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China Shares Rise but Uncertainty Hovers

July 10th, 2015 (0)
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 ...

Asian stocks fall in volatile trade as China index seesaws

July 9th, 2015 (0)
Asian stocks markets were volatile on Thursday as China’s main index seesawed after a prolonged sell-off while Hong Kong’s benchmark rebounded strongly. KEEPING SCORE: The Shanghai Composite Index in mainland China fell more than 3 percent in the first ...

Statement by Glenn Stevens, Governor: Monetary Policy Decision

July 7th, 2015 (0)
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. This ...

Asia shares win reprieve but Greece, China concerns limit gains

July 7th, 2015 (0)
Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece‘s position in the euro and volatility in mainland Chinese equity markets. Chinese shares dropped almost two percent ...

China stocks plunge as market rout deepens

July 3rd, 2015 (0)
China‘s main stock benchmark plunged more than 5 percent Friday as government stabilizing measures failed to reassure panicky investors while other Asian indexes fell ahead of Greece‘s weekend austerity referendum. KEEPING SCORE: The Shanghai Composite Index in mainland China ...

Asian stocks gain as US data eclipses Greek risk

July 2nd, 2015 (0)
Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt. KEEPING SCORE: Japan’s Nikkei 225 rose 1.2 percent to 20,564.59 while South Korea’s Kospi added 0.4 percent to 2,106.20. Hong Kong’s Hang Seng ...

Asian Shares Hold Steady After Greece Defaults

July 1st, 2015 (0)
China shares take a break from choppy trading; investors calm as Greece’s default comes as little surprise China’s markets were roughly flat Wednesday as investors took stock of a choppy period of trading over the past two weeks that ...

Greece Risk May Pose Black Swan Dangers for Emerging Markets

June 30th, 2015 (0)
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...

Asia stocks bounce back but Greece uncertainty still looms

June 30th, 2015 (0)
Asian stock markets bounced back Tuesday, recouping some of the previous day’s sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan’s benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after ...

Another Week, Another Chinese Gold Mine

June 26th, 2015 (0)
Though the true amounts are debatable, it’s generally conceded that China is importing a lot of gold. What’s not included in this calculation — but should be — are the deposits its mining companies are acquiring overseas. This gold-in-the-ground ...
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