"China" - CNBC

search results for

refine results

sort by

Date
Relevance

result type

Articles
Video

Wires
Press Releases

Mongolia's tiny stock market soars on coal trade renaissance

ULAANBAATAR, Sept 21- A boom in the coal trade in Mongolia has helped elevate the country's benchmark stock index and pump the tiny exchange's market capitalisation to five-year highs as optimism about the economy grows following a bailout deal. Mongolia has helped fill a supply gap following Beijing's ban on imports from North Korea and some smaller ports, as...

Source: Reuters

ANALYSIS-Road to electric car paradise paved with handouts

JUDABERG, Norway, Sept 21- The Norwegian island of Finnoey has the highest density of electric cars in the world. Twenty-nine percent of all new car registrations in Norway were fully electric or plug-in hybrids last year, according to the International Energy Agency, far ahead of the Netherlands in second on 6.4 percent and Sweden in third on 3.4.

Source: Reuters

BioCryst’s RAPIVAB® (peramivir injection) Receives FDA Approval for a Pediatric Indication

RESEARCH TRIANGLE PARK, N.C., Sept. 21, 2017-- BioCryst Pharmaceuticals, Inc. a biotechnology company focused on the development and commercialization of treatments for rare and infectious diseases, announced today that the U.S. Food and Drug Administration has approved a supplemental New Drug Application for RAPIVAB, an intravenous neuraminidase...

Source: Globe Newswire

INSTANT VIEW 1-S&P downgrades China's rating, citing increasing economic, financial risks

BEIJING, Sept 21- S&P Global Ratings cut China's long-term sovereign credit ratings by one notch to' A+' from' AA-' on Thursday, saying its prolonged period of strong credit growth has increased its economic and financial risks. The outlook on China's long-term rating is stable, S&P said. http://bit.ly/2fdva4Y. *S&P says China's prolonged period of strong credit...

Source: Reuters

S&P cuts China's credit rating, citing increasing economic, financial risks

S&P Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing increasing risks from the country's rapid build-up of credit.

Source: Reuters

UPDATE 1-S&P cuts China's credit rating, citing increasing economic, financial risks

Sept 21- S&P Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing increasing risks from the country's rapid build-up of credit. "The downgrade reflects our assessment that a prolonged period of strong credit growth has increased China's economic and financial risks," S&P said in a statement, adding...

Source: Reuters

Futures point to lower open on Wall Street after Fed sticks with tightening plan

U.S. stock index futures pointed to a slightly lower open on Thursday, after the Fed opted to start shrinking its balance sheet and signalled one more interest rate hike this year.

Source: CNBC.com

Volvo rolls out compact SUV in latest upmarket shift under Geely

MILAN, Sept 21- Volvo Cars showed off its first compact SUV on Thursday with the launch of its new XC40 model, the latest in a sweeping overhaul of the carmaker's line-up under Chinese ownership. Since it was bought from Ford by Zhejiang Geely Holding Group in 2010, Volvo has taken on larger rivals such as BMW and Daimler's Mercedes-Benz with new, more upmarket...

Source: Reuters

Standard & Poor's cuts China credit rating, citing debt

BEIJING— The Standard& Poor's rating agency cut China's credit rating Thursday due to its rising debts, highlighting challenges faced by Communist leaders as they cope with slowing economic growth. Moody's Investors Service cut its own rating for China in May. After the Moody's downgrade in May, the ministry said the agency had used improper methods and...

Source: The Associated Press

EMERGING MARKETS-Fed takes the steam out of emerging markets

India's rupee skidded to a two-month low while China's yuan eased 0.2 percent. Turkey and South Africa- two countries vulnerable to Fed moves due to their current account deficits- saw their currencies slip 0.3 percent to the weakest in around five weeks. And there could be more weakness ahead for currencies across central and eastern Europe, the Middle East and...

Source: Reuters