Gold prices fall two per cent after China moves to control rising inflation. View full post on Canada Business Stories
Posts Tagged ‘China’
Serbia Backs China’s Decision To Boycott Nobel Ceremony
December 9th, 2010
admin AHN News Staff Belgrade, Serbia (AHN) – Serbia has supported Chinese decision to boycott Friday’s Nobel Peace Prize ceremony for dissident Liu Xiaobo, who has been in jail since the award has been announced. Speaking at Serbian B92 television, Serbian Foreign Minister Vuk Jeremic said that the decision was “not easy at all, and far [...]
China To Set Tight Monetary Policy
December 5th, 2010
admin Linda Young – AHN News Writer Beijing, China (AHN) – China announced its intent to tighten its monetary policy in 2011 in a shift from relatively loose to a prudent stance, a sign that it might hike interest rates. In 2008, China responded to the global economic policy by loosening its then tight monetary policy. [...]
Commodities Prices Fall On Chinese Interest Rates Fears
November 13th, 2010
admin Linda Young – AHN News Writer New York, NY, United States (AHN) – Commodities prices for precious metals, oil and agricultural raw materials took the hardest fall in 18 months on news that China might take steps to avert inflation. Prices of commodities futures fell by up to 3.8 percent on news that China’s central [...]
Vietnam to help Japan on rare earths
October 31st, 2010
admin HANOI : Vietnam will help to supply Japan with rare earth minerals used in high-tech products, leaders of the two countries said, as Japan looks to diversify supply after a spat with key provider China. View full post on Business Stories
China Stocks On Six-Month High On Profits, Commodities
October 25th, 2010
admin Lawrence Mijares – AHN News Contributor Shanghai, China (AHN) – The Shanghai Composite Index advanced 76.38, or 2.6 percent, to 3,051.42 at the 3 p.m. close, the highest since April 16. The increase in profit is due to the continuous weakening of the U.S. dollar and rising commodity prices due to increased consumer demand where [...]
Analysis: G-20 words on currency must bring action
October 24th, 2010
admin Finance ministers of the Group of 20 nations this weekend did no more than paper over the radically different views on currencies of the two main protaganists – the U.S. and China. View full post on Business Stories

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