Stronger wool market hits 1550c

It seems that the further one is from Beijing or Shanghai the less likely you are to get this ... figures not seen since August 2005, and the stock market is consistently setting new highs – then again they do have a few other issues to deal with over ... ( read original story ...)

For the Central Bank of Russia This Is All That Matters

Excerpt: Russia is also part of a reported Chinese plan to install a new international monetary order that excludes U.S. dollars. Under that plan, China could buy Russian oil with yuan and Russia could then exchange that yuan for gold on the Shanghai exchange. ( read original story ...)

China IPOs set to hit new record this year

Data show that during the first three quarters of the year, 343 firms launched their initial public offerings on the Shanghai and Shenzhen stock exchanges ... An additional nine IPOs will be included in the count as they plan to list on the first week ... ( read original story ...)

China reads the runes of Pirelli share sale

Pirelli, the “Prada of tyres”, will be among the biggest IPOs in Europe this year with an expected enterprise ... have been taken out of the group and incorporated in ChemChina’s Shanghai industrial business, leaving its higher margin consumer ... ( read original story ...)