Search Results for: Shanghai
Saudi Arabia: Could This Spark a Stock Market Crash in 2016?
January 4th, 2016
Saudi Arabia’s Budget Woes Could Trigger Economic Collapse in 2016 The collapse of oil prices to below $37.00 per barrel, compared to $56.00 last January, has sunk Saudi Arabia’s accounts and hurt its budget expectations. According to the 2015 ...
China Halts Stock Trading After 7% Rout Triggers Circuit Breaker
January 4th, 2016
Weak manufacturing data, end to share-sale ban sparked rout Stocks in Hong Kong extend retreat after mainland halt The worst-ever start to a year for Chinese shares triggered a trading halt in more than $7 trillion of equities, futures ...
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
China cracks whip on foreign banks with forex shut-out
January 4th, 2016
* Beijing targets “aggressive” trading to stem capital flows * Also wants to narrow onshore-offshore yuan gap * China-based banker says “easy-money” arbitrage days now gone Chinese authorities are starting to police the nation’s foreign exchange market in a ...
Asia trades mixed, ASX sheds 2% for the year
December 31st, 2015
Asian markets were treading water on the final trading day of 2015, with investors eyeing oil prices for further clues after a turbulent year for stocks. The Australian market, which closed early, shed over 2 percent for the year ...
China and Clinton Agree: Traders Should Pay for Canceled Orders
December 30th, 2015
CSRC rule proposals seen taking effect in as early as 2016 Proposal to levy fees on high cancel rates echoes Clinton plan Chinese securities regulators are preparing some of the world’s strictest regulations on a trading practice at the ...
The 25 financial events that shaped the year 2015
December 30th, 2015
As we are close to move from year 2015 to year 2016, OneStopBrokers has collected and presents the major Financial events happened in 2015. 2015 was a year that the Eurozone was almost collapsed. We all witnessed a possible ...
China suspends forex business for some foreign banks: sources
December 30th, 2015
China’s central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday. Included among the suspended services are ...
Asian Shares Mostly Higher
December 30th, 2015
Energy shares rise after overnight recovery in oil prices, but Brent slips in early Asia trading Markets in Asia rose Wednesday as a recent recovery in oil prices in the U.S. lifted energy shares slightly. Australia’s S&P/ASX 200 was ...
Major Asian markets close higher after Nikkei, Kospi erase early losses
December 29th, 2015
Asian equities closed higher on the second day of 2015’s final week, after the Japanese and South Korean markets erased morning losses and the Australian market totted up a more than 1 percent gain. That’s a turnaround from earlier ...
