Low Down Payments Yielding High Risks
[2009-06-25]
A finance expert says speculators and banks that ignore mortgage down payment regulations are now posing a serious threat.
Sinopec to Buy Swiss Oil Explorer Addax
[2009-06-25]
Addax's board recommended shareholders accept the offer and senior executives have entered a lock-up agreement to sell their 38 percent holding to the Chinese firm.
News AM June 25
[2009-06-25]
China Audit Office Recovers Embezzled Funds; Some CEPA Products to Enjoy No Tariffs; Major Iron Ore Find in Liaoning; State Council to Inspect Suspended Projects
Export Restrictions Comply with WTO Rules- Ministry
[2009-06-25]
A ministry official said that the export policies are in compliance with WTO rules and were set up to protect the environment and natural resources.
China Minsheng Sells Entire Stake in Haitong Securities
[2009-06-25]
Minsheng sold 381 million shares worth 5.46 billion yuan at an average share price of 14.33 yuan, the Beijing-based lender said.
Money Supply Taste Test: Water or Honey?
[2009-06-25]
Freshly minted cash can be likened to water or honey, as the world's monetary policy experimenters are now discovering.
Scratching Heads over Wall Street 'Reform'
[2009-06-24]
Americans and space aliens alike are understandably puzzled by the Obama administration's stab at financial regulation reform.
News PM June 24
[2009-06-24]
Shanghai Builds Agricultural Product Trading Center; China Eastern Gets Regulatory Approval for Share Placement; Wuhan Iron & Steel to Buy Stake in Brazilian Iron Ore Producer
China Audit Finds Irregularities in 36 Bln Yuan Worth of Bank Loans
[2009-06-24]
Some of the loans were given to developers who did not hold sufficient cash to meet the minimum capital requirement for obtaining credit to purchase land.
US Files WTO Complaint against China on Export Restrictions
[2009-06-24]
The complaint is the first to be brought against China by the U.S. since the start of the Obama administration.
China Mid-June Power Output Up 3.8% Yr-On-Yr
[2009-06-24]
Analyst said the rise was due to increased use of air conditioners driven by unusually high early summer temperatures.
News AM June 24
[2009-06-24]
Nipponkoa Insurance Approved to Launch China Unit; Inner Mongolian Fund to Slash Coal Profits; China and the US Resume Defense Talks; US and WTO Act on China Raw Material Restrictions
Zhejiang Wanma Wins IPO Approval
[2009-06-24]
Zhejiang Wanma said it will launch an IPO road show in Beijing, Shanghai and Shenzhen during June 25-29.
55.7 % of Rural Land Requisition Quota Used
[2009-06-24]
China is under increasing pressure to provide land on which to build the infrastructure necessary to support the country's rapidly urbanizing population.
East Star Airlines Gets 500 Mln Yuan Lifeline - Report
[2009-06-23]
The airlines began bankruptcy proceedings after a local court accepted GE Commercial Aviation Services' lawsuit against the airline on March 30.
News PM June 23
[2009-06-23]
Mergers and Acquisitions Receive 13 Bln Yuan Boost; China CIFCO Investment Buys New Offices; China Mid-June Power Output Increases; Hubei Protests Pacified by Autopsy
Fund-raising Exercise to Relieve Gome's Pressures
[2009-06-23]
Gome will continue to take a cautious attitude and plans to close 100 outlets in 2009 amid challenging macroeconomic conditions.
Green Dam's Challenge to Public Rights
[2009-06-23]
A government mandate for Internet filtering lacked legitimacy because it failed to balance state authority and public rights.
News AM June 23
[2009-06-23]
Bain to Take 3 Non-exec Director Seats on Gome Board; Sina Deal Still Pending Antitrust Review; China's State Compensation Law Revised
Minsheng Plans to List in HK in Fourth Quarter
[2009-06-23]
The listing of China Minsheng Banking Corp. in Hong Kong will help it meet capital adequacy requirements.
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