Search Results for: China Market
ECB policymakers divided over China risks
January 15th, 2016
Policymakers at the European Central Bank disagreed at their last meeting over how big a threat turmoil in China and other emerging markets pose to Europe’s modest economic recovery. The result of the Dec. 3 debate, for which a ...
China’s downturn could affect law firms
January 13th, 2016
The slowing Chinese economy will have a big impact on the Australian economy that could flow on to law firms, according to industry experts. Commonwealth Bank associate director economics Diana Mousina said the Australian economy is doing well domestically, but ...
China names central bank deputy governor as new forex boss
January 13th, 2016
China’s cabinet has named Pan Gongsheng, a deputy governor of the country’s central bank, as its new top foreign exchange regulator to manage the country’s currency reserves and steer yuan reforms. Pan will replace Yi Gang as head of ...
The China Syndrome: The Coming Global Financial Meltdown
January 12th, 2016
All the phantom wealth piled up in China’s boost phase is now melting down, and the China Syndrome will trigger a meltdown in global phantom assets. The 1979 film The China Syndrome took its name from the darkly humorous ...
Asia markets close lower, Nikkei 225 slips 2.71%
January 12th, 2016
Asia’s major markets closed mostly lower, with investor sentiment in the region remaining fragile as oil prices continued to slide and China concerns weighed. The Australian market erased its morning gains to slip into negative territory, with the main ASX ...
China Stock Selloff Abates on State Efforts to Stabilize Yuan
January 12th, 2016
Offshore yuan climbs to one-week high amid intervention Shanghai Composite’s RSI signals oversold conditions China’s stocks rose in volatile trading after the benchmark index briefly fell below the 3,000 level as policy makers intensified efforts to stabilize the yuan. ...
China forex regulator says will ramp up risk control efforts
January 11th, 2016
China’s foreign exchange regulator said on Saturday it will ramp up risk control efforts, push ahead with regulatory reforms and look to accelerate the development of the country’s foreign exchange market in 2016. The State Administration of Foreign Exchange ...
Oil prices move up from 12 year lows as China shares rise
January 8th, 2016
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent global oversupply and a bleak demand outlook capped gains. Beijing deactivated a circuit breaker mechanism ...
China’s Forex Reserves Fall by Record $107.9 Billion on Yuan Fears
January 8th, 2016
Foreign-exchange reserves drop to a nearly three-year low, contributing to the largest yearly decline ever China’s hoard of foreign-exchange reserves continued to shrink in December, recording the biggest monthly drop ever and falling overall to its lowest level in ...
Dow Tumbles Nearly 400 Points on China Worries
January 8th, 2016
Dow industrials, S&P 500 are off to their worst-ever starts to the year The Dow Jones Industrial Average fell nearly 400 points Thursday as steep falls in Chinese equities spilled over to global markets. Thursday’s selloff came after the ...
