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US Paulson Says China Currency Reform Needed to Support Growth 21 Aug 2008 17:13 GMT
... Henry Paulson today said ongoing efforts by China to move toward a market-driven currency regime are important because it will help ... daily movements in the value of the renminbi. The RMB has advanced more than 20 pct against the ...
China Southern to undergo hardship, says Chairman 21 Aug 2008 15:07 GMT
... The chairman of China Southern Airlines has voiced that the outlook for ... Centre for Asia Pacific Aviation. Luckily, the yuan against the US dollar appreciated in the first half of 2008 ... delivering the carrier a USD384 million foreign currency gain which was in excess of a ...
Background Notes : Mongolia (08/08) 21 Aug 2008 14:37 GMT
... Kazakh); 4.6% Tungusic; and 3.4% others, including Chinese and Russian. Languages: Mongolian, Kazakh, Russian, and English. ... outside Mongolia; about 3.4 million live in China, mainly in the Inner Mongolia Autonomous Region, ... Khan, who conquered China and established the Yuan dynasty (1279-1368 AD), gained fame in Europe ...
BRIEFING - ASIA BANKING - AUG 21, 2008 21 Aug 2008 13:17 GMT
... Markets Commission B C Khatau said. 2 CHINA CITIES TO TRIAL FOREX FRANCHISE SERVICE FOR ... FRANCHISE SERVICE FOR INDIVIDUALS BEIJING - Two Chinese cities of Beijing and Shanghai are approved to ... franchise exchange service between Chinese currency RMB yuan and foreign currencies for individuals, announced by ...
BRIEFING - ASIA FOREX - AUG 21, 2008 21 Aug 2008 12:59 GMT
... the weakest close since Oct. 2 2 CHINA CITIES TO TRIAL FOREX FRANCHISE SERVICE FOR ... FRANCHISE SERVICE FOR INDIVIDUALS BEIJING - Two Chinese cities of Beijing and Shanghai are approved to ... franchise exchange service between Chinese currency RMB yuan and foreign currencies for individuals, announced by ...

Baht, peso leads Asia higher on broad dollar weakness 21 Aug 2008 11:53 GMT
... in the euro, gold and oil. The Chinese yuan hit a three-week high at 6.8435 to ... the CPI seems to be peaking in China and growth could slow due to a ...
Is the 'Commodity Super Cycle' Dead or Alive? 21 Aug 2008 10:59 GMT
... of six influential central banks, from Brazil, China, Europe, India, Korea, and Russia, were working ... China (PBoC) soaked up vast amounts of yuan by repeatedly increasing banks’ reserve requirement ratio ... blocks of government securities and letting the Chinese yuan strengthen 12% against the dollar. Finally, the ...
ICBC says yuan loan growth to top 10 pct in 2008 21 Aug 2008 10:36 GMT
... (Reuters) - Industrial & Commercial Bank of China Ltd (1398.HK: ), the world's biggest bank by ... biggest bank by market value, expects local currency loan growth to exceed 10 percent this ... President Yang Kaisheng told reporters. "Though our yuan loan growth for the first half is only 6.8 percent, our ...
China eases curbs on some foreign exchange trading 21 Aug 2008 09:32 GMT
... in a statement on its Web site. China strictly controls foreign exchange trading, allowing such ... of money that can be exchanged, with Chinese individuals allowed an annual maximum of $50,000 and ... to buy up to $5,000 worth of yuan per day and sell the equivalent of ...
Asia stocks, U.S. dollar slip as oil climbs 21 Aug 2008 09:27 GMT
... barrel and halted a rally in the currency. The U.S. housing market, the source of ... low on Wednesday, with a fall in China Mobile shares leading the way. The Shanghai composite ... that China was considering a 200-400 billion yuan stimulus plan, according to the International Finance News. There were ...
Asia stocks, US dollar drop as oil tops $116 21 Aug 2008 09:18 GMT
... low on Wednesday, with a fall in China Mobile shares leading the way. The Shanghai composite ... that China was considering a 200-400 billion yuan stimulus plan, according to the International Finance News. ...
China eases limits on some forex trading by individuals, nonbanks in Shanghai and Beijing 21 Aug 2008 09:17 GMT
... The new policy will allow certain designated nonfinancial firms ... of money that can be exchanged, with Chinese individuals allowed an annual maximum of $50,000 and ... to buy up to $5,000 worth of yuan per day and sell the equivalent of ...
BB&M International Corporation Shares New Advice for Investing in High-Risk Currency 21 Aug 2008 08:28 GMT
... BB&M International Corporation -- a foreign-licensing, consulting company -- ... form. "Today investors are interested in the Chinese yuan, the Vietnamese dong and the Iraqi dinar ...
Asian stocks, US dollar slip as oil climbs 21 Aug 2008 06:30 GMT
... barrel and halted a rally in the currency. The US housing market, the source of ... low on Wednesday, with a fall in China Mobile shares leading the way. The Shanghai composite ... that China was considering a 200-400 billion yuan stimulus plan, according to the International Finance News. There were ...
China's threat to the economy 21 Aug 2008 05:56 GMT
... a larger and more troubling question. Will China overtake the United States as the world's ... Indeed, because there are so many more Chinese than Americans, average Chinese living standards may ... trade policy by keeping its currency, the renminbi, at artificially low levels. That stimulates export-led ...

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