Search Results for: China Market
Apple gives weak forecast, shares fall nearly 7 percent
July 22nd, 2015
Apple Inc (AAPL.O) shares slumped nearly 7 percent in after-hours trading as its fourth-quarter revenue forecast fell short of estimates and it missed some targets for iPhone sales. The shares dropped to $121 after the company released its results ...
Asia Stocks Drop With Nasdaq Futures on Apple; Commodities Slide
July 22nd, 2015
Asian stocks retreated with Nasdaq 100 Index futures as Apple Inc. tumbled in after-hours trade and the dollar held losses. Oil and gold resumed declines as a gauge of commodities dropped back to a 13-year low. The MSCI Asia ...
Big fund suspected of selling gold after price crashes to 5-year low
July 20th, 2015
Gold prices continued falling Monday, briefly hitting a more than a five-year low in Asian trade, after China indicated its gold reserves were at half the level expected. The yellow metal has lifted up from its worst levels of ...
The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
July 17th, 2015
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment. As you are ...
Greece and the Problem of Correcting Trade/Productivity Imbalances
July 17th, 2015
Piling on more debt is the worst possible way to correct structural trade and productivity imbalances. In Greece and the End of the Euroland Fantasy, I suggested the trade imbalances at the heart of Greece’s debt crisis could only ...
Asian shares mostly higher on Greece deal
July 14th, 2015
Asian shares were mostly higher after a breakthrough deal in Greece for a bailout package from creditors provided some resolution in the debt crisis. Eurozone leaders came out from talks on Monday in Brussels with a deal to keep ...
US stocks seen higher on Greek agreement
July 13th, 2015
U.S. stock markets were tipped to open higher on Monday following news that Greece and its international creditors have reached a bailout agreement. European Council President Donald Tusk said early on Monday that euro zone leaders reached an unanimous ...
Oil prices tumble as Iran deal nears
July 13th, 2015
Oil prices dropped Monday as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. Sanctions have long reined in Iran’s oil production and exports, and the ...
Central bank promises more liquidity aids to CSF
July 9th, 2015
China’s central bank said Thursday it will continue to support liquidity need of China Securities Finance Corporation Limited (CSF), the national margin trading service provider, to stabilize a tumbling stock market. The People’s Bank of China (PBOC) said it ...
European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?
July 8th, 2015
A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. In so many ways, it seems like we ...
