Search Results for: Shanghai banks
China’s stock market crashes again as panicking sellers lose faith
July 27th, 2015
Beijing is struggling to rein in the self-preservation instincts of small investors. All that’s left to happen in China’s stock market is for government leaders to admit they are powerless to stop a selloff. Monday’s panic selling was the ...
Australian dollar hits fresh six-year low as Chinese factories continue to falter
July 24th, 2015
Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh six-year low and stocks across Asia dropped sharply after more ...
China’s unravelling: Will it devalue the yuan next?
July 17th, 2015
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this year more than 30 central banks from all over the ...
China Growth Beats Economists’ Forecast as Stimulus Kicks In
July 15th, 2015
China’s economic growth proved resilient in the second quarter as policy makers stepped up support and a stock market boom — since soured — spurred services. Gross domestic product rose 7 percent in the three months through June from ...
A guide to China’s stunning stock market crash
July 13th, 2015
In China, local stock markets, which rose to dizzying heights over the past year, plummeted back to Earth last week. They then rebounded sharply on Thursday and Friday, as the Chinese government worked to restore faith in the markets. ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
Greece inches closer to deal with creditors, but investors are wary of sustained China recovery China shares rose Friday, and other Asian markets made tentative gains, as investors assess whether a recovery in Chinese stocks proves sustainable. The Shanghai ...
YES BANK Allies with Taisys, Leading Digital Empowerment of Mobile Banking for India
July 9th, 2015
As India Prime Minister Narendra Modi’s announced ‘Digital India Program’ aimed to transformIndia into a digitally empowered society, Taisys Technologies declared its strategic partnership with YES BANK, India’s 5th largest private sector bank and collaboration with NPCI to enter into the Indian market. Taisys India ...
China stocks rise after Beijing slaps curbs on selling
July 9th, 2015
Chinese stocks rallied on Thursday after the securities regulator banned shareholders with large stakes in listed firms from selling, in Beijing’s most drastic step yet to stem a sell-off that has roiled global financial markets. As the daily drumbeat ...
European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?
July 8th, 2015
A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. In so many ways, it seems like we ...
Stocks, euro staggered by Greece; China rescue in doubt
July 6th, 2015
Asian stocks hit a six-month trough and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. A ...
