China
Inflation Eroding China's Bank Deposits Signals Zhou Must Increase Rates China’s accelerating inflation has
started to erode household savings, threatening to spur
purchases of property and stocks and fuel asset-price pressures.
Shenhua Energy's Profit Rises to Record on Coal Production, Higher Demand China Shenhua Energy Co., the
nation’s biggest coal producer, posted a record profit for a
second year on increased output and higher demand in the world’s
fastest-growing major economy.
Hong Kong Property Prices Set for `Another Good Year,' Sun Hung Kai Says Hong Kong’s home market may see
“another good year” in 2010 as buyers remain financially sound,
according to Sun Hung Kai Properties Ltd., the world’s biggest
developer by market value.
Krugman Says China's Restraint of Yuan Depressing Global Economic Growth Nobel Prize-winning economist Paul
Krugman said global economic growth would be about 1.5
percentage points higher if China stopped restraining the value
of its currency and running trade surpluses.
China Banks May Require Bailouts After Stimulus-Loan Boom, Citigroup Says China may be forced to bail out
banks that made loans for local-government projects under the
unprecedented stimulus program unleashed in 2008, according to
Citigroup Inc. and Northwestern University’s Victor Shih.
Easing China `Fear' Gauges Signal Bullish Outlook for Nation's Equities Chinese stocks may rise as a gauge
of implied volatility shows the spread between China and U.S.
shares keeping near a three-year low, according to Macro Risk
Advisors LLC, which advises institutions on equity derivatives.
CIC's Wang Says Private Equity Investments Offer Good 2010 Opportunities China’s $300 billion sovereign
wealth fund sees a “good opportunity” to boost private-equity
investments this year, as companies are undervalued after losses
from the global financial crisis.
Yuan Forwards Head for Biggest Weekly Advance in Two Months on Inflation Yuan forwards headed for their
biggest weekly advance in two months as accelerating inflation
fanned speculation policy makers will let the currency
appreciate to damp import costs. Government bonds dropped.
PCCW Real Estate Subsidiary Suspended From Buying, Selling Land in Beijing Pacific Century Premium
Developments Ltd., the real-estate unit of Hong Kong billionaire
Richard Li’s PCCW Ltd., was suspended from buying and selling
land in Beijing, according to a local government statement.
Sinopec Changling Refinery Incurs Losses in March as Crude Prices Increase China Petroleum & Chemical Corp.’s
Changling refinery in the central province of Hunan incurred
losses in March as crude costs rose, the plant’s general manager
Li Hua told reporters in Beijing.
India's Stalled Arms-Buying System Leaves Its Military Outgunned by China India, which has tripled its
defense spending in a race against China’s military buildup, is
having trouble converting the funding into weapons and equipment
its military says are urgently needed.
Taiwan Premier Approves Allowing Mainland Banks Invest in Island's Lenders Taiwan’s Cabinet has approved plans
to allow mainland Chinese companies to invest in domestic
lenders, brokerages and insurers, paving the way for a broader
economic accord as cross-strait relations improve.
Chinese Government Calls Google's Plan to End Web Censorship `Unfriendly' China said Google Inc. would be
“unfriendly and irresponsible” if it defies rules to censor
online content, escalating a dispute between the government and
the owner of the most popular search engine.
FEEDBACK
HOME
