Undoubtedly one of the catch-phrases that Chinese stock investors like to hear most is "opening up". The government has already taken numerous steps to ease restrictions on foreign capital in the domestic stock market. You must have heard ...
Tags: stock investors, Chinese currency
Under the continued prudent monetary policy, China will use monetary instruments pragmatically and maintain moderate liquidity to achieve reasonable growth in loans and private financing, the central bank said on Wednesday. After the ...
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
China's economy is likely to expand at a slower pace of 7 percent in 2015 and 7.3 percent this year, a government think tank said in a report on Monday. Due to factors such as overcapacity in some manufacturing industries, the country's GDP ...
Tags: China Economy, home price
Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble
Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...
Russia's rouble went into free-fall in Tuesday trading, falling repeatedly to hit record lows, despite the central bank's dramatic decision to raise interest rates from 10.5% to 17%. The rouble's slide this week was prompted by fears ...
Tags: Russia's rouble, durable goods
In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market
China's export was far less than expected in November, crude oil and other commodity prices tumbled to the unexpectedly sharp drop in imports, the trade surplus hit a record high. China's economy is facing more downward pressure. China's ...
Tags: China's export, crude oil
China's consumer prices in November grew by their slowest pace in five years, official data showed on Wednesday, raising the probability of more easing measures by the central bank. China's consumer price index (CPI), the main gauge of ...
Tags: consumer prices, November's CPI
China's non-manufacturing sector activity showed a slight improvement in November, as new export orders and employment added stabilizers to the economy. The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.9 ...
Tags: Service Sector, PMI
According to data released by the three largest economy contraction yesterday,encumbered by the weak manufacturing in Germany, France and Italy, the eurozone manufacturing purchasing managers' index (PMI) November final value fell to 50.1, ...
Tags: Manufacturing PMI
Industrial & Commercial Bank of China (601398.SHA) will become a clearing bank for RMB transactions in Canada, The Wall Street Journal reported, citing a statement from China's central bank. The announcement comes one day after China and ...
Tags: ICBC, RMB Transactions, Service
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
Shimano Inc. reported sales for the nine months ended Sept. 30 were up nearly 21 percent compared with the same period last year thanks in part to a weaker yen. Sales of of Bicycle Components were brisk in North America, while sales of ...
Tags: Bike Components, Sporting Goods