Shanghai Daily: Business
Shanghai Daily Business



Index dips but gains 9.9% in July (Jul 30)
SHANGHAI'S market closed lower on the last trading of the week as bank shares dropped amid liquidity concerns ahead of China Everbright Bank's initial public offering next month. The benchmark Shanghai Composite...


CRV unveils Ole store in Xujiahui (Jul 30)
RETAIL giant China Resources Vanguard today opened its first high-end supermarket Ole in Shanghai, marking its entry into one of the most vigorous markets in China. CRV, the retail chain brand of state-owned China...


China's business stable in July: survey (Jul 30)
BUSINESS conditions for companies in China were basically stable in July, according to a survey released today. Overall operating conditions for Chinese companies were rated 64.94 this month following June's 63.51...


Steel makers and banks drop in Shanghai (Jul 30)
SHANGHAI'S stock market lost more than 1 percent in the morning session after steel producers and financial shares retreated on the concern previous rebounds were ahead of economic fundamentals and earnings. The...


Oil prices rise on better corporate earnings (Jul 30)
OIL prices rose yesterday as better-than-expected earnings from Exxon Mobil Corp., Southwest Airlines Co. and others bolstered hope for an improving economy. Benchmark crude for September delivery rose US$1.37...


Stocks fall amid uncertainty over the economy (Jul 30)
STOCKS ended an erratic day with a modest loss yesterday as investors tried to reconcile another batch of conflicting economic signals. The Dow Jones industrial average closed down 30 points after falling as much...


Chalco to mine iron ore (Jul 30)
IN a move away from the commodity that gave the company its name, Aluminum Corp of China has agreed to pay Rio Tinto Ltd US$1.35 billion for a stake in an iron ore mine in the West African country of Guinea. Under...


Sun shines on power plant (Jul 30)



Kindle Wi-Fi launches (Jul 30)



Chip maker posts record profit (Jul 30)