Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
By Fayen Wong
SHANGHAI | Sat Sep 10, 2011 3:48am EDT
SHANGHAI (Reuters) – China’s key commodity imports, including crude oil, copper and iron ore, all climbed in August from the previous month, adding to evidence that demand in world’s second-largest economy was still going strong despite the [...]
BEIJING | Fri Sep 9, 2011 4:49am EDT
BEIJING (Reuters) – China’s central bank has withdrawn at least 20 billion yuan ($3 billion) from some state-owned lenders via designated central bank bills, banking sources told Reuters on Friday.
State banks, including Industrial and Commercial Bank of China (1398.HK), [...]
By Jonathan Standing
TAIPEI | Thu Sep 8, 2011 6:05am EDT
TAIPEI (Reuters) – Fitch Ratings warned on Thursday that it might downgrade China’s credit rating within two years as the country’s banks struggle with debt loads following a lending surge to help lift the economy during the [...]
LONDON | Thu Sep 8, 2011 7:21am EDT
LONDON (Reuters) – China has no timetable for the full convertibility of its currency though it plans to make the yuan convertible on the capital account eventually, the country’s central bank chief said on Thursday.
“China has published a plan [...]
SHANGHAI (Reuters) – Ford Motor and its China venture partners, Mazda Motor Corp and Chongqing Changan Automobile Co, are seeking Chinese government approval to end their three-way tie up, two sources said on Thursday.
Deals | China
Ford and Mazda both plan to set up their own separate joint ventures with Changan, a move which will give the automakers [...]
MADRID (Reuters) – China should let its yuan currency appreciate to help ease imbalances in the global economy, European Economic and Monetary Affairs Commissioner Olli Rehn said on Saturday.
China
The yuan, or renminbi, is pegged to the U.S. dollar and European policymakers generally believe it is undervalued, giving China a trade advantage and creating savings and [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
BEIJING (Reuters) – Factories in China and India cranked up production in March and Japanese business morale rose to its highest in more than a year on signs of improving global demand, boosting hopes for a sustainable economic recovery.
China | Japan
Similar manufacturing surveys later on Thursday were expected to show activity in the United States, Europe and [...]
CANBERRA/BEIJING (Reuters) – China warned Australia not to make “irresponsible” comments about the trial of four employees of mining firm Rio Tinto after Canberra said the trial had left questions about China’s legal system.
World | China
The verbal sparring over the conviction of Australian citizen Stern Hu and three colleagues underlined foreign investors’ concerns about legal transparency in [...]
(Reuters) – Two day after shutting its Chinese portal over censorship, Google Inc said it plans to phase out deals to provide filtered search services to other online or mobile firms in China.
It has already been shunned by at least one of those partner firms and was attacked by a state newspaper after pulling [...]