-Global Times | 2018/9/4 18:13:40

Mainland stocks fall on weak manufacturing data

Chinese mainland stocks fell on Monday as a private survey showed China's manufacturing growth slowed to a 14-month low in August, and as the threat of new tariffs on $200 billion worth of Chinese exports to the US brought heightened trade war fears back into focus.
Source: Reuters-Global Times | 2018/9/3 17:28:40

Iron ore contracts push hits speed bump as prices stagnate

Contracts held by investors in China's iron ore futures have fallen to the lowest in more than three years, and trading volumes have nearly halved since May, when foreign companies were first allowed to trade directly.
Source: Reuters-Global Times | 2018/9/3 17:23:40

Shanghai crude futures 'have long way to go'

Shanghai crude oil futures, launched in late March, still “have a long way to go” to match with major international crude futures, although the trading volumes in recent months have surpassed market expectations, an energy expert told the Global Times on Monday.
Source: Global Times | 2018/9/3 17:23:40

Chinese firms benefit Africa by providing jobs, boosting prosperity

An industrial park Chinese mobile phone maker Transsion Holdings is building in Ethiopia could potentially serve as a template for other Chinese businesses to improve local job skills and management competency, the founder and chairman of the company said on Sunday.
Source: Global Times | 2018/9/2 21:48:39

Investors prepare for MSCI part 2, armed with wish list

The inclusion of Chinese stocks in MSCI's benchmark indexes this year has made mainland equities more attractive to foreign buyers, but exposure to global investment has also revealed some rough edges around corporate China's governance standards.
Source: Reuters-Global Times | 2018/9/2 17:18:41

Journal warns trade war will affect financial stability

A Chinese Communist Party journal said on Saturday that the country may experience near-term pain from trade frictions with the US, including a negative impact on financial stability, but China's stable growth trend would not change.
Source: Reuters-Global Times | 2018/9/2 17:18:41

Stocks end lower amid renewed tariff worries

Shares on the Chinese mainland dipped on Friday amid renewed trade war worries, marking their fourth straight session of losses.
Source: Global Times | 2018/9/2 17:18:40

China stocks drop for 3rd day as trade fears linger

Chinese mainland stocks fell on Thursday, their third straight session of losses, as worries lingered over the country's economic health amid its trade spat with the US.
Source: Reuters-Global Times | 2018/8/30 19:03:41

American crude stockpiles drop more than expected

US crude stocks fell more than forecast in the past week, while gasoline and distillate inventories dropped unexpectedly, the Energy Information Administration (EIA) said on Wednesday.
Source: Reuters-Global Times | 2018/8/30 19:03:40

No Chinese purchases at US soy conference

An annual US soy exporters' conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years where billions of dollars of the main US cash crop have been signed over to China in elaborate ceremonies.
Source: Reuters-Global Times | 2018/8/30 18:58:40