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A123 Systems, SAIC to set up China car battery JV 20 Dec 2009 03:54 GMT
... it is forming a joint venture with China's top carmaker SAIC Motor Corp to sell ... "This is a major commitment to the Chinese market," said Jason Forcier, who leads A123's ... 6 percent at $19.40. The venture, called Shanghai Advanced Traction Battery Systems Co, would be ...
Andrew Milligan: Look for yields rather than capital gains in next 12 months 20 Dec 2009 00:19 GMT
... cycles. Although the UK and other mainstream stock markets are up about 20 per cent since the ... coming year, led by such countries as China, Australia and Korea, with other G7 economies lagging ...
Charles Robertson: Price is right for a return to stock market investment 20 Dec 2009 00:17 GMT
... to collapse and confidence increased, the UK equity market responded positively. Not surprisingly, it was the previously ... debt crisis, or a "bubble" developing in China that could derail the fragile recovery. However, spared any ...
Turbulent decade turns investments upside down 19 Dec 2009 23:34 GMT
... and busts for U.S. stocks, overlaid with China's rising strength and renewed respect for holding cash. ... it won't end soon enough. With the stock market on track to make its first 10-year price ...
Indexes Rise On Dubai Bailout, Exxon News and With No Major Data To Move Treasuries, Bond Market Looks Ahead To Fed Meeting 19 Dec 2009 20:51 GMT
... more than twice its average volume. The Chinese firm makes antennas, repeaters and other wireless equipment. ... Dubai avoid a debt default boosted the stock market, reducing a safety bid for bonds. Last ... column on Monday looked at Ctrip.com (CTRP), China's premier Web site for booking business and ...
Funtalk China Holdings Limited Announces Pricing of Public Offering of Ordinary Shares 19 Dec 2009 20:51 GMT
... Funtalk China Holdings Limited Announces Pricing of Public Offering of Ordinary ... The NASDAQ Global Market and the Toronto Stock Exchange. KANSAS CITY, Mo., Dec. 17 /PRNewswire/ -- ...
Financial Crisis 2008-2009, The Seeds of the Credit Crunch Part 2 19 Dec 2009 18:50 GMT
... of companies all around the world, the stock markets started plunging and dropped more than 50% within ... billion in August 2008. The countries like China and India who had set up large manufacturing facilities ...
Financial Crisis 2008-2009, The Seeds of the Credit Crunch 19 Dec 2009 18:50 GMT
... immediately and funded through borrowings. The rising stock markets and asset prices gave the consumers confidence ... it manufactured in some developing country like China and sell them to the US citizens who ... were flushed with funds. The increase in stock market and commodity markets fueled the rise of ...
Goodbye to Stock Market Santa Rally? 19 Dec 2009 18:50 GMT
... New jobless claims unexpectedly rise. - The number of ... are withdrawing money from risk assets. -- Chinese stocks fell for a fourth day, the ... will divert funds from existing equities. The Shanghai Composite Index fell 65.19, or 2.1 percent, ...
Some relief for victims of KaiEn English fiasco as ChinesePod CEO downplays Ken Carroll's role 19 Dec 2009 17:18 GMT
... day before KaiEn's unpaid staff were (KaiEn's Chinese partner), co-founder Ken Carroll's business partner and ... at the Kaien language schools here in Shanghai. It appears to be a very unfortunate ... that Ken Carroll and Steve Williams fled China because of the Kai En mess. Horkoff ...
Don't Worry about Inflation in China 19 Dec 2009 15:50 GMT
... Trends in China’s Consumer Price Index (CPI) have raised investors’ ... about inflation and its implications for the Chinese economy’s prospects in 2010. In the event of ... strongly while avoiding runaway inflation and a stock market crash. With his experience in international market ...
Pioneer Establishes Joint Venture with Shanghai Automotive Industry Corporation Group 19 Dec 2009 15:34 GMT
... Pioneer Establishes Joint Venture with Shanghai Automotive Industry Corporation Group Tokyo, Dec 8, ... of expanding the car navigation business in China. The joint venture has functions of planning, ... a overall car navigation business in the Chinese market. The joint venture will provide car ...
Zhibin Gu: China vs Taiwan vs global financial crisis: challenges vs opportunities 19 Dec 2009 12:32 GMT
... Zhibin Gu: China vs Taiwan vs global financial crisis: challenges ... than Hong Kong and Macau enjoy. For Beijing in particular and China as a whole, ... and flexible and are quick learners. Being Chinese, they can adapt to the mainland environment ...
Vietnam to focus on inflation as economy overheats, Nomura says 19 Dec 2009 11:54 GMT
... Credit growth in Vietnam this year has been faster than China’s, with some of the loans probably being used for “unproductive purposes,” such as asset investment, ...
The Canadian Press Budget for Friday, Dec 18 , 2009 19 Dec 2009 11:14 GMT
... MONTREAL _ After 10 years as a publicly ... Moved Datafile only. TORONTO _ The Toronto stock market ended Friday in negative territory as weakness ... it has signed a contract with a Chinese rail company to provide metro cars and training ...

