Search Results for: Central bank of China
China stocks rally as trading resumes
October 8th, 2015
Asian stocks traded mixed on Thursday despite a positive lead from Wall Street, with Chinese equities outperforming after mainland markets resumed trade following a week-long holiday. Major U.S. indexes closed higher overnight, helped by a recovery in health care ...
China’s Foreign Reserves Post Record Quarterly Drop on Yuan
October 7th, 2015
Stockpile shrinks $180 billion as PBOC props up currency Decline in September less than expected, boosting yuan China’s foreign-exchange reserves fell by a record in the third quarter as the central bank sold dollars to support the yuan after ...
Reserve Bank of Australia (RBA) Monetary Policy Decision
October 6th, 2015
Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in ...
From Volkswagen to China: What Might Derail Germany’s Growth
October 5th, 2015
German economy seen expanding 1.9% in 2015 and 2% in 2016 Focus on domestic demand amid vulnerable export outlook Europe’s economic powerhouse is facing a test of might. Germany’s trademark industrial prowess has been called into question by Volkswagen AG’s ...
Why China’s Stock Market May Be Setting Up For Another Big Move
September 30th, 2015
While China’s stock market crash was one of the main sources of global volatility in the summer, it has taken a back seat to other worries after a relatively calm September. Due to extensive measures to support the market, ...
Asian markets fall as new fears raised over China’s economy
September 29th, 2015
Tokyo and Shanghai main indexes fall after sharp losses the day before on Wall Street Concern over the health of the Chinese economy has again struck Asian markets, with shares in the region plummeting to their lowest level for ...
China Cannot Let This Happen
September 24th, 2015
After borrowing — and largely wasting — $15 trillion during the Great Recession, China now looks like a typical decadent developed-world country, complete with slow growth, anemic consumer spending and unstable financial markets. But it’s not France, Canada or ...
Asia’s key risks this week: China flash PMI, Japan inflation
September 21st, 2015
As financial markets in Asia recover from the Fed’s decision to keep rates unchanged, other risk events will likely serve up fresh volatility this week. China’s flash Caixin purchasing managers’ index (PMI) for September will be announced on Wednesday ...
Asian shares edge up, dollar soft as Fed stands pat and eyes China
September 18th, 2015
Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China. The dollar was on the ...
Asian stocks climb amid Fed rate wait, but China lags
September 17th, 2015
Asian stocks advanced on Thursday, as investors eyed gains in oil prices and the positive lead from Wall Street. However, trade volumes could stay light as investors await the Federal Reserve‘s policy decision. The Fed’s Federal Open Market Committee (FOMC) ...