DirectoryMix Web Resources » Article Details

China Stocks Rise to 5-Week High as ICBC, Banks Boost Profits - Read More

Date Added: April 30, 2008 08:41:03 AM
April 30 (Bloomberg) -- China's stocks rose to the highest in more than five weeks, led by banks, as higher earnings helped counter concern that government measures to quell inflation will hurt profits.

Category: Business & Economy » Finance and Investment » Stocks and Shares


No comments are posted yet


 
Name:*
Email:*
Website:  (optional)
Comment:*
(html and bb codes are filtered and not allowed)

Do the math:*CAPTCHA - Do The Math
 

Related Articles

MARKET SNAPSHOT: U.S. Stocks Close Lower As Bank Worries Take Hold

U.S. stocks declined and the financial sector was pummeled again Monday as uncertainty reigned in the wake of the failure of IndyMac Bancorp and the government rescue of mortgage-finance giants Fannie Mae and Freddie Mac.

Fannie, Freddie shares dive on bailout fears

Investors dumped shares of Fannie Mae and Freddie Mac , driving them to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out the stock value of the two U.S. housing finance giants.

China stocks rally after stamp tax cut

China's stock market jumped eight percent on Thursday after an overnight cut in the stamp tax on stock trading.

Aussie stocks slip on weak banks; resources up

SYDNEY, May 1 (Reuters) - Australian shares fell 0.2 percent on Thursday as most banks fell on nagging worries about the outlook for profits, though the market finished off lows as resource firms recovered after oil and gold prices bounced back.

Finance sector jitters pull down Wall Street

NEW YORK: US stocks skidded for a second straight day on Wednesday as troubles for a big regional banking group and a jump in crude oil reinforced the negative mood on Wall Street.