Search Results for: Chinese shares
Asian stocks advance on China rate cut, U.S. tech earnings
October 26th, 2015
Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s ...
Equity rally stalls as German data casts cloud over global growth
October 8th, 2015
Global stocks traded just off three-week highs on Thursday after unexpectedly weak trade and machinery orders data from Germany and Japan hinted at a stalling in the momentum of some of the world’s biggest economies. An oil price bounce, ...
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 ...
Global Markets: Stocks end solid week on cautious note
September 11th, 2015
Stocks stay on track for best week in eight Fed rate decision next week hangs in the balance “Quite a fragile time” – equity fund manager Global stocks around the world slipped into the red on Friday but remained ...
Deutsche Boerse’s Asia plans hit by turbulence, tech woes
September 11th, 2015
Financial market turbulence in China and software problems have prompted Deutsche Boerse to delay its planned Asian derivatives exchange and clearing house by about 18 months, three people familiar with the plans said on Wednesday. The German exchange operator ...
China Stocks Drop Despite Inflation Data
September 10th, 2015
Large swings in Asian markets persist over worries about U.S. rate increase, China’s economy China-style volatility spread to Japan stocks Thursday as the Nikkei Stock Average reversed its previous-day surge, leading the region lower. China stocks fell even as ...
Asian markets down as yuan depreciates a further 1.6%
August 12th, 2015
Chinese shares were lower on Wednesday as its central bank again devalued the yuan, following Tuesday’s record cut. The People’s Bank of China fixed the daily guiding rate for the currency down 1.6% to 6.3306 against the dollar. The ...
China: Major Devaluation Coming
July 28th, 2015
The whole “market economy” thing is turning out to be a little trickier than China’s dictators expected. To set up the story: After the 2008 crash the country borrowed about $15 trillion (an amount that dwarfs the US Fed’s ...
Asian stocks hit three-week lows as China gloom spreads
July 28th, 2015
Asian stocks fell to three-week lows on Tuesday as a deepening rout in Chinese stocks erased risk appetite – sending investors flocking to safe-haven instruments such as government bonds and the Japanese yen. MSCI’s broadest index of Asia-Pacific shares ...
Central bank promises more liquidity aids to CSF
July 9th, 2015
China’s central bank said Thursday it will continue to support liquidity need of China Securities Finance Corporation Limited (CSF), the national margin trading service provider, to stabilize a tumbling stock market. The People’s Bank of China (PBOC) said it ...