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Stocks fall for 3rd day as dollar strengthens

Business | Securities
2009-11-21

THE stock market ended a down week yesterday with light selling as investors grew uneasy about a rising dollar and spiking demand for the safest government debt. After two strong weeks, investors tried unsuccessfully...


Index dips on weak banks and oil firms

Business | Securities
2009-11-21

SHANGHAI stocks dropped for the first time in six days yesterday due to a weak performance of banks and oil producers in a flat market ahead of the weekend. The benchmark Shanghai Composite Index dipped 0.37 percent,...


Firm seals wine deals to tap growing demand

Business | Securities
2009-11-21

SHENZHEN-BASED Silver Base International Development, the largest distributor of Chinese premier spirit Wuliangye, has signed agreements with several international wineries to accelerate its entry into the wine business...


Market dips to close week at 3,308

Business | Securities
2009-11-20

SHANGHAI'S market dropped for the first time in six days with weak performance of banking shares and oil producers as the bourse remained flat ahead of the weekend. The benchmark Shanghai Composite Index dipped...


Shanghai shares drop led by lackluster heavyweights

Business | Securities
2009-11-20

SHANGHAI'S stock market closed lower in the morning session after rising for five consecutive days with weak performance of heavyweights. The benchmark Shanghai Composite Index was down 0.44 percent, or 14.59...


Stronger dollar, weak economic data pummel stocks

Business | Securities
2009-11-20

SIGNS of a subdued U.S. economic recovery sent investors out of stocks yesterday and in search of safer assets like the dollar. Major indexes tumbled about 1 percent, including the Dow Jones industrial average,...


Gas and metals fuel key Shanghai index

Business | Securities
2009-11-20

SHANGHAI stocks rose for a fifth session yesterday, fueled by natural gas producers and metal companies. The benchmark Shanghai Composite Index edged up 0.53 percent, or 17.38 points, to its highest close in three...


HK stocks decline as investors take profit

Business | Securities
2009-11-20

HONG Kong shares fell to profit-taking for a third session yesterday, but China Mobile outperformed after it said its business had rebounded to pre-crisis levels. The benchmark Hang Seng Index closed down 0.86...


Market edges up to close at 3,321

Business | Securities
2009-11-19

SHANGHAI'S stock market closed higher today, lifted by natural gas producers and metal companies. The benchmark Shanghai Composite Index was up 0.53 percent, or 17.38 points, to close at 3,320.61 points. Turnover...


Shanghai stocks close flat as investors grow cautious

Business | Securities
2009-11-19

SHANGHAI'S stock market almost remained unchanged in the morning session with investors staying cautious as the benchmark index fluctuated around 3,300 points. The benchmark Shanghai Composite Index was down 0.09...


Stock market falls as home construction slows

Business | Securities
2009-11-19

STOCKS drifted lower yesterday after an unexpected drop in home construction and disappointing forecasts from technology companies added to worries about the U.S. economic recovery. The modest drop came a day after...


Energy firms fuel climb in key index

Business | Securities
2009-11-19

THE Shanghai stock market closed at the highest level yesterday since August 6, led by oil producers and energy companies. The benchmark Shanghai Composite Index gained 0.62 percent, or 20.34 points, to close...


Market highest since August 10

Business | Securities
2009-11-18

SHANGHAI'S market closed higher today, at its highest level since August 10, on the back of oil producers and energy companies. The benchmark Shanghai Composite Index finished up 0.62 percent, or 20.34 points,...


Shanghai stocks rise led by oil and coal producers

Business | Securities
2009-11-18

SHANGHAI'S stock market ended slightly higher in the morning session, powered by oil companies and coal producers. But the gain was limited as property developers and steel producers dropped. The benchmark Shanghai...


Stocks post modest gains on rise in commodities

Business | Securities
2009-11-18

STOCKS finished an erratic session mixed yesterday as higher commodity prices lifted energy and materials shares. The meager advances were enough to push stocks to new 13-month highs, though more shares fell than...


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