30361 Stories, most recent news story added 4 minutes ago
Shares of China Minsheng Banking Corp. make a tepid debut in spite of heavy subscriptions for Hong Kong’s largest initial public offering of 2009, as the bank’s high valuations and an overhang of policy tightening in China’s banking industry damp investor sentiment.
Senior US officials traveled to China two weeks before President Barack Obama's trip there to pressure Beijing to further isolate Iran, The Washington Post reported Thursday.
China Minsheng's IPO Weighs On Hong Kong Shares
China's pledge on greenhouse gases means it would shoulder more than a quarter of the CO2 emissions cuts needed to avoid dangerous global warming, a top economist said Thursday.
Nov. 26 (Bloomberg) -- Fidelity International’s Anthony Bolton said China’s “attractive” economic growth lured him to move to Hong Kong to set up a fund focusing on the country as recovery in the U.S. and Europe “runs out of steam.”
China set a firm target to control its emissions of greenhouse gases Thursday, an unprecedented step that bolsters the momentum of climate change talks at next month's United Nations summit in Copenhagen.
China is preparing to unveil a target to curb carbon emissions ahead of a major climate summit in Copenhagen next month, but experts and negotiators worry Beijing's much-anticipated figure may disappoint.
Two weeks before President Obama visited China, two senior White House officials traveled to Beijing on a "special mission" to try to persuade China to pressure Iran to give up its alleged nuclear weapons program.
China unveiled its first firm target to curb greenhouse gas emissions on Thursday, a carbon intensity goal that Premier Wen Jiabao will take to a summit in Copenhagen next month hoping to aid a global climate deal.
China promised Thursday to slow its carbon emissions, saying it would nearly halve the ratio of pollution to GDP over the next decade — a major move by the world's largest emitter, whose cooperation is crucial to any deal as a global climate summit approaches.
China announced plans Thursday to drastically boost its energy efficiency as part of its contribution to the fight against global warming. The State Council announcement ahead of next month's Copenhagen climate summit pledges that China will cut carbon dioxide emissions per unit of gross domestic product by 40 to 45% by 2020 compared with levels in 2005.
The country's manufacturers are saddled with overcapacity and are offloading excess output into world markets, the European Union Chamber of Commerce in China said on Thursday.
Nov. 26 (Bloomberg) -- China, the biggest producer of greenhouse gases, set its first numerical target to slow their growth a day after the U.S. offered its own goal, giving impetus to next month’s global climate-protection talks.
China announced its first targets for limiting carbon emissions on Thursday, joining the United States in revealing the stance it will take at next month's high-stakes climate summit.
The price of garlic in China has nearly quadrupled since March, propelled by its very pungency to rank ahead of gold and stocks as the country's best-performing asset this year.
China announced Thursday that it will cut its economy's carbon intensity by up to 45 percent by 2020, the state news agency Xinhua said, and that Premier Wen Jiabao will participate in international climate negotiations in Copenhagen next month.
Asian markets ended lower Thursday, with the strong yen hurting exporters in Tokyo, while capital-raising worries and a disappointing Hong Kong debut for China Minsheng Banking Corp. hurt Chinese banks.
Nov. 25 (Bloomberg) -- Bank of China Ltd. , the nation’s third-largest lender by market value, paced declines in Chinese bank stocks in Hong Kong after saying yesterday it is studying “various options” to replenish capital.
Nov. 26 (Bloomberg) -- Chinese Premier Wen Jiabao will attend next month’s climate-change summit in Copenhagen, the government said. “China attaches great importance to the issue of climate change,” Foreign Ministry Spokesman Qin Gang told reporters in Beijing today.
China has urged its big three energy producers to boost gas imports and output after an ongoing shortfall during an unusually early cold snap forced many cities to cut off supply to businesses.
Nov. 26 (Bloomberg) -- China Longyuan Power Group Corp. , the nation’s biggest wind-power producer, plans to increase its capacity to meet demand for renewable energy by tapping the proceeds of its Hong Kong initial public offering next month.
