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Mainland stocks down; airlines fall on weak yuan

Chinese mainland stocks dropped on Thursday, despite moves by the central bank to encourage more bank lending, as persistent yuan weakness hit airline stocks.
Source: Reuters-Global Times | 2018/7/19 17:08:51

China can cope with any challenges: SAFE

China's foreign exchange regulator said it has to assess the impact of trade friction on capital flows and will use “counter-cyclical” measures to respond to short-term volatility, but expressed confidence that the country can cope with any challenge, given its “ample” reserves.
Source: Agencies-Global Times | 2018/7/19 17:08:40

Arab Bank to open branch in China

Jordan's largest lender, Arab Bank Group, has gained Chinese regulatory approval to open its first branch in China as part of a push to expand in Asian markets, it said on Tuesday.
Source: Reuters-Global Times | 2018/7/18 19:08:39

Yuan hits 2-week low, breaching 6.7, but selling slows as market wary of intervention

China's yuan hit two-week lows against a broadly stronger US dollar on Wednesday, breaching the key 6.7 per dollar level, though it recouped some ground by midday as traders were reluctant to aggressively sell the local currency amid fears of intervention by authorities.
Source: Reuters-Global Times | 2018/7/18 17:48:40

Mainland stocks dragged down by real estate, airlines

Chinese stocks erased earlier gains and ended Wednesday lower as a weaker yuan pulled down prices of real estate developers and airliners.
Source: Reuters-Global Times | 2018/7/18 17:48:39

China adds holdings of US Treasuries

China and Japan increased their holdings of US government debt in May, as foreign purchases of Treasuries rose for the first time in three months while benchmark 10-year yield hit a near seven-year peak, data from the US Treasury Department showed.
Source: Reuters-Global Times | 2018/7/18 17:43:40

Power of the flower

A view of the Kunming International Flora Auction Trading Center located in Kunming, capital of Southwest China's Yunnan Province.
Source: VCG | 2018/7/18 17:38:39

Rio Tinto posts jump in iron ore output, flags stronger 2018

Global miner Rio Tinto said on Tuesday that its second-quarter iron ore shipments from Australia rose 14 percent and indicated its annual production would be at the upper end of its guidance.
Source: Reuters-Global Times | 2018/7/17 16:48:40

Mainland stocks fall, energy firms lead decline

Chinese mainland stocks fell on Tuesday, led by energy firms following a sharp decline in crude oil prices.
Source: Reuters-Global Times | 2018/7/17 16:48:40

Yuan strengthens on heels of brisk dollar selling

China's yuan firmed against the US dollar on Tuesday in brisk dollar selling as investors held back from testing the psychologically important 6.7 per dollar level, albeit after a much-weakened official fixing, traders said.
Source: Reuters-Global Times | 2018/7/17 16:48:39

China to boost real economy to stabilize employment

China will help boost the real economy to stabilize employment, the country's top economic planner said Monday.
Source: Xinhua | 2018/7/17 10:28:31

HK exchange brushes off investors snub over dual-class shares

Hong Kong's exchange described as “temporary” a dispute with its Shanghai and Shenzhen counterparts over plans to bar investor access to dual-class shares.
Source: Reuters-Global Times | 2018/7/16 18:13:40

China sets record daily steel output for 3rd month

China's steel mills churned out record amounts of the construction material in June as producers rushed to cash in on hefty margins, even as the trade spat between China and the US intensified.
Source: Reuters-Global Times | 2018/7/16 18:13:40

Chinese stocks fall on soft economy data

Chinese mainland stocks started the week on a soft note, after data showed the country's economy expanded at a slower pace in the second quarter, while the heated trade war with the US threatened to knock exports.
Source: Reuters-Global Times | 2018/7/16 18:13:39

China exports to US ports peak early amid tariff threat

Chinese imports at US ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.
Source: Reuters-Global Times | 2018/7/15 17:28:40

Domestic investors display lack of understanding of 'stapled' securities

China's stock exchanges said on Saturday that they would not expand their stock connect scheme with Hong Kong to foreign firms, companies with different voting right structures and so-called “stapled” securities.
Source: Agencies-Global Times | 2018/7/15 17:28:40

Mainland shares have best week in two years

Major stocks on the Chinese mainland posted the biggest weekly gain in two years on Friday, despite lingering trade uncertainties with the US.
Source: Global Times | 2018/7/15 17:23:40

Oil prices post sharp losses this week mainly due to output status from Libya

Oil market has been closely watching the trade dispute between the United States and China, the extent of the potential sanctions on Iran and the supply status of Libya for the week ending July 13.
Source: Xinhua | 2018/7/15 8:28:29