Search Results for: Shanghai
FTSE 100 at lowest since 2013 as markets panic over China’s downfall on ‘Black Monday’
August 24th, 2015
The FTSE 100 fell below the 6,000 mark for the first time since 2013 as global stock markets have responded to the free fall of shares in Asia on what has been dubbed ‘Black Monday’. After the Shanghai Composite, ...
China’s Stocks Sink Most Since 2007 as State Intervention Fails
August 24th, 2015
China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite Index tumbled 8.5 percent to 3,209.91 at the close to ...
Global Selloff Deepens as Stocks Sink With Oil
August 24th, 2015
Equity investors took flight across Asia, sending the region’s benchmark stock gauge toward a bear market and Chinese stocks plunging by the most since 2007 as U.S. futures tumbled. Ten-year Treasury yields dropped below 2 percent. China’s Shanghai Composite ...
China chooses her weapons
August 22nd, 2015
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the ...
China Shares Hit New Low Since Depth of Selloff
August 21st, 2015
Early gauge of China’s factory activity falls to multiyear low China’s stock market set a new low since the depths of the summer selloff that wiped out roughly a third of its value, despite massive intervention from Beijing. The ...
Russia, China to Create Entirely Different Gold Market
August 20th, 2015
While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. ...
China stocks fall more than 1 percent in early trade
August 20th, 2015
China’s major stock indexes fell more than 1 percent in early trade on Thursday, shrugging off government intervention in the previous session. The CSI300 index was down 1.3 percent at 3,833.98 points by 0147 GMT, while the Shanghai Composite ...
Asian shares plunge to two-year lows as China stocks continue to fall
August 19th, 2015
Shanghai shares index drops 3.9%, denting hopes of Chinese stock markets stabilising following last week’s devaluation of yuan Asian shares on Wednesday struggled at two-year lows after Chinese stocks extended their fall, stoking fears about the stability of China’s ...
Asian Shares Flat; Yuan-Related Turmoil Fades
August 18th, 2015
China property data continues to be rare bright spot Asian markets were roughly flat Tuesday as turmoil from a weaker yuan dissipated and China’s property market showed signs of recovery. In China, housing continues to be a rare bright ...
Dollar Gains as Yuan Fallout Continues for Emerging Assets
August 17th, 2015
The dollar strengthened as China’s shift to a more market-oriented exchange rate continued to reverberate through emerging economies, driving stocks and the ringgit lower. Oil fell, leading a gauge of commodities to a 13-year low. The dollar was stronger ...
