On March 1st, MSCI, an international index compilation company, announced that it would seek advice on how to treat Russian stock market in MSCI index in view of relevant developments. MSCI said that the MSCI Russia index may be separated from the emerging market index and reclassified as an independent market.Geographically, on February 28th, local time, Russian and Ukrainian delegations held the first round of negotiations in Belarus. After the negotiations, both sides indicated that they would return to China for consultations to prepare for the next round of negotiations.Analysts believe t...
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Driven by the rising conflict between Russia and Ukraine and the exclusion of Russia from SWIFT in Europe and America, the global financial market has experienced violent fluctuations, and the capital risk appetite has been significantly impacted. In particular, the Russian ruble exchange rate dropped by nearly 30% in one day, which triggered financial institutions to strengthen trading risk control-foreign exchange trading institutions have reminded customers to pay close attention to market trends, and even some foreign exchange institutions have suspended the opening of ruble positions.On M...
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BEIJING, Feb. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 124 pips to 6.3222 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
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Wang Menghui, Minister of Housing and Urban-Rural Development, said at the news conference today that 'new urban construction' should be vigorously promoted, that is, the new urban infrastructure construction based on digitalization, networking and intelligence. Accelerate the construction of the national, provincial and municipal urban information model basic platform system, comprehensively promote intelligent municipal administration, smart community and intelligent construction, coordinate the development of smart cities and intelligent networked cars, and accelerate the landing of...
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BEIJING, Feb. 26 (Xinhua) -- China's fixed-asset investment in the transport sector totaled 143.57 billion yuan (about 22.67 billion U.S. dollars) in January, official data showed.The figure was up 0.1 percent year on year, according to data from the Ministry of Transport.In breakdown, highway investment reached 134.29 billion yuan last month, increasing 0.9 percent from a year earlier.Investment in inland waterways shrank by 5.1 percent to 4.46 billion yuan, while coastal waterway investment stood at 4.45 billion yuan, down 14 percent year on year, the data showed.
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