more stories

US stocks rise after mixed economic news

Business | Securities
2011-8-13

THE mixed economic signals driving the stock market's record-setting swings this week keep coming. Yesterday, conflicting reports on retail sales and consumer sentiment sent the Dow up, then down, then up again. ...

---

European stocks end week on high note

Business | Securities
2011-8-13

STOCKS in Europe ended sharply higher yesterday after positive retail sales data out of the Unites States helped ease concerns that the world's largest economy is heading back into recession, while a ban on short-selling...

---

Shanghai shares climb for third day

Business | Securities
2011-8-13

SHANGHAI shares yesterday rose for a third straight day with investors piling into consumer plays as defensive investments following a week of intensified volatility stemming from the debt crisis in Europe and the...

---

CITIC sells 31% of mutual fund firm

Business | Securities
2011-8-13

CITIC Securities Co yesterday said it has raised 5.14 billion yuan (US$803.7 million) by selling a 31 percent stake in China Asset Management Co to three companies. Citic, the biggest securities firm by market...

---

Consumer players power Shanghai index

Business | Securities
2011-8-12

SHARES in Shanghai extended gains for a third day today with investors piling into consumer plays as defensive investments following a week of intensified volatility reeled from the debt crisis in Europe and the United...

---

Dow soars 423 points on economic news

Business | Securities
2011-8-12

WALL Street's wildest week since 2008 careened into another 400-plus point move for the Dow yesterday. This time, stocks shot up after investors saw small signs that the US economy might not be headed into another...

---

Stocks close higher on low valuations

Business | Securities
2011-8-12

SHARES in Shanghai yesterday rose unexpectedly, outperforming most overseas markets, on relatively low valuations. The Shanghai Composite Index gained 1.3 percent, the most since July 13, to close at 2,581.51,...

---

Crash derails shares of rail companies

Business | Securities
2011-8-12

SHARES of railway-related companies were derailed yesterday following China's decision to put the brakes on the country's high-speed rail services following a deadly train crash in Zhejiang Province last month. ...

---

Apple is most valuable stock

Business | Securities
2011-8-12

IT doesn't take a visit to the Genius Bar to figure out how Apple became the most valuable company in America. Its lineup of sleek phones, computers and iPods, irresistible to customers even in tough economic...

---

Shanghai equities rise on stronger air carriers

Business | Securities
2011-8-11

SHARES in Shanghai posted an unexpected rise today, outperforming most overseas markets suffering turmoil amid investors intensified concerns over debt problems in Europe. The Shanghai Composite Index, although...

---

Shanghai shares up despite global slide

Business | Securities
2011-8-11

SHARES in Shanghai posted an unexpected rise in the morning session, outperforming almost all overseas markets that are plunging amid investors intensified concerns over debt problems in Europe. The Shanghai Composite...

---

Stocks resume sell-off; Dow finishes down 519

Business | Securities
2011-8-11

BACK to reality for the stock market - and back down. Wall Street focused yesterday on the bleak landscape ahead for the economy and sold off, wiping out the big gains from a day earlier and then some. The Dow...

---

3 IPOs Soar Over 40% On Debut As Sentiment Shifts

Business | Securities
2011-8-11

THREE new A-share listings soared more than 40 percent each on their debut yesterday as they took advantage of a shift in investor sentiment following a massive decline that may been overdone. The rallies by Founder...

---

Rally may be short-covering

Business | Securities
2011-8-11

SHARES in Shanghai yesterday rose for the first time in four days as analysts said the tumble from the debt crisis in the United States and Europe may have been overrated. Premier Wen Jiabao on Tuesday urged global...

---

Hackers said to hit website of HK Exchanges

Business | Securities
2011-8-11

HONG Kong Exchanges & Clearing Ltd's website may have been attacked by hackers, its Chief Executive Officer Charles Li said yesterday. Trading of companies, including HSBC Holdings Plc, Hong Kong Exchanges and...