Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 294 results for "yuan"

Gung Hay Fat Choy

BENJAMIN ONG  |  FRIDAY, 23 JAN 2009
... fast. Interest rates have come down and are coming down. Beijing has announced a fiscal stimulus package worth 4 trillion yuan (US$585 billion). But most of all, the national government made an offer they can't refuse (or its off with their heads) to ...

Sisyphian challenge

BENJAMIN ONG  |  TUESDAY, 11 NOV 2008
... financial system.' Signs that the boulder is getting heavier prompted the Chinese government to act and announced a 4 trillion yuan (US$586 billion) stimulus package to boost domestic demand. In a testament to the Chinese government's financial and economic ...

Hello kitty

SUZY MAC  |  THURSDAY, 4 OCT 2007
... overseas investment, was launched over the weekend. Following legislature approving the special issuance of 1.55 trillion yuan in treasury bonds, the solely state-owned CIC has a registered capital of US$200 billion (A$226 billion). Still in its embryonic ...

World's biggest fund eyes Aus resources

CHRIS NICHOLLS  |  FRIDAY, 31 AUG 2007
... according to AMP chief economist Shane Oliver. The company, created through a special one-off bond release of 600 billion Yuan ($97 billion dollars) will be the world's largest state-owned investment company, with AUS$1.6 trillion in foreign exchange ...

Check pay before shifting OS

ALEX DUNNIN  |  FRIDAY, 29 JUN 2007
... cities appears to be narrowing," said the report. Reflecting how the Australian dollar has appreciated against the Chinese yuan, Beijing has dropped down the list slightly to number 20 and Shanghai is in 26. Changes to the index each year are also a ...

Market wrap - morning

AAP  |  THURSDAY, 24 MAY 2007
... cent while mainland H shares rose as China Shenhua hit a record and mainland property stocks gained on the prospect of the yuan's faster appreciation. The benchmark Hang Seng Index closed down 44.95 points at 20,798.97. WELLINGTON - The benchmark NZX-50 ...

Economic round-up: Yearning for a yuan inspired Asian euro

SUZY MAC  |  TUESDAY, 22 MAY 2007
China's runaway economy may be reason enough to cut the value of the yuan without any pressure from US Treasury, but pressure is gently mounting for a single Asian currency. According to Bloomberg, the Chinese Government is considering a currency revaluation ...

Market wrap - midday

AAP  |  MONDAY, 21 MAY 2007
... currency's value. The Chinese central bank also decided on Friday to increase the daily trading range of the fixed exchange rate yuan from 0.3 per cent to 0.5 per cent. In the absence of any domestic and US economic data today, the market is likely to ...

Daily economic round-up

PETER BELL  |  TUESDAY, 20 MAR 2007
... highest level since the abolition of a fixed exchange rate in 2005. US authorities have been calling for an appreciation of the Yuan so as to stem the tide of cheap Chinese goods flooding the American market which now is the major source of the record ...

Daily economic round-up

PETER BELL  |  THURSDAY, 15 FEB 2007
... billion deficit that it has with China. US trade and Senate officials have been pressuring Chinese central bankers to allow the yuan to appreciate so that Chinese goods are more expensive and hence US consumers less likely to buy them. While this would ...