Search Results for: Shanghai
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 ...
HSBC Thinks China Stocks Rout Is Nearly Over
September 24th, 2015
Margin loans are at 10-month low relative to market value Record selloff by leveraged traders fueled stock declines Further losses by Chinese stocks are limited after leveraged traders cut $218 billion of positions, according to HSBC Holdings Plc. The ...
Asian shares mixed, with Nikkei at 2-week lows
September 24th, 2015
Asian shares traded mixed on Thursday, with Japan’s Nikkei 225 index lagging behind its regional peers after returning from a three-day national holiday earlier in the week. The triple whammy of an uninspiring lead from Wall Street overnight, a modestly stronger yen and ...
Aberdeen granted WFOE licence, signals long-term ambition in China
September 23rd, 2015
China has granted Aberdeen Asset Management (‘Aberdeen’), the UK-based asset manager, a Wholly Foreign-Owned Enterprise (WFOE) business licence. The announcement comes as UK Chancellor of the Exchequer, George Osborne, leads a trade delegation to China. The licence, issued to ...
Asian shares follow Wall Street gains
September 22nd, 2015
Asian markets headed higher on Tuesday, recovering from the previous session’s losses after commodities and shares on Wall Street rebounded. US shares bounced back from big losses last week, when the Federal Reserve kept interest rates unchanged over worries ...
Asia Currencies Slide After Fed Officials Signal Rate Increase Possible in 2015
September 22nd, 2015
Most Asian currencies weakened on Tuesday after comments by U.S. Federal Reserve speakers suggested the central bank could raise interest rates as early as next month, while shares made modest gains ahead of a reading on Chinese manufacturing. The ...
Algorithmic markets would save us from another financial crisis
September 21st, 2015
As the world recovers from yet another international stock-market roller-coaster — an outright crash probably only prevented by safety algorithms installed after the Singapore flash crash of 2013 — it might be helpful for us to remember a couple ...
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
Beijing investigates senior figure at China’s state securities regulator in latest step to crackdown on market irregularities
September 17th, 2015
The assistant chairman of China Securities Regulatory Commission Zhang Yujun is being investigated for ‘disciplinary violations’ The mainland’s anti-graft watchdog is investigating a senior figure at the state securities regulator, as Beijing takes its latest step in cracking down ...
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) ...
