August 2009

China shares stabilize on PMI data, Aussie firm

By admin on August 31, 2009

HONG KONG (Reuters) - Chinese shares stabilized on Tuesday after Monday’s rout, helped by upbeat economic data, while the Aussie dollar firmed on expectations the central bank could shift to a tightening bias later in the day.

China fine-tunes Taiwan protest in Dalai Lama row

By admin on August 31, 2009

KAOHSIUNG, Taiwan (Reuters) - China has carefully targeted its protest against Taiwan for hosting the Dalai Lama, the Tibetan spiritual leader Beijing brands a separatist, apparently to make its point without damaging ties.

Myanmar Refugees Leave China as Battles End

By admin on August 31, 2009

Thousands of Myanmar refugees headed home from China on Monday as fighting between government troops and a rebel militia that left more than 30 people dead appeared to be over.

Stock futures dip as China equities, commodities fall

By admin on August 31, 2009

NEW YORK (Reuters) - Stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

Oil drops to $71 as Chinese stocks fall

By admin on August 31, 2009

LONDON (Reuters) - Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China’s key stock index stoked worries about the pace of economic recovery and a revival in energy demand.

China’s BYD says Buffett wants to raise stake

By admin on August 31, 2009

HONG KONG (Reuters) - U.S. billionaire Warren Buffett intends to raise his stake in Chinese electric car and battery maker BYD Co Ltd , BYD’s chairman said on Monday, sending shares in his company up 8 percent.

China stocks tumble; yen jumps after Japan vote

By admin on August 31, 2009

HONG KONG (Reuters) - Chinese stocks tumbled 5 percent to a three-month low on Monday, weighing on Asian stocks and sapping investor willingness to put money at risk, while the yen rose sharply after Japanese voters swept the opposition into power.

Dalai Lama tells Taiwan he’s dedicated to democracy

By admin on August 31, 2009

KAOHSIUNG, Taiwan (Reuters) - The Dalai Lama, on a controversial humanitarian visit to flood-ravaged Taiwan denounced by China, steered clear of talking about Tibet on Monday but said he was dedicated to the promotion of democracy.

Myanmar refugees weigh risks of returning from China

By admin on August 30, 2009

NANSAN, China (Reuters) - Refugees who fled to China from armed clashes in northeast Myanmar are weighing a return to farms, homes and shops against fear of the Myanmar army, while both governments sought to play up a return to normality.

China again decries Dalai Lama visit to Taiwan

By admin on August 30, 2009

KAOHSIUNG, Taiwan (Reuters) - China denounced the Dalai Lama’s trip to Taiwan, saying the visit by a man Beijing brands a separatist could have a “negative influence” on relations, Chinese state media said on Monday.

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