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  • G-20 Splits on Tobin Tax, Signals Banks Should Cover Bailouts 9 Nov 2009 02:15 GMT
    ... split this weekend, along with tensions over Chinese currency policy, nevertheless suggests the G-20’s ability to ... China is under pressure to allow the yuan to appreciate. Later that day, Japan said ...

  • Check In, Check Out: Hotel Review: Commune by the Great Wall, Near Beijing 9 Nov 2009 05:15 GMT
    ... Gilles Sabrie for The New York Times A bedroom in ... but guests have to pay a 5 renminbi rental fee (about 72 cents at 6.98 ...

  • Asian nations bear brunt of dollar slump 9 Nov 2009 02:33 GMT
    ... The greenback's slide against Asian currencies is dealing a ... has not weakened significantly against the Chinese yuan, whose value is tightly managed by Beijing ... stable to maintain competitiveness," he added. The currency issue risks stoking trade tensions when leaders ...

  • HK Hot Stocks-Finances up; Lijun jumps on new drug 9 Nov 2009 03:53 GMT
    ... HONG KONG, Nov 9 (Reuters) - By 0257 GMT, ... are expected to lend 8 trillion-9 trillion yuan ($1.2 billion-$1.3 billion) in 2010, down from ... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... LME ...

  • Hong Kong stocks seen up on overseas gains, inflows 9 Nov 2009 02:14 GMT
    ... > Wall St rises 3 pct for week on Friday's ... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... LME ... Hong Kong Dollar LME price overview ($1=6.826 Yuan) ($1=7.749 Hong Kong Dollar) ($1=6.826 Yuan) ($1=6.826 ...

  • China's bank credit to rise about 20 pct next year: bank report 9 Nov 2009 02:00 GMT
    ... China's bank credit to rise about 20 pct next year: ... leading Chinese bank predicted Sunday. The new Renminbi credit balance issued by the commercial lenders ... expected to reach 8 to 9 trillion yuan next year, according to the China Banking ...

  • Minsheng plans $4.7bn IPO 9 Nov 2009 02:31 GMT
    ... Published: November 8 2009 22:43 | Last updated: November ... cannot freely convert their funds out of renminbi. Minsheng’s plans to expand beyond China’s borders ...

  • The Washington Follies - - stocks soar, unemployment passes 10% and the dollar slumps 9 Nov 2009 05:15 GMT
    ... Private businesses, recognizing policies bent on economic stagnation, continue ... of Tibet. Add talk of a global currency from disgusted foreign central bankers, and worries ... dollars and China continues to fix the yuan against the dollar at an arbitrarily low ...

  • 'Changes Needed' in Yuan Policy, Sri Mulyani Says 8 Nov 2009 14:53 GMT
    ... ‘Changes Needed’ in Yuan Policy, Sri Mulyani Says Rapid currency appreciation ... countries it is also related to the renminbi, China’s currency.” She said China had played ...

  • U.S.'s Geithner - need stimulus, not transactions tax 8 Nov 2009 05:12 GMT
    ... members that China's policy of managing its yuan currency's value narrowly was hurting efforts to rebalance ... global growth. He conceded a more flexible Chinese currency would be "helpful" but continued the Obama ...

  • Geithner stresses need for stimulus, opposes transactions tax 8 Nov 2009 05:36 GMT
    ... members that China's policy of managing its yuan currency's value narrowly was hurting efforts to rebalance ... global growth. He conceded a more flexible Chinese currency would be "helpful" but continued the Obama ...

  • Stimulus, not transactions tax needed: Geithner 8 Nov 2009 05:51 GMT
    ... members that China's policy of managing its yuan currency's value narrowly was hurting efforts to rebalance ... global growth. He conceded a more flexible Chinese currency would be "helpful" but continued the Obama ...

  • ' Need stimulus' 8 Nov 2009 06:11 GMT
    ... members that China's policy of managing its yuan currency's value narrowly was hurting efforts to rebalance ... global growth. He conceded a more flexible Chinese currency would be "helpful" but continued the Obama ...

  • Geithner: need stimulus, not financial transactions tax 8 Nov 2009 08:41 GMT
    ... members that China's policy of managing its yuan currency's value narrowly was hurting efforts to rebalance ... global growth. He conceded a more flexible Chinese currency would be "helpful" but continued the Obama ...

  • need stimulus, not transactions tax 8 Nov 2009 09:23 GMT
    ... members that China's policy of managing its yuan currency's value narrowly was hurting efforts to rebalance ... global growth. He conceded a more flexible Chinese currency would be "helpful" but continued the Obama ...


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Quote of the Day

"We need to sign more FTAs with our major trading partners and mainland China is absolutely the No. 1 choice."
— Taiwanese President Ma Ying-jeou

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8274
EUR 1 = CNY 10.1369

Hong Kong Dollar:
USD 1 = HKD 7.7502
EUR 1 = HKD 11.5071

Macau Pataca:
USD 1 = MOP 7.9786
EUR 1 = MOP 11.8462

Taiwan Dollar:
USD 1 = TWD 32.4990
EUR 1 = TWD 48.2529

USD 1 = EUR 0.6735
EUR 1 = USD 1.4848

Closing Stocks:
Shanghai A: 3,320.34(0.28%)
Shenzhen A: 1,180.71(0.59%)
Hang Seng: 21,829.72(1.63%)
Taiwan Taiex: 7,463.05(0.61%)

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Nov. 9

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