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EIN News Columnists

After The 'Change' Election, Are We Seeing Too Much Of It Or Too Little? (Joe Rothstein's Commentary) [14 Dec 2009 - 13:27]
The G No P And The Death of Big Tent Conservatism (Joe Rothstein's Commentary) [09 Dec 2009 - 14:57]

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China Govt & Politics News

Chinese premier's attendance at Copenhagen summit sends hope, confidence to world [20 Dec 2009 - 04:10]
Did Obama give Wen Jiabao another wow bow? [19 Dec 2009 - 14:10]
Chinese Premier Wen returns to Beijing 2009-12-19 16:11 [19 Dec 2009 - 09:30]
Progress reported in climate talks after Obama meets with Chinese leader [19 Dec 2009 - 09:15]
Quotable quotes from Chinese Premier Wen at Copenhagen conference [19 Dec 2009 - 06:52]
Chinese premier stresses cooperation against climate change [19 Dec 2009 - 06:52]

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China Business News

Chinese factory workers are Santa's real little helpers - Feature [20 Dec 2009 - 04:28]
China's famed Shaolin monks planning travel venture, share listing [20 Dec 2009 - 03:49]
UPDATE 1-Hyundai to set up commercial vehicle JV in China [20 Dec 2009 - 03:28]
East-west China highway completed [20 Dec 2009 - 03:28]
British media: Chinese consortium ready to make 1 billion pound bid for Manches'¦ [20 Dec 2009 - 03:28]
China's efforts to create more jobs pay off: minister [20 Dec 2009 - 03:28]

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Quote of the Day

"We don't want to be treated as a superpower or global leader, but on specific issues, such as international financial reform, China will choose to be more active next year and beyond."
— Chu Shulong, an international relations professor at Tsinghua University in Beijing

> China Economy News

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Hong Kong News

Young Aust musician dies in Hong Kong [20 Dec 2009 - 03:27]
Young Aust musician dies in Hong Kong [20 Dec 2009 - 02:29]
Mainland Chinese mothers deluge maternity wards of Hong Kong hospitals [20 Dec 2009 - 02:28]
Mainland mothers flood Hong Kong hospitals [20 Dec 2009 - 02:28]
Shanghai wants to escape Hong Kong's financial shadow [20 Dec 2009 - 01:50]
Hong Kong activists denied entry to Macau [20 Dec 2009 - 01:49]

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Taiwan News

Strong earthquake hits Taiwan [20 Dec 2009 - 04:28]
CD Reviews: Taiwan [20 Dec 2009 - 03:28]
Strong quake hits Taiwan, minor damage reported [20 Dec 2009 - 03:10]
Strong quake hits Taiwan [20 Dec 2009 - 02:29]
Strong quake hits Taiwan, minor damage reported [20 Dec 2009 - 02:29]
Taiwan hit by quake [20 Dec 2009 - 02:28]

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Tibet News

Tibet exhibition said Chinese propaganda [20 Dec 2009 - 00:30]
Gulbarga - Dalai Lama lauds India's religious tolerance [19 Dec 2009 - 22:11]
Stunning book speaks volumes about the ravages visited on Tibet [19 Dec 2009 - 20:49]
Dalai Lama praises India [19 Dec 2009 - 15:27]
Charter 08 Signers urged to join Liu Xiaobo's Trial [19 Dec 2009 - 14:09]
Cambodia to Deport Uighurs Despite Persecution Fears [19 Dec 2009 - 14:09]

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Macao News

Macau celebrates 10th anniversary of return to Chinese rule [20 Dec 2009 - 04:28]
Macau celebrates 10th anniversary of return to Chinese rule [20 Dec 2009 - 04:10]
President Hu urges Macao principal officials to continue efforts in fully implementing "one country, two systems" [20 Dec 2009 - 03:49]
President Hu inaugurates Macao Science Center [20 Dec 2009 - 03:49]
Central government to confer a pair of giant pandas to Macao: President Hu [20 Dec 2009 - 03:49]
President Hu visits Macao incineration plant, expecting it to make Macao more eco-friendly [20 Dec 2009 - 03:49]

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8281
EUR 1 = CNY 9.7901

Hong Kong Dollar:
USD 1 = HKD 7.7580
EUR 1 = HKD 11.1235

Macau Pataca:
USD 1 = MOP 7.9901
EUR 1 = MOP 11.4562

Taiwan Dollar:
USD 1 = TWD 32.3710
EUR 1 = TWD 46.4139

USD 1 = EUR 0.6974
EUR 1 = USD 1.4338

Closing Stocks:
Shanghai A: 3,266.19(-2.05%)
Shenzhen A: 1,184.28(-3.50%)
Hang Seng: 21,175.88(-0.80%)
Taiwan Taiex: 7,753.63(0.15%)

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This Day in History

Dec. 20

Kim Jae-kyu, head of the Korean Central Intelligence Agency, was sentenced to death for the assassination of President Park Chung-Hee in Seoul.
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Reader's Picks

17 December 2009

S Korea urges bigger China role in N Korea`s denuclearization

16 December 2009

China to float 7-year T-bonds at yield of 3.22% 2009-12-16 22:00

14 December 2009

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