Stocks and Finance

China

China 5/10/2012

13:37 : Legendary Jim Rogers: Brokers Going Broke, Farmers Will Become Rich - ... - Jim Rogers is a renowned international investor. In 1973, he co-founded the Quantum Fund with George Soros. After a fantastically successful decade, he retired to travel the world. He is the author of ...

Source : forbes-com

10:15 : China Wants Local Control of Foreign Auditing Firms - China has instructed the Big Four auditors to hand over control of their Chinese operations to local partners. The move may complicate efforts to reassure investors that auditing problems of recent years are under control.

Source : wsj-com

10:03 : China Issues Guidelines on Auditing Firms - China has issued new guidelines aiming at transforming the existing Sino-foreign auditing firms into more localized entities, requiring firms' heads to be Chinese citizens and the majority of partners to possess a local license.

Source : wsj-com

09:50 : Data Signal Economic Trouble in China - Growth in both imports and exports slowed notably in China last month and was well below forecasts, raising concerns over weakness in the world's second biggest economy.

Source : nytimes-com

09:49 : Beijing set to expand its nuclear industry - May 10 - China sets long-term strategy to expand its nuclear industry, despite concerns over the controversial energy source. Sarah Sheffer reports.

Source : reuters-com

09:03 : China Everbright Bank Tries Again for Hong Kong IPO - China Everbright Bank, the lender that called off a US$6 billion listing in Hong Kong last year, is trying again, but this time with sharply reduced expectations of how much it can raise from investors: just $1.5 billion to $2 billion.

Source : wsj-com

08:26 : You Don't Have To Be Facebook, Apple Or Big In China To Grow Through A ... - Growth is hard to come by in many parts of the world these days, but there are still plenty of corporations that have managed to survive, thrive and position themselves for better growth ahead.

Source : forbes-com

08:25 : China's CIC stops buying European debt: report - FRANKFURT (MarketWatch) -- China's sovereign wealth fund has stopped buying European government debt due to worries about turmoil in the euro zone, China Investment Corp. President Gao Xiquing said Thursday, according to Bloomberg. "What ...

Source : marketwatch-com

08:19 : China Trade Growth Slumps in April - Growth in both imports and exports slowed notably in China last month and was well below forecasts, raising concerns over weakness in the world's second biggest economy.

Source : iht-com

07:14 : Barclays Cuts 2012 Gold Forecast 8% To $1,716/oz - Barclays reduced its 2012 price outlook on gold and platinum group metals Thursday following the metals' sharp declines this week and amid concerns over a slowdown in top metals consumer China.

Source : foxbusiness-com

07:10 : China Central Bank Warns of Inflation Risk - China's central bank warned of continued risks of inflation and pledged to increase two-way flexibility in its yuan exchange rate in a report released on Thursday.

Source : foxbusiness-com

07:00 : More Baby Steps For China - Good day. And a Tub Thumpin' Thursday to you! Hey! Here's your second reminder. this coming Sunday is Mother's Day. Don't you dare forget! The Cardinals will be in town this weekend, making the Sunday game a Mother's Day Game. When I was a young man, ...

Source : fxstreet-com

06:02 : London Markets: China data weigh on FTSE 100; MPC in focus - London stocks trade mostly lower on Thursday as investors eye lackluster China trade data and a monetary policy meeting, as food, drink and tobacco stocks fell.

Source : marketwatch-com

06:00 : Listed companies paid 21% more in dividends last year - THE cash dividends paid out by listed companies was estimated to have hit 606 billion yuan (US$96 billion) last year, representing a 21 percent year-on-year increase, according to figures released by the China Securities and Regulatory Commission ...

Source : shanghaidaily-com

05:54 : CORRECT (05/07): ICBC Stops Discounts On Mortgages For First-Home Purchases - Industrial & Commercial Bank of China Ltd. (1398.HK) has told its branches to stop offering discounts on mortgages for first-home buyers, according to an article posted on people.com.cn website Monday, which cited staff of the country's ...

