BUSINESS >> Markets

US-listed Chinese firms trade mostly lower

Source: Xinhua | 2019/1/1 8:09:39

China makes solid progress in curbing financial risks

As 2018 comes to an end, the People's Bank of China (PBOC), the central bank, published a report on China's financial stability.
Source: Xinhua | 2018/12/31 16:03:18

China to ensure 2019 grain output above 600 mln tonnes

A senior Chinese official said Sunday that the country will move to produce at least 600 million tonnes of grain in 2019.
Source: Xinhua | 2018/12/30 23:10:26

Forex market to face big volatility in 2019: BoC trader

International foreign exchange market has high possibility of witnessing big swings in 2019 due to instable economic fundamentals in the world, political uncertainties, and impacts from equity, bond and commodity markets, according to a senior trader with the New York Branch of Bank of China (BoC).
Source: Xinhua | 2018/12/30 23:23:19

China's central bank injects liquidity into market

China's central bank on Saturday injected liquidity into the money market through reverse repos to maintain liquidity.
Source: Xinhua | 2018/12/30 17:00:54

Chinese securities regulator approves 3 new IPOs

China's securities regulator has approved the initial public offering (IPO) applications of three companies.
Source: Xinhua | 2018/12/29 16:29:24

US stock market faces an even more volatile year in 2019

The US stock market has been extremely volatile during 2018. From December 4 to 24, the Dow Jones Industrial Average slumped 4,000 points within 15 trading days. In fact it has rather contradicted with the tradition that US stock market usually performs well in December. By Monday, Standard & Poor's 500 index (S&P 500) had accumulated a 14.8 percent drop in December, worse than the 14.5 percent losses within the 12 months of the 1931 collapse during the Great Depression.
Source: Global Times | 2018/12/29 12:47:33

Online consumption in Chinese counties goes high-end: report

Consumers in Chinese counties are increasingly opting for smart and quality products online as robots and imported goods are gaining popularity, a recent report showed.
Source: Xinhua | 2018/12/28 16:00:01

2018, a struggling but inspiring year for Chinese tech giants

Chinese technology companies have become much more anxious about the business environment in 2018, compared to previous years.
Source: Global Times | 2018/12/27 18:56:26

Winter merchandise sales

A train attendant introduces licensed merchandise for the Beijing Winter Olympics in 2022, on a high-speed bullet train between Beijing and Shanghai that is about to depart from Beijing South Railway Station on Thursday. The launch event for the licensed products was held on the train, and the products are open for sale to passengers from Thursday. Photo: IC
Source: IC | 2018/12/27 18:43:39

China stocks mark 4-year closing low as Sinopec suspensions spook market

Chinese shares marked their lowest close in four years on Thursday, dragged down by Sinopec which fell after media reported that the State-owned oil giant had suspended two top executives at its trading arm.
Source: Reuters-Global Times | 2018/12/27 18:38:39

London copper price recovers from 3-month lows, but growth concerns limit gains

London copper prices rose on Thursday as the market recovered from its lowest levels in three months on the back of a broad-based rally in financial and commodity markets, although gains were limited by global growth concerns.
Source: Reuters-Global Times | 2018/12/27 18:33:40

Dollar bounces on Wall Street rally

The dollar retained most of its overnight gains on Thursday but was off its peak for the week so far amid thin volumes, as signs of easing trade tensions and strong US economic data sent Wall Street stocks and Treasury yields higher.
Source: Reuters-Global Times | 2018/12/27 18:33:39

Most listed firms upbeat on 2018

China's listed companies are satisfied with their performance this year, and more than 64 percent expect better financial results, the China Securities Journal reported Wednesday.
Source: Global Times - Xinhua | 2018/12/26 22:23:45

A ride on the China-US trade roller coaster

It was a depressingly smoggy Friday morning in Beijing. I patiently cruised through the impossible traffic and arrived at a colleague's home for a small lunch party. Fresh crabs and shrimp were perfectly placed in a steamer. Highlights of the World Cup were playing on the TV. Everything was ready for a relaxing day off filled with good food and endless jokes and laughter.
Source: Global Times | 2018/12/26 18:34:07

Drives toward new energy

A view of new energy vehicles (NEVs) used for park cleaning, garbage collection and security patrols in Chaoyang Park, Beijing's Chaoyang district on Wednesday. A total of 114 NEVs will replace gas fuelled vehicles in Chaoyang Park starting from Tuesday as part of the nation's move into clean energy. The shift will save about 17,000 liters of gasoline and 11,000 liters of diesel oil annually. Photo: VCG
Source: VCG | 2018/12/26 18:08:39

China stocks slip amid Washington uncertainty

China stocks slipped on Wednesday amid caution over ongoing US political uncertainties as the federal government shutdown and President Donald Trump's hostile stance towards the Federal Reserve unnerved investors.
Source: Reuters-Global Times | 2018/12/26 18:03:40

US oil prices rebound after tumbling to lowest levels since June 2017

Oil prices were mixed in thin trading on Wednesday as the US benchmark crude rebounded from steep losses in the previous session, even though concern over the health of the global economy continued to overshadow the market in the longer term.
Source: Reuters-Global Times | 2018/12/26 18:03:40