CHINA

IBTimes Logo

OzForex Daily Commentary - 1 Sept 2009

The Australian Dollar opens stronger on Tuesday at 0.8435 after shrugging off worse-than-expected local data yesterday where gross operating profits fell 7.8 per cent in the June quarter and business inventories shrank 3.4 per cent.

China Mobile CEO: we're still in talk with Apple on iPhone

IBTimes Logo
China Mobile CEO Wang Jianzhou said on Monday that the nation's biggest mobile provider is still in talk with Apple on iPhone, echoing Apple China's statement that its three-year agreement with China Unicom is not exclusive to the carrier.

Tiomin says Chinese co to buy 70 pct of its Kenya unit

IBTimes Logo
Canada's Tiomin Resources Inc said it signed an investment agreement with China's Jinchuan Group Ltd, following which the top Chinese nickel producer will acquire 70 percent equity interest in Tiomin Kenya Ltd (TKL).
IBTimes Logo

Chinese e-crime gangs target older women: police

Criminal gangs tricking unwitting Chinese into releasing bank account information and other personal details are having the greatest success among older people and women, police said on Monday.
More news
IBTimes Logo

Oil drops nearly 4 percent on China economy fears

Oil prices fell nearly 4 percent to below $70 a barrel on Monday as fear of a curb in Chinese bank lending dented optimism about the pace of economic recovery and a potential rebound in global energy demand.
IBTimes Logo

Oil drops below $70 on China economy fears

Oil prices fell nearly $3 to below $70 a barrel on Monday as fear of a curb in Chinese bank lending dented optimism about the pace of economic recovery and a potential rebound in global energy demand.
IBTimes Logo

Wall Street skids on China concerns

Stocks fell on Monday as concerns about the global economy's health weighed on Wall Street, following a hefty sell-off in Chinese equities.
IBTimes Logo

Oil drops 4 percent, below $70, on weaker equities

Oil prices fell nearly $3 to below $70 a barrel on Monday as a big drop in China's key stock index dented optimism about the pace of economic recovery and a potential rebound in global energy demand.
IBTimes Logo

Oil drops over $3 toward $69, eyes weaker equities

Oil prices fell more than $3 toward $69 a barrel on Monday as a big drop in China's key stock index dented optimism about the pace of economic recovery and a potential recovery in global energy demand.
IBTimes Logo

Oil drops below $70, eyes weaker equities

Oil fell more than 4 percent to below $70 a barrel on Monday as a drop in China's key stock index dented optimism about the pace of economic recovery and the U.S. dollar strengthened.
IBTimes Logo

Oil drops to near $70, eyes weaker equities

Oil fell more than 3 percent to around $70 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.
IBTimes Logo

JPMorgan says China banks eyeing Taiwan

Chinese banks are expected to seek investment opportunities in Taiwan, hoping to apply new government guidelines and tap the busy cross-strait commerce, J.P. Morgan's (JPM.N) Brian Gu told Reuters on Monday.
IBTimes Logo

Oil drops to $71, eyeing weaker equities

Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.