Bank of China shares up in Shanghai debut
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Bank of China&#039;s shares made a strong debut Wednesday in Shanghai, surging 23 percent in the mainland&#039;s biggest initial public offering.
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China raised interest rates on Friday  in the latest of a series of tightening steps aimed at keeping  inflation in check and preventing the world&#39;s fourth-largest  economy from overheating.
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China&#39;s central bank has raised interest rates for the first time in 14 years, in a bid to moderate the country&#39;s explosive economic growth.
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China sought Friday to soothe concerns  over a surprise interest rate rise, its first in nearly a  decade and one which is expected to kick off a series of  increases to cool growth in the world's seventh-biggest  economy.
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THE race may be on only this Sunday, but already, Shanghai is in high gear for Formula One. For one thing, the organisers of the first-ever Chinese Grand Prix had no problem filling the seats in their enormous stands.
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CHICAGO (CBS.MW) -- Shares of PF Chang&#39;s China Bistro jumped 7 percent in early trading Wednesday after the casual dining chain said sales jumped amid new store openings, higher traffic and a hike in prices.
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China has decided to raise its benchmark one-year lending rate to 5.58 percent from 5.31 percent with effect, the first such move in nearly a decade, the central bank said.
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London stocks were higher on Wednesday as banks rallied, with Northern Rock rising strongly after saying it had received a number of unnamed approaches.
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Chinese stocks rose to a new high Thursday, surging past the previous peak set in 2001 amid renewed confidence in the country's markets and expectations for a stronger local currency.
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LONDON/BEIJING  - British bank Barclays  raised its bid for Dutch group ABN AMRO  to 67.5 billion euros ($93 billion) on Monday, helped by some of the biggest ever overseas investments by China and Singapore.
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China Construction Bank  said on Tuesday it was launching an initial public offer of shares that is expected to be China's biggest, raising more than $7 billion.
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China's top oil firm, PetroChina, expects to raise more than $9bn  for its Shanghai market listing.
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Shares of China Merchants Bank surge as much as 30% on its first day of trading in Hong Kong.
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Investor's Business Daily - Government efforts to cool soaring Chinese stocks sparked heavy selling in Shanghai on Wednesday. But unlike three months ago, global markets took the drop in stride.
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China's central bank on Thursday raised  interest rates for the first time in nearly a decade in a  surprise move that was the boldest so far aimed at guiding a  heated economy onto a path of slower growth.
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Citigroup Inc.  plans to increase its China headcount by one-third in 2007, as it opens new branches and boosts its small and medium-sized enterprise business, the top U.S. bank said on Wednesday.
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Beijing, Oct. 28 (PTI): China today raised its interest rates for the first time in nine years to consolidate macro economic adjustment and ensure healthy growth of the economy, the apex bank said here.