Hong Kong stocks close 1.37% down -- May 11

2010-05-11 16:35:13

Hong Kong stocks closed down 280.13 points, or 1.37 percent, at 20,146.51 on Tuesday.

ChiNext stock market down -- May 11

2010-05-11 16:34:37

The ChiNext was down Tuesday as only eight of the 79 stocks at China's start-up board for small and medium-sized enterprises were up.

China shares hit 11-month low on overheating fears

2010-05-11 16:26:30

Chinese shares hit an 11-month low Tuesday after higher April inflation sparked investor fears of more credit tightening. The benchmark Shanghai Composite Index lost 51.18 points, or 1.9 percent, to close at 2,647.57 - its lowest level since last May 27.

China stock index futures down -- May 11

2010-05-11 16:06:51

China's stock index futures closed down Tuesday with the contract for May, the most actively traded, down 3.79 percent to end at 2,801.6 points from the previous trading day.

BofA says China stocks have 'corrected enough'

2010-05-11 10:40:37

China's stocks have "corrected enough" and investors should consider buying equities as the probability of a hard landing for the economy is "not that high", according to BofA Merrill Lynch Global Research.

European aid gives rubber a bounce

2010-05-11 10:20:08

Rubber rallied from the lowest price in almost five months on optimism an emergency package by European policymakers will contain a sovereign-debt crisis and maintain economic growth in the region.

Yuan recovers against dollar in offshore forwards

2010-05-11 10:19:32

The yuan rebounded strongly against the dollar in the offshore forwards markets on Monday after the European Union and the IMF agreed on a $1 trillion emergency rescue plan to protect indebted eurozone countries.

Non-ferrous metals set to plunge further

2010-05-11 10:18:59

Non-ferrous metals are expected to further plunge amid growing concerns about the eurozone's prospects coupled with uncertainty surrounding China's exit from stimulus policies, analysts said, but the retreat may be short-lived due to a boom in infrastructure construction and automobile consumption.

Europe bailout perks up stocks

2010-05-11 09:56:58

Stocks surged around the world, the euro strengthened and commodities gained as European policymakers unveiled a $962 billion loan plan to end the region's sovereign-debt crisis. Treasuries plunged and bunds fell.

Market roundup

2010-05-11 09:54:10

Equities rebound after bears go into hibernation

2010-05-11 09:15:23

Mainland stocks rebounded after briefly entering a bear market on speculation a slowdown in the economy may delay increases in borrowing costs and a Europe loan package will keep the region's credit crisis from spreading.