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China sets yuan rate at four-year low against dollar

The yuan was fixed at 6.4085 to the greenback, according to the China Foreign Exchange Trade System, just 0.07 per cent weaker from the previous day. But it was the lowest since August 2011, the Shanghai Securities News said on its website.

Investors to PBoC: Can we have some more?

"The PBoC has come across hesitant and reactive. Policy easing has followed rather than pre-empted the pullback in the economy as well as asset markets," said Vishnu Varathan, senior economist at Mizuho Bank.

India gains as stock investors flee China pain

India's Sensex, which fell as the Shanghai Composite index climbed between January and China's stock market rout in June, has reversed course and moved in the opposite direction to the Chinese benchmark since.

Jack Ma joins Alibaba's $4 bn shares buy-back

China's biggest e-commerce company, however, did not disclose, in its filing to the New York Stock Exchange, how much the two will invest in the buy-back as affiliated purchasers.

China retreats to financial shadows to boost eco growth

Down a shady lane buzzing with cicadas, a security guard stands inside the near-deserted park's administration building, its foyer featuring a reflecting pool and a two-storey-high stone relief of traditional Chinese figures in flowing robes.

China stocks look set for biggest monthly loss in six years

Stocks have plunged more than 30 percent since mid-June, threatening further risks to an economy that is expected to post its slowest growth in a quarter of a century this year.

China bans big shareholders from cutting stakes for 6 mnths

As the daily drumbeat of official announcements aimed at propping up the sinking equity market continued, state news agency Xinhua said police would investigate "malicious" short selling of stocks, and the banking regulator said it would allow lenders to roll over loans backed by stocks.

China stock market freezing up as sell-off gathers pace

Beijing, which has struggled for more than a week to bend the market to its will, unveiled yet another battery of measures to arrest the sell-off, and the People's Bank of China said it would step up support to brokerages enlisted to prop up shares.

Yuan vs rupee: Picking the long-term winner

After years of lagging behind its biggest Asian neighbor, India is on track to overtake China as the world's fastest growing major economy this year. India's gross domestic product (GDP) is expected to pick up to 7.5 percent in 2015, before rising to 7.9 percent in 2016 and 8 percent in 2017, according to the World Bank.

China's outbound investment jumps, catching up with FDI

In the first five months of the year, FDI grew 10.5 percent from a year earlier to 331.0 billion yuan, marking a slight slowdown from 11.1 percent growth in January-April, the Commerce Ministry said on Thursday.

Asian & euro shares slip as Greece fails to reach debt deal

A selloff in Chinese shares further darkened the mood, as investors reacted to recent news of a fresh tightening in margin financing as well as a tidal wave of initial public offerings.

China import tax cuts no remedy for retail slowdown

The tariff cuts, effective from June 1, are the latest in a string of measures to stimulate domestic consumption and bolster economic growth, which hit a 24-year low last year. Private consumption now accounts for over half of China's GDP growth, but lags far behind levels in markets like the United States.

China stocks volatile, end mixed after previous day's fall

After a rough start in which the Shanghai Composite Index briefly slid more than 4 percent, key indexes recovered to bounce in and out of positive territory, and they ended the day mixed.

China invites investors to build $318 bn worth of projects

The National Development and Reform Commission said the 1,043 projects, in sectors such as transport, water conservancy and public services, will be done as public-private partnerships (PPP).

China May flash HSBC factory PMI shrinks for 3rd month

The poor reading, which followed a raft of downbeat April data, reinforced analysts' views that the government has to take bolder steps to combat a protracted slowdown, as growth threatens to drop below 7 percent for the first time since the global financial crisis.

China to spend $182 bn to boost Internet by end of 2017

The State Council said the government will invest more than 430 billion yuan (USD 69.3 billion) this year on network construction, with at least another 700 billion yuan (USD 112.8 billion) spent over the following two years.

China aims to boost Internet speeds, cut prices

China will accelerate development of its high-speed broadband networks to raise Internet speeds and cut prices, long bugbears in a country where many people still have no access to the web.

China stocks retreat as crackdown fears trump cbank easing

A cut in banks' reserve requirements announced by the People's Bank of China on Sunday was the largest since the global financial crisis, but markets reacted half-heartedly as traders focused on moves by the securities regulator which they feared could pop a gravity-defying, six-month rally.

Four big challenges for Asia in 2014: HSBC

"Risks are finely balanced. For each positive, a significant challenge remains," said Frederic Neumann, HSBC`s co-head of Asian economics research, in a note. The lack of inflation is a key issue as it has been accompanied by a collapse in nominal gross domestic product growth, he said.

Mecklai graph: Appreciation of Chinese Yuan in 2013

Mecklai graph of the day: The Chinese Yuan appreciated to high of 6.1532 against the U.S dollar since the government incorporated the official and market exchange rate devaluing Yuan at the end of 1993.