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'Yuan to be kept basically stable'
Posted: July 8th, 2010, 3:30pm EDT
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China will keep its currency at a "basically stable and reasonable" level and financial pressure for the yuan to rise is easing due to Europe's debt woes, the country's foreign exchange regulator said on Thursday. -
'Yuan to be kept basically stable'
Posted: July 8th, 2010, 3:30pm EDT
Tags: [edit]
China will keep its currency at a "basically stable and reasonable" level and financial pressure for the yuan to rise is easing due to Europe's debt woes, the country's foreign exchange regulator said on Thursday. -
China allows duty-free exports from B’desh, Nepal
Posted: July 7th, 2010, 7:38pm EDT
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China has decided not to impose any duty on exports from Bangladesh and Nepal. This zero-duty treatment to exporters in these countries is likely to affect Indian exporters adversely. -
China bank IPO raises $19 billion
Posted: July 7th, 2010, 7:28pm EDT
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It was established by Mao Zedong for China’s rural peasants. But on Tuesday, the Agricultural Bank of China embraced a capitalists dream: It went public. -
Tight grip: EU bid to rein in ‘banksters’
Posted: July 7th, 2010, 7:24pm EDT
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As Wall Street drags its feet on reining in bonuses, the European Union is forcing its banks - by law - to show some self-restraint. -
China gives zero duty to Bangladesh, Nepal; Indian exporters hit
Posted: July 7th, 2010, 12:44pm EDT
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China has decided to treat exports from Bangladesh and Nepal on the basis of zero duty giving exporters in these countries much better incentives to tap the Chinese market as compared to India. -
China won't dump US Treasuries or pile into gold
Posted: July 7th, 2010, 9:39am EDT
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China ruled out the "nuclear" option of dumping its vast holdings of US Treasury securities but called on Washington to be a responsible guardian of the dollar. -
China's AgBank prices IPO to be world's largest
Posted: July 6th, 2010, 11:36pm EDT
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The Agricultural Bank of China's initial public offering has raised more than $19 billion in what could turn out to be the largest IPO ever. -
Lexus defect: Toyota had clue
Posted: July 6th, 2010, 3:41pm EDT
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Toyota knew two years ago about the engine problem behind its latest Lexus recall, even changing the spring part to correct it, but did not think a recall was warranted until recently, a company official said on Tuesday. -
World Cup fever fuels German growth hopes
Posted: July 6th, 2010, 3:33pm EDT
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Germany's strong run in the World Cup may be the catalyst for a growth spurt by Europe's largest economy, as consumers riding the "feel-good factor" of national success dip in to their savings and start spending again.