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Stocks end lower as healthcare firms slump

Chinese mainland stocks reversed earlier gains on Monday, with gains in infrastructure firms offset by losses in healthcare firms.
Source: Reuters-Global Times | 2018/7/30 17:48:40

Qianhai exchange exits retail financial products business

Qianhai Air & Shipping Exchange, part of China's debt-laden conglomerate HNA Group, said it would exit the retail financial products business from Monday to comply with a government order and a changing business focus for the group.
Source: Reuters-Global Times | 2018/7/30 17:48:40

Yuan hits 13-month low amid US trade tensions

China's yuan fell to a fresh 13-month low against the dollar on Monday, weighed by a much weaker central bank fixing and expectations the Chinese currency has further to fall as US trade tensions worsen.
Source: Reuters-Global Times | 2018/7/30 17:48:40

SOE reform for pharmaceutical industry should go on: expert

Mixed-ownership reform of State-owned enterprises (SOEs) will help enhance efficiency and make companies stronger, said experts, rebutting criticisms on the reform program after the appointment of a famous billionaire as Chief Executive Officer (CEO) of Yunnan Baiyao, a traditional Chinese medicine (TCM) manufacturer.
Source: Global Times | 2018/7/29 18:18:40

Chinese developers rush for dollar bonds, raising $2.6b

Seven Chinese property developers have tapped Asia's dollar bond markets in the past week, raising a combined $2.6 billion, as they race to take advantage of fresh investor enthusiasm for junk-rated bonds amid signs of economic support from the Chinese government.
Source: Reuters-Global Times | 2018/7/29 16:58:40

Stocks fall as trade worries dent sentiment

Major shares on the Chinese mainland extended losses for a third consecutive day on Friday, erasing some of the early gains last week, as fears about China-US trade frictions resurface.
Source: Global Times - Reuters | 2018/7/29 16:58:40

Petrobras pushes new crude to chief importer China

Brazil's state-controlled energy company Petrobras plans to push more crude oil to top importer China by marketing a new medium-sweet grade that could be shipped from October, two sources with knowledge of the matter said.
Source: Reuters-Global Times | 2018/7/29 16:58:40

Global industry highfliers to attend first China International Import Expo

More than 2,800 overseas companies, many of which are industrial highfliers, have confirmed they will attend the First China International Import Expo (CIIE), which is scheduled to be held in Shanghai from November 5 to 10, a government official said on Friday at a 100-day countdown press conference for the expo.
Source: Global Times | 2018/7/27 22:13:40

US government restrictions on use of China's telecom products another protectionist move: experts

Chinese experts slammed on Friday the passing of a US defense bill targeting Chinese telecommunications products and investment in the high-tech sector, saying the protectionist move will reduce mutual trust on trade.
Source: Global Times | 2018/7/27 21:38:40

Alibaba launches global e-commerce talents program

China's e-commerce giant Alibaba on Friday launched its Global E-commerce Talents program (GET), at the 11th China-ASEAN Education Cooperation Week held in southwest China's Guizhou Province.
Source: Xinhua | 2018/7/27 19:13:31

Alibaba Cloud continues to invest in Malaysia

Alibaba Cloud, the cloud computing arm of Alibaba Group, said Friday that it will continue to invest in Malaysia by setting up its first cloud-based Anti-DDoS Scrubbing Center in August.
Source: Xinhua | 2018/7/27 18:09:44

ECB keeps key interest rates unchanged

The European Central Bank (ECB) Thursday decided to maintain the key interest rates for the euro area, expecting them to remain at their present levels at least through the summer of 2019.
Source: Xinhua | 2018/7/27 7:06:58

US bond funds draw most cash in nearly 6 months despite rising interest, inflation risk

US fund investors pushed the most cash in nearly 6 months into bonds in the latest week and inched back into stocks for the first time in 5 weeks, Investment Company Institute (ICI) data showed.
Source: Reuters-Global Times | 2018/7/26 17:18:40

Mainland stocks fall as trade fears resurface

Chinese mainland stocks ended lower on Thursday as months of see-sawing China-US trade frictions stoked uncertainties over the country's economic growth, prompting investors to take a cautious stance.
Source: Reuters-Global Times | 2018/7/26 17:18:40

CNPC to spend $22b in Xinjiang

China National Petroleum Corp (CNPC) plans to spend more than 150 billion yuan ($22 billion) by 2020 to boost oil and gas production in Northwest China's Xinjiang Uyghur Autonomous Region, aiming to offset falling output from ageing fields in northeast China.
Source: Reuters-Global Times | 2018/7/26 17:18:40

China makes headway in structural deleveraging

China has made steady progress in what it calls "structural deleveraging," with leverage ratios in major sectors under control.
Source: Xinhua | 2018/7/26 7:15:49

China regulators toughen punishments for listed firms' environmental offenses

Chinese regulators have toughened regulation of environmental offenses by listed companies.
Source: Xinhua | 2018/7/25 21:20:46

Chinese OEMs 'not impacted' by Ivanka Trump ending business

Contractors in China said they will not be affected by Ivanka Trump's decision, after media reported that the US first daughter had decided to leave business and close her brand.
Source: Global Times | 2018/7/25 20:13:40