Tag Archive | "china"

Gold inches up on China’s economic data, dollar weighs

Gold edged up in volatile trade as positive economic data from China helped offset pressure from a rebound in the dollar.

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Stocks try to bounce back from previous day’s drop (AP)

In this Oct. 19, 2010 photo, Michael Jantz, right, and Douglas Johnson, both of Banc of America Specialist, Inc., work on the floor of the New York Stock Exchange. Stock futures bounced back slightly, a day after the market was hammered by a surprise interest rate hike in China and mixed earnings reports.(AP Photo/Henny Ray Abrams)AP – Stock futures bounced back slightly, a day after the market was hammered by a surprise interest rate hike in China and mixed earnings reports.

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World stocks slide on China growth fears (AFP)

French traders monitor shares prices in Paris, 2008. Global stock markets mostly dropped on fears of economic slowdown in China where interest rates have been increased for the first time for three years.(AFP/File/Mehdi Fedouach)AFP – Global stock markets mostly dropped on Wednesday on fears of economic slowdown in China where interest rates have been increased for the first time for three years.

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Aussie dollar rebounds from two-week lows, Kiwi trails

The Australian dollar rebounded from a two-week low against the greenback on Wednesday as the market recovered from an initial shock to China’s first interest rate hike in nearly three years.

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Metals, grains fall on Chinese rate hikes (AP)

AP – Gold and other metal prices fell Tuesday as China’s government announced it will boost interest rates, roiling currency markets and suggesting China might curtail its appetite for raw materials.

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China reins in rare earth exports

China could cut rare earth exports by up to 30 per cent next year, says state media, in a move that will heighten global concerns at the country’s monopoly over the critical minerals

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China’s next leader remains closed book

Xi Jinping is firmly entrenched as China’s leader-in-waiting, given that he now holds senior positions in the three branches of power

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China rate increase sends oil lower (AP)

People march during a demonstration in Marseille, southern France, Tuesday, Oct.19, 2010.  The protesters are trying to prevent the French parliament from approving a bill that would raise the retirement age from 60 to 62 to help prevent the pension system from going bankrupt. Banner reads: Workers together to defend retirement in oil industry. (AP Photo/Claude Paris)AP – Oil prices fell about 2 percent Tuesday after China surprised markets by raising interest rates in an attempt to cool its red-hot economy.

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Google’s China market share continues to fall

US search company’s market share in China continues to slide as a reorganisation of the company’s distribution network takes its toll on search revenues

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China raises rates to control prices

China will raise interest rates for the first time for nearly three years as it begins to unwind the massive stimulus put in place following the financial crisis

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