Search Results for: Shanghai
Asian stocks at 2-week lows, bond woes spread, dollar slips
May 6th, 2015
Selloff in government bonds from Germany to Australia China stocks bounce after moderately encouraging PMI data Commodities rally in what might be a return to reflation Dollar softer on trade blow out, Fed’s Yellen speech awaited (.) A selloff in global ...
China Stocks Drop While Aussie Gains After RBA; Commodities Fall
May 5th, 2015
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further interest-rate cuts. The Shanghai Composite Index retreated 2.3 percent by ...
Russia is creating a $100 billion rival to the IMF
May 4th, 2015
Russian President Vladimir Putin ratified an accord Saturday to set up a $100-billion reserve fund for the so-called BRICS — the five leading emerging economies that include Russia, China, Brazil, India and South Africa. Moscow is expected to contribute ...
Asian shares rise as weak China data spurs stimulus bets
May 4th, 2015
Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world’s second-largest economy. Spreadbetters expected the equity ...
SEC wins asset freeze against Chinese accused of insider trading
April 30th, 2015
The U.S. Securities Exchange Commission won on Wednesday a court order to freeze the assets of two Chinese nationals accused of insider trading for their “remarkably timed” purchases of call options in Chinese classified advertising website 58.com Inc. The ...
China Rate Swap Has Biggest Monthly Drop Since ’08 as PBOC Eases
April 30th, 2015
China’s interest-rate swaps were headed for the biggest monthly drop since 2008 as the central bank steps up monetary easing in support of the economy. The People’s Bank of China lowered lenders’ reserve requirements in April by the most ...
Fidessa named Trading Platform of the Year at Asian Banker awards
April 20th, 2015
Fidessa group plc (LSE: FDSA) has won Trading Platform of the Year at The Asian Banker Financial Markets Awards 2015. Judged by an international team of experts, backed by a comprehensive 3-month research programme, these awards recognise leadership in ...
China, Japan stocks up as Beijing steps up stimulus
April 20th, 2015
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount ...
Bank of China, BOC International Holdings and SGX expand collaboration on Renminbi and market developments
April 17th, 2015
Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI) are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework ...
China Stocks Head for Sixth Week of Gains on Policy Easing Bets
April 17th, 2015
Chinese stocks rose, with the Shanghai Composite Index heading for a sixth straight week of gains, on speculation the government will add stimulus as the economy decelerates. Train makers CSR Corp. and China CNR Corp. jumped by the 10 ...
