US declines to label China a currency manipulator

The Obama administration declined Tuesday to label China a currency manipulator, noting that it has let the yuan rise nearly 10 percent in value against the dollar since June 2010.

Posted: November 28th, 2012 in Latest Business Stories | Read More »

Chinese shares up 1.03 percent in morning trade

A child brushes his teeth in front of a stock price monitor at a private securities company in Shanghai, China, on July 31, 2012. Asian markets were generally down Wednesday, August 1, 2012, as nervous investors awaited the outcome of a key US Federal Reserve meeting amid low expectations of any new easing measures. AP PHOTO

Chinese shares were up 1.03 percent in early trade Friday with banks leading the gains after Central Huijin Investment increased stakes in the nation’s major lenders, dealers said.

Posted: October 12th, 2012 in Latest Business Stories | Read More »

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