No global punch in stock dive this time

2007-06-01 09:12:36

The 6.5 percent fall in Shanghai shares on Wednesday caused few global ripples, with even stock markets in Asia registering only modest declines.

BoCom bids for struggling firm

2007-06-01 09:07:51

Bank of Communications (BoCom) has made a bid to acquire 85 percent of a once nearly bankrupt trust firm in Central China's Hubei Province.

Danone turns up the heat against Wahaha

2007-06-01 08:55:43

French food giant Groupe Danone SA, embroiled in a dispute with its Chinese partner Wahaha, has taken the matter to an arbitration body.

Insurers to invest in overseas equity markets

2007-06-01 08:48:26

Chinese insurance companies will soon be allowed to invest in equities in overseas markets.

Opinions mixed on measures to cool down share market

2007-06-01 08:44:44

Chinese people have mixed feelings about the central bank's efforts to cool down the sizzling stock market.

Stocks come back after 'breath-taking' plunge

2007-05-31 16:28:01

Chinese stocks opened lower today but closed at 4,109.65, up 1.4 percent after a "breath-taking" 150-point steep plunge in five minutes and later a series of strikes to the upper levels.

Finance ministry website crashes

2007-05-31 06:50:31

The Ministry of Finance website was accessible only intermittently for most of yesterday, amid speculation that stock investors had hacked the site.

Hang Seng dips after duty hike

2007-05-31 06:41:39

Hong Kong's benchmark Hang Seng Index fell 175 points to 20,293 yesterday, sparked by central government cooling measures.

Warning against share correction

2007-05-31 06:41:39

The World Bank warned of a sharp correction in the booming stock market, a warning that came the same day the bourse saw a 6.5 percent fall.

Sinopec confirms major discovery in Xinjiang

2007-05-31 06:42:48

China Petroleum & Chemical Corporation, known as Sinopec Group, has made a major oil and gas discovery in the Xinjiang Uygur Autonomous Region, Asia's top refiner confirmed yesterday.