News PM July 10
[2009-07-10]
Market Lukewarm towards China's Bill Sales; Urumqi Partly Resumes Business and Issues Compensation Plan; Midea Sets up Financial Firm
Bribery Probe Rattles Guangdong Bank Execs
[2009-07-10]
Fuzzy transactions and suspicious bank staffers led investigators to alleged front-office misdeeds at Guangdong Development Bank.
Industrial Giants Wade into Financial Waters
[2009-07-10]
Major state-owned industrial companies, with government backing, are expanding into banking and other financial services.
News AM July 10
[2009-07-10]
China Sees Lower Iron Ore Imports in June; Orient Securities Posts Profit in First Half of 2009; Earthquake Rattles Southwest China
Mapping Out a Global Path for the Yuan
[2009-07-10]
A government effort to ease the yuan into cross-border trading is moving forward, although finding the best route has been tricky.
State Shares Offer Hope for Social Security
[2009-07-10]
Officials are dusting off a plan to transfer state-owned company shares to China's social security fund. Yet hurdles remain.
Post-Riot Calm in Urumqi
[2009-07-09]
After the events of July 5, life in Urumqi is starting to quiet down. The authorities have issued the plan of the compensation for the victims.
Risks Emerge as Bank Loans Hit Overdrive
[2009-07-09]
Encouraged by China's stimulus plan and speculation, a huge lending spike is threatening the long-term economy.
Regulator Reins in Banks' Wealth Management Activities
[2009-07-09]
Banks will be not allowed to use funds raised from their wealth management businesses to invest in shares traded on the secondary market or in stock market investment funds.
News PM July 9
[2009-07-09]
New Loans Hit 1.53 Trillion Yuan in June; Ericsson Won $1.7 Bln Contracts with Chinese Firms; CNOOC Zhejiang LNG Terminal Approved
Security Bureau Detains Rio Tinto Executive
[2009-07-09]
Rio Tinto's China operations general manager is one of four staffers being held by security officials in a criminal probe.
No Slump for ArcelorMittal's China Strategy
[2009-07-09]
Working with Chinese partners and pursuing a Chinese mill takeover are in the game plan for the world's biggest steelmaker.
"Refinery Gate Price" Choking Gas Market
[2009-07-09]
China's oil companies should look for ways to cut production costs rather than raise prices, a professor argues.
News AM July 9
[2009-07-09]
Italian Insurer to Buy 30% Stake in Guotai Fund; Rio Tinto Employees May Face Espionage Charge; Google to Launch PC Operating System
China Investment Sets up International Advisory Body
[2009-07-09]
China's sovereign wealth fund recently created an advisory body to provide advice on the company's international strategies.
Bitter Aftertaste for Chinalco-Rio Tinto Talks
[2009-07-08]
Defensive explanations in Australia and criticism in China followed Chinalco's failed plan to boost its stake in Rio Tinto.
China Sees Rising Consumer Confidence – MasterCard
[2009-07-08]
The decrease in precautionary saving indicates that China's domestic consumption will recover.
News PM July 8
[2009-07-08]
COFCO to Develop Dairy Farms after Buying into Mengniu; China Nonferrous Asked to Resubmit Lynas Deal; 28-day and 91-day Repo Rates up by 5 BP
Delay: New Surprise in Green Dam Saga
[2009-07-08]
Hours before a mandated deadline for Internet filtering software in all new computers, the government pressed a pause button.
News AM July 8
[2009-07-08]
Gemdale Pays 1.56 Bln Yuan for Beijing Residential Site; Four Rio Tinto Employees Detained in China; Attack Hit Chinese Embassy
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