Search result ( 34201)
  • China's stocks drop nearly 1 pct on economic worries

    Date:2011/08/03

    China's stocks ended lower Tuesday on renewed worries about both the domestic and global economy, with the benchmark Shanghai Composite Index down 0.91 percent to close at 2,679.26. The Shenzhen Component Index edged down 0.59 percent to finish at 1...

  • Hong Kong stocks close 4.29 pct lower

    Date:2011/08/08

    Hong Kong stocks lost 938.6 points, or 4.29 percent, to close at 20,946.14 on Friday. The benchmark Hang Seng Index traded between 20,643.26 and 21,017.72. Turnover totaled 124.774 billion HK dollars (about 15.992 billion U.S. dollars). (1 U.S. doll...

  • China's stocks close lower Friday

    Date:2011/08/01

    China''s stocks closed slightly lower Friday, with the benchmark Shanghai Composite Index down 0.26 percent to close at 2,701.73 points. The Shenzhen Component Index slid 0.79 percent to finish at 11,990.43. Aggregated turnover shrank to 155.24 bill...

  • China's nonferrous metal output increases by 7.27 pct in H1

    Date:2011/08/03

    Output of China's ten major types of nonferrous metal increased by 7.27 percent year-on-year to 16.55 million tonnes in the first half of 2011, but the growth was much slower than the average figure of 13.8 percent during the past five years, the Min...

  • China has accelerated its step to snap up the global iron ore resources

    Date:2011/08/05

      Recently, Shandong Iron & Steel Group has inked a $1.5 billion agreement with African Minerals on a new iron ore program located in Sierra Leone, whose iron ore reserve is estimated to stand at 12.8 billion t. As a consequence, Shandong I...

  • HK records 2.9 bln HKD fiscal deficit in June

    Date:2011/08/01

    The Financial Services and Treasury Bureau said Friday that local government expenditure in June was 24 billion HK dollars (about 3.08 billion U.S. dollars), with revenue of 21.1 billion HK dollars, resulting in a deficit of 2.9 billion HK dollars. ...

  • Uranium imports in marked decline

    Date:2011/08/03

    Imports of uranium slowed during the first half of this year, amid industry uncertainty caused by Japan''s Fukushima nuclear crisis. China imported 5,356 tons of uranium in the first six months of 2011, a 13 percent year-on-year drop, according to fi...

  • China pledges to stem speculative money influx

    Date:2011/08/05

    China's foreign exchange regulator said Thursday that it will make combating the influx of speculative money a major priority in the second half of this year. China will face relatively significant pressure from capital flowing into the country in t...

  • GDP rating system a world first

    Date:2011/08/01

    The Chinese Academy of Sciences published the country''s first quality assessment system for GDP on Friday. The assessment system rated the 2010 GDP for 31 provinces by their contribution to local economic growth, social development, environmental ...

  • China's steel industry rakes in higher output but weaker profitability in H1:MIIT

    Date:2011/08/03

    China's steel output grew by 9.6 percent year-on-year in the first half to 350 million tonnes, but its sales-profit ratio dropped to 2.42 percent, the lowest in years, the Ministry of Industry and Information Technology (MIIT) said Tuesday. The mini...

  • China's stocks post slight gain Thursday

    Date:2011/08/05

    China''s stocks rebounded slightly Thursday after two days of losses, led by cement companies, new industries and aircraft makers. The benchmark Shanghai Composite Index rose 0.21 percent to close at 2,684.04. The Shenzhen Component Index edged up 0...

  • CISA will roll out its own iron ore price index in H2

    Date:2011/08/01

    According to the report released by Zhu Jimin who is the incumbent president of CISA and Shougang Group, CISA will issue its own iron ore price index in the second half of this year, which is calculated on the basis of the home-made iron ore price in...

  • MIIT: Iron ore price may fluctuate slightly in H2

    Date:2011/08/03

    According the report released by MIIT on Tuesday, China's steel output is anticipated to reach 690-700 million t in this year. Meanwhile, steelmaking activities in H2 may be affected by the tight monetary policies as well as the implementations of po...

  • Hong Kong stocks close 0.49 pct lower

    Date:2011/08/05

    Hong Kong stocks went down 107.98 points, or 0.49 percent, to close at 21,884.74 on Thursday. The benchmark Hang Seng Index traded between 21,725.67 and 22, 087.12. Turnover totaled 72.4 billion HK dollars (about 9.28 billion U.S. dollars). The Hang...

  • China's stocks slightly down Thursday

    Date:2011/07/29

    China''s stocks closed lower Thursday with the benchmark Shanghai Composite Index down 0.54 percent to close at 2,708.78. The Shenzhen Component Index slid 0.26 percent to finish at 12,085.92. Aggregated turnover expanded to 170.04 billion yuan (26....

  • China's stocks close slightly higher, supported by coal companies

    Date:2011/08/02

    China's stocks began August slightly up, putting an end to a two-day losing streak, which was helped by strong gains by coal companies. The benchmark Shanghai Composite Index rose 0.08 percent to close at 2,703.78. The Shenzhen Component Index edged...

  • CISA: the sales profits for China's steel industry shrunk in H1

    Date:2011/08/04

    According to the report released by CISA recently, in the first half of this year, China's crude steel output had risen by 9.6% and totaled 350 million t. However, the sales profit rate for China’s steel industry just stood at 3.14%, down 0.4% year o...

  • Forex reserve pileup not direct cause of inflation

    Date:2011/07/29

    China's foreign exchange regulator said on Thursday that a buildup of foreign exchange reserves is not the direct or major cause of the country's current inflation woes.  The State Administration of Foreign Exchange (SAFE) made the remarks in re...

  • HK stocks close 0.99 pct higher

    Date:2011/08/02

    Hong Kong shares ended higher on Monday, with the weighted index rising 223.12 points, or 0.99 percent, at 22,663.37. The benchmark Hang Seng Index traded between 22,651 and 22,808.33. Turnover totaled 63.04 billion HK dollars (about 8.09 billion U....

  • China's average daily crude steel output is to hit 1.9499 million t in early July

    Date:2011/07/29

    According to the data released by CISA (China Iron and Steel Association), China's registered steelmakers have contributed a daily crude steel output of 1.623 million t in middle July, down 0.2% as compared to early July. Meanwhile, China's average d...

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