Wen: China to adopt monetary policies properly

2008-03-18 14:28:08

Chinese Premier Wen Jiabao said on Tuesday that how to properly adopt various monetary policies is a great test to China.

Chalco to step up overseas expansion

2008-03-19 11:13:40

Aluminum Corp of China Ltd, or Chalco, said it will step up its overseas expansion after it bought a 12 percent stake in Rio Tinto Plc in February.

China warned of sudden retreat of hot money

2008-03-18 16:30:29

A huge amount of speculative capital has poured into China over the past few years, and its sudden retreat could wreak financial havoc, warned a research report.

China stocks nosedive nearly 4%

2008-03-18 15:24:52

Chinese stocks plunged nearly 4% on Tuesday on fears of imminent interest rate hikes and panic sellings due to an eroding confidence among the investors.

CITIC cancels Bear Stearns deal

2008-03-18 09:54:35

CITIC Securities Co canceled a proposed $1 billion investment in Bear Stearns Cos after the Wall Street brokerage was bought by JPMorgan Chase & Co.

Tightening concerns take a toll on stocks

2008-03-17 16:11:00

Chinese stocks took another battering on Monday, as investors went into panic selling due to rising concerns over domestic inflation and fallout from the United States' credit crisis and possible recession.

Ping An's refinancing plan largely supported

2008-03-17 15:06:49

International financial giants are all good at seizing opportunities when they come their way, and if Ping An has to be an international player, it has to do the same.

Jim Rogers: Don't sell Chinese stocks

2008-03-17 13:34:56

Jim Rogers, co-founder of the Quantum Fund and a veteran US investor, said he was still confident in China's capital market.

Citic won't guarantee buying into Bear Stearns

2008-03-17 10:19:43

Citic Securities Co can't guarantee it will reach a final agreement to buy into US investment bank Bear Stearns after Bear's financial crisis triggered a bailout plan.

Chinalco profits down 14% in 2007

2008-03-18 17:18:49

Chinalco, the country's largest aluminum company, reported 10.23 billion yuan of net profits in 2007, down 13.65 percent year on year, according to the company's annual report.