Tag: finance

China based Shanghai Metal Corporation announces to supply high-precision seamless steel tubes to the industries across the globe at reasonable prices. The seamless and high-precision steel tubes supplied by Shanghai Metal are used for the fluid ... ( read original story ...)

SHANGHAI, Feb 6 (Reuters) - China stocks rose on Monday morning, with sentiment helped by reported progress in restructuring state-owned enterprises (SOE), but the rebound was curbed by the central bank's surprise move to raise short-term interest rates ... ( read original story ...)

(RTTNews.com) - The China stock market on Friday ended the five-day winning streak in which it had advanced almost 60 points or 1.8. The Shanghai Composite Index now rests just above the 3,140-point plateau, although the market may bounce higher again on ... ( read original story ...)

It is a clear sign that the central bank has switched to tighten its monetary policy,” said a trader at a Chinese bank in Shanghai. China’s economy has seen a broad-based pickup in recent months, due largely to a strong housing market and higher ... ( read original story ...)

SHANGHAI, Feb 6 (Reuters) - China's central bank said it would skip open market operations on Monday. "The overall liquidity in the banking system is staying at a relatively high level," the People's Bank of China (PBOC) said in a statement on its website. ( read original story ...)

China raises short-term rates on first day after long holiday * Shanghai rebar falls 6.8 pct, Dalian iron ore down 5.4 pct By Manolo Serapio Jr MANILA, Feb 3 Chinese steel and iron ore futures tumbled on Friday after the country's central bank unexpectedly ... ( read original story ...)

The banking sector drove the S&P 500 up 0.7 per cent to just ... while rebar steel futures in Shanghai were down almost 7 per cent on Friday. The weaker futures market could well drag down Chinese spot-prices, which haven not resumed trading yet, although ... ( read original story ...)