Yuan

China money market shrugs off massive drain, benchmark rate slides

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SHANGHAI - China's key money rates fell on Tuesday morning as dealers in the interbank market ignored a massive 178 billion yuan ($28.62 billion) drain by the central bank during open market operations, the largest single-day drain since February.

Former China mining boss denies charge of leading gang

BEIJING - A former Chinese mining magnate with suspected links to the eldest son of retired security tsar Zhou Yongkang has denied leading a 36-member gang on a crime spree of murder and gun-running over the past two decades.

World, China 02 Apr 2014

Former China mining boss, linked to ex-security chief's son, on trial for murder

BEIJING - A former Chinese mining magnate with links to the eldest son of retired security tsar Zhou Yongkang went on trial on Monday over charges including murder after being accused of leading a 36-member gang on a crime spree spanning two decades.

31 Mar 2014

Exclusive: China seizes $14.5 billion assets from family, associates of ex-security chief: sources

BEIJING - Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades, two sources said.

World, China 30 Mar 2014

Families of some Chinese passengers on missing plane get insurance payouts

BEIJING - Chinese insurance companies have started to pay compensation to the families of passengers aboard a missing Malaysia Airlines plane presumed crashed in the southern Indian Ocean.

Families of some Chinese passengers on missing plane receive insurance payouts

BEIJING - Chinese insurance companies have started paying compensation to the families of passengers aboard a missing Malaysia Airlines plane presumed crashed in the southern Indian Ocean, state news agency Xinhua said on Thursday.

How rumor sparked panic and three-day bank run in Chinese city

YANCHENG, China - The rumor spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan ($32,200).

World, China 27 Mar 2014

How rumor sparked panic and three-day bank run in Chinese city

YANCHENG, China - The rumor spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan ($32,200).

26 Mar 2014

How rumor sparked panic and three-day bank run in Chinese city

YANCHENG, China - The rumor spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan ($32,200).

Asia's hottest property market is also its most unlikely: North Korea

SEOUL - One of the world's fastest developing property markets is also in one of its least likely places - North Korea.

25 Mar 2014

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document