Search Results for: China’s central bank
China Stocks Pull Asian Markets Lower
September 14th, 2015
Investors are concerned about both a slowdown in China and this week’s U.S. Federal Reserve meeting China shares finished lower in tumultuous trading Monday, as weak data on Chinese factory output pulled prices down despite apparent efforts by Beijing ...
China Stocks Drop Despite Inflation Data
September 10th, 2015
Large swings in Asian markets persist over worries about U.S. rate increase, China’s economy China-style volatility spread to Japan stocks Thursday as the Nikkei Stock Average reversed its previous-day surge, leading the region lower. China stocks fell even as ...
Gold Prices Prove Solid as Major Chinese Stock Indices Hit their Lowest Level since December
August 26th, 2015
Gold prices quickly touched a new 7-week high of $1169 per ounce on Tuesday morning in London, while European and US stock market indices bounced back after the shockwaves sent by the recent sharp decline of Chinese equities. Silver fell ...
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 ...
China’s Yuan Rate Rises for First Time Since Devaluation
August 14th, 2015
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will intervene to prevent excessive swings. The onshore spot rate was little changed at 6.4003 ...
China About To Make History — Again
August 10th, 2015
Any discussion of China has to open with the now-widely-understood fact that the numbers it reports are not to be trusted. Knowing this makes it easy to dismiss claims of high and consistently-on-target GDP growth, for instance, as a ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
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 ...
Top Stories of the day July 07
July 7th, 2015
1. Rift Emerges as Europe Gears Up for New Talks on Greece Bailout. If a deal is not struck soon, Greece will probably default on a batch of international debts this month and face even more trouble paying civil ...
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
