China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

A massive selloff across the board dragged the key Shanghai stock index down to below the 2,000-level with heavily weighted property developers and financial firms leading the decline.

Standard Chartered China Developers Sentiment Index (CDSI), an index based on a quarterly survey of 30 mainland Chinese developers, improved to 63 in the second quarter. The index points to continued recovery in the Chinese housing market during the second half of this year, a research report of the bank says. The survey found that […]

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THE financial ties between China and the Gulf Arab states are growing stronger along with the rise in bilateral trade between the world's second-biggest economy and the oil-rich region, according to Doha Bank.The six Arabian states are known as Bahrain…

SHANGHAI stocks inched up this morning as small-cap firms advanced following a surge of their peers on China's Nasdaq-style bourse in Shenzhen.

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THE price of oil shot to a 16-month high yesterday on signs the US job market is improving, although not by enough to prompt the Federal Reserve to pull back on its bond-buying program.

EARNINGS gains at major US companies and encouraging economic news pushed US stocks to record levels yesterday.

THE number of Chinese cities recording month-on-month home price increases fell further in June as tightening measures to rein in speculation remained in place, the National Bureau of Statistics said yesterday.

ONE of Britain's most senior security officials has been assigned to review a cybersecurity center operated by Chinese company Huawei following concerns the firm – which is playing an increasingly large role in Britain's Internet infrastructure – can't be relied on to police its own systems.

CHINA'S Ministry of Commerce said yesterday that it will impose provisional anti-dumping duties on imported solar-grade polysilicon from the United States and South Korea.

NEW Zealand's Fonterra, the world's largest dairy company, became the latest milk powder maker to cut its product price following China's investigation into price-fixing by major infant formula makers.

SAP AG has trimmed its global outlook for 2013 software revenue because of slowing economic growth in China and as an increasing number of customers switch to cloud-based services, the Germany-based software giant revealed yesterday.

THE Communist Party of China's disciplinary department has confirmed the receipt of a letter from a journalist accusing the head of state-owned China Resources (Holdings) Co of corruption in a major acquisition in 2010.

THE European Central Bank is easing its lending rules to encourage banks to provide more credit to firms and help Europe's stagnant economy recover.

IN a bid to woo individual users, China UnionPay, the country's sole bankcard transaction settlement company, yesterday launched a portable payment device that can be attached to smartphones.

THREE veteran bank officials in Suzhou, east China's Jiangsu Province, have reportedly been arrested over suspected corruption and for extending irregular loans.

THE cost of luxury goods and services increased at their slowest pace for seven years last month because of China's economic slowdown and the government's anti-extravagance campaign, the Hurun Research Institute said in its latest report.