Search Results for: China’s economy
U.S. Stocks Steady, Despite Pressure From Lower Oil Prices
October 20th, 2015
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. The Dow Jones Industrial Average inched up 14.57 points, or ...
Five things to listen for during Janet Yellen’s press conference
September 17th, 2015
Clues as to future interest-rate path will be key for Fed press conference Federal Reserve Chairwoman Janet Yellen has not spoken publicly since mid-July when she finished two days of testifying to Congress. At the time, she expressed the ...
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 ...
Brent Trades Near One-Week Low as China’s Crude Imports Decline
September 8th, 2015
China’s crude imports drop 13.4% from record in July Russia said to rule out cooperating with OPEC to cut supply Brent crude traded near the lowest price in more than a week as a slide in China’s oil ...
Kuroda Says Bank of Japan Can Still Achieve Inflation Target
August 27th, 2015
BOJ stands ready to adjust record stimulus if needed Central bank has “many options” for its monetary policy The Bank of Japan can achieve its 2 percent inflation target with the current level of monetary stimulus, even as it stands ...
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 ...
Oil Prices Slide to 6½-Year Low
August 14th, 2015
Concern about Chinese demand after yuan’s devaluation pressures crude prices Crude-oil futures on the New York Mercantile Exchange dropped to a more-than six-year low Friday on escalating concerns about demand from China following the yuan’s devaluation. Nymex oil futures for ...
IEA Sees Oil Glut Enduring in 2016 After Reaching 17-Year High
August 12th, 2015
The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International Energy Agency. Record inventories will expand further even as consumption climbs by the most ...
China’s stock market crashes again as panicking sellers lose faith
July 27th, 2015
Beijing is struggling to rein in the self-preservation instincts of small investors. All that’s left to happen in China’s stock market is for government leaders to admit they are powerless to stop a selloff. Monday’s panic selling was the ...
Australian dollar hits fresh six-year low as Chinese factories continue to falter
July 24th, 2015
Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh six-year low and stocks across Asia dropped sharply after more ...
