FINANCE

Shanghai copper stocks drop by 13,635 tonnes on week

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LONDON: Copper bounced on Friday, helped by investors balancing positions ahead of the weekend's G-20 meeting, but was set to decline for a third week on concerns that deepening debt problems in the euro zone could drag on China's economy and metals demand. (more here…) Related items US Stocks Gain, Financials Lead On Euro-Zone...

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Asian Shares Slide as Financials Drag

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Read full story for details. (more here…) Related items Asia Markets: Asian shares advance as financials climb Stocks surge in wake of eurozone deal Asian Shares Up as Financials, Exporters Rally Asian Shares Up on ECB Move: Financials Top Gainers Asian stocks plunge on first day of trading after U.S. downgrade

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China New Media Reports Third Quarter Fiscal Year 2012 Financial Results

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DALIAN, China, May 16, 2012 /PRNewswire-Asia/ — China New Media Corp. (CMDI.OB) (the "Company"), China's fast-growing advertising media company who owns or operates an outdoor media network … (more here…) Related items Shanghai copper stocks drop by 13,635 tonnes on week Asian Shares Slide as Financials Drag China may raise investment quota for foreigners:...

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China may raise investment quota for foreigners: paper

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SHANGHAI (Reuters) – China may increase the maximum amount that a foreign financial institution can invest in the country's capital markets as part of broad reforms in the sector, the official China Securities Journal reported, citing unidentified sources. Quotas are individually capped at $1 billion under the Qualified Foreign Institutional Investor (QFII) scheme, the...

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Daryl Guppy: Shanghai Index tests support

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TAI SHAN IS one of the five sacred mountains in China. It is a 1,545m behemoth rising steeply from the Shandong plain, with thousands of steps cut into its sides. It has been climbed by numerous emperors and millions of tourists. Getting to the top is an arduous process. Read more… (more here…) Related...

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ANZ to invest a further $300m in China

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ANZ will invest an additional $A300 million to support business growth in China. (more here…) Related items Australia's ANZ to invest another $300 mn in China ANZ to invest $300m more in China China Stock Market May Find Traction On Friday US Stocks Move Lower; Energy, Financials Decline Asian Stocks Bounce Back; Shanghai, Sensex...

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