Source : foxbusiness-com

05:49 : Spanish government acquires 45% stake in Bankia - Good Morning , - Asian shares fell on Thursday, as a weak Chinese trade data stoked fears of a growth slowdown, further undermining risk appetites already reduced by worries about the health of Spanish banks and deepening political chaos in Greece. ...

Source : fxstreet-com

05:48 : China: Slowing imports & exports due to calendar effects' - China’s export and import growth slowed more than expected in April. There was weakness in exports to all regions and it was not driven particularly by weaker exports to Europe as suggested in some press headlines. The slowdown in import growth was more ...

Source : fxstreet-com

05:29 : Asia Data a Temporary Distraction - Market Brief While Greek and European headlines remain the key driver for FX pricing, for a moment the focus was on Asia regional data. In China, the April trade surplus was a better than expected at $18.4bn vs. $5.4bn in March, but the uninspiring ...

Source : fxstreet-com

04:03 : China Unicom's (CHU) revenue from 3G mobile services is likely to grow ... - China Unicom's (CHU) revenue from 3G mobile services is likely to grow to 70B yuan ($11.1B) this year from 40B yuan last year, the company said. The mobile operator expects to have 90M 3G subscribers by the end of this year, up from 49M as ...

Source : seekingalpha-com

03:22 : Futures Movers: Crude-oil slips as China trade data disappoints - Crude-oil futures slip in electronic trading, putting the commodity on track for seven-session losing streak, as disappointing Chinese trade data cast another shadow on the global economy.

Source : marketwatch-com

03:18 : New rules for China audit JVs; SEC sues over data - SHANGHAI (AP) -- China is issuing new rules requiring that a Chinese citizen heads the mainland Chinese operations of the world's big four auditing companies....

Source : usnews-com

03:11 : China risks fresh demand downturn, trade data shows - China risks a fresh downturn in demand for goods from its massive factory sector, with weaker than expected exports and stalling headline import growth signalling that government spending is the crucial factor keeping the economy moving.

Source : ibtimes-com

01:55 : China trade data misses expectations - Asia Market Update: China trade data misses expectations, Australia records 1-yr low for unemployment Economic Data - (CN) CHINA APR TRADE BALANCE: $18.42B V $9.9BE - (AU) AUSTRALIA ...

Source : fxstreet-com

01:48 : U.S. officials are wary of China Mobile's (CHL) international-service ... - U.S. officials are wary of China Mobile's (CHL) international-service license application, saying it could help China spy on the U.S. more easily and could enable theft of intellectual property from U.S. companies, according to ...

Source : seekingalpha-com

01:47 : U.S. wary of license for China Mobile: report - HONG KONG (MarketWatch) -- U.S. officials are wary of China Mobile Ltd.'s international-service license application filed last autumn, saying it could help China spy on the U.S. more easily, as well as enable theft of intellectual ...

Source : marketwatch-com

01:17 : China April Commodity Imports Fall On High Inventory, Slowing Economy - China's April imports of major commodities fell to their lowest monthly levels in more than half-a-year, as softer macro-economic conditions and high inventory levels dented purchasing appetite.

Source : foxbusiness-com

01:02 : China reports trade surplus of US$18.4 billion in April - CHINA posted a trade surplus of US$18.4 billion in April, the General Administration of Customs said today. That compared with a surplus of US$5.4 billion a month earlier. Exports increased 4.9 percent from a year earlier, while imports climbed 0.3 ...

Source : shanghaidaily-com

00:58 : China April trade data casts doubt on rebound - China's headline growth in imports unexpectedly stalled in April and exports were weaker-than-expected, raising doubts about the strength of the rebound in the world's second-biggest economy.

Source : ibtimes-com

China 5/9/2012

23:47 : Global shares pressured by weak China data, Europe jitters - Asian shares fell on Thursday, as a weak Chinese trade data stoked fears of a growth slowdown, further undermining risk appetites already reduced by worries about the health of Spanish banks and deepening political chaos in Greece.

Source : ibtimes-com

23:03 : China restructures local operations of 'Big Four' auditors - BEIJING (Reuters) - China released new rules for the world's top four auditing firms on Thursday that include a requirement for their local operations to be led by Chinese citizens within three years.

Source : reuters-com