Mon 27 Aug 2007
French president hits out at China’s management of its currency levels
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1. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
2. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
3. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
4. Big rise in mainland insurer’s interim profits (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.
5. China says design fault mainly to blame for US toy giant’s product recall (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.
6. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
7. Hang Seng closes 655 higher (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.
8. Big rise in mainland insurer’s interim profits (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.
9. China says design fault mainly to blame for US toy giant’s product recall (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.
10. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
11. HK stocks hit new high on record breaking day (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.
12. Hang Seng closes 655 higher (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.
13. Big rise in mainland insurer’s interim profits (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.
14. China says design fault mainly to blame for US toy giant’s product recall (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.
15. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
16. HK stocks hit new high on record breaking day (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.
17. Hang Seng closes 655 higher (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.
18. Big rise in mainland insurer’s interim profits (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.
19. China says design fault mainly to blame for US toy giant’s product recall (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.
20. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
21. Hang Seng makes gains (Mon 27 Aug 2007 15:36:03 0800)
A short time ago the Hang Seng index was 23368 - that’s 446 up on the previous close. In currencies the American dollar’s trading at 116.19 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 75 cents.
22. HK stocks hit new high on record breaking day (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.
23. Hang Seng closes 655 higher (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.
24. Big rise in mainland insurer’s interim profits (Mon 27 Aug 2007 17:49:06 0800)
The mainland’s biggest insurer China Life has reported that first-half profits more than doubled on soaring returns from stock market investments. Net income rose to 23.3 billion yuan from 8.97 billion a year earlier. China Life’s investment gains countered slowing premium growth as the mainland’s stock market lured people away from investment-linked insurance policies.
25. China says design fault mainly to blame for US toy giant’s product recall (Mon 27 Aug 2007 22:12:50 0800)
China has defended the quality of its exports and says a design fault was mostly to blame for U-S toy giant Mattel’s recent recall of millions of products.The Director of the General Administration of Quality Supervision Inspection and Quarantine Li Changjiang said 85-percent of the roughly 20-million toys that Mattel recalled had design faults.He said only 15-percent were deemed unsafe because Chinese manufacturers used dangerous levels of lead in the paint.
26. French president hits out at China’s management of its currency levels (Mon 27 Aug 2007 22:25:25 0800)
The French President Nicolas Sarkozy has criticised Beijing’s management of its currency. In his first major foreign policy speech he said the yuan was too low and gave China an unfair advantage in export markets. Mr Sarkozt also said China and other developing powers such as Mexico South Africa Brazil and India should eventually join the Group of Eight industrialised nations to become the G-13.
27. Hang Seng sharply higher (Mon 27 Aug 2007 12:56:52 0800)
The Hong Kong stock market has gained two percent following the recovery on Wall Street last week. The Hang Seng Index ended the morning session 450 points higher at 23372. The market was boosted by China Mobile after a surge in the price of its American depositary receipts on Friday. Property stocks also rose on hopes of an interest rate cut by the US Federal Reserve.
28. Hang Seng makes gains (Mon 27 Aug 2007 15:36:03 0800)
A short time ago the Hang Seng index was 23368 - that’s 446 up on the previous close. In currencies the American dollar’s trading at 116.19 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 75 cents.
29. HK stocks hit new high on record breaking day (Mon 27 Aug 2007 16:27:39 0800)
The Hang Seng Index has closed at a record high ending up 655 points - or nearly three percent - at 23577. Turnover was the strongest ever at $126-billion. And the H shares index reached a record close of 13989. It gained more than six percent as investors bet capital flows from the mainland would lift values. This follows Beijing’s announcement last week that mainland residents could invest directly in Hong Kong-traded stocks. The market in Shanghai also closed at a new high.
30. Hang Seng closes 655 higher (Mon 27 Aug 2007 16:29:26 0800)
The Hang Seng Index ended the day at 23577 - that’s 655 up on the previous close. In currenciesthe American dollar’s trading at 116.15 yen. The euro is standing at 1 American dollar 36 cents. And the pound is worth 15 Hong Kong dollars 73 cents.