Search Results for: China Market
China police bust major futures manipulation case
November 2nd, 2015
Police have netted three suspects and is seeking to arrest more overseas for pocketing huge funds via manipulating futures trades, the Ministry of Public Security announced Sunday in a statement. Authorities locked onto “Yishidun,” an international trade company founded ...
China raises central rate for yuan by largest amount in a decade
November 2nd, 2015
China raised the central parity rate of the yuan by 341 basis points to 6.3154 against the US dollar on Monday (2 November), the largest amount by far on a single day in a decade. The move comes at ...
Asian stocks fall after tepid China PMI survey
November 2nd, 2015
A general view of market boards at the ASX Exchange Centre in Sydney, Australia. Asian stocks mostly slipped into the red on Monday, as investors digested a private survey which showed China‘s mammoth manufacturing sector remaining in a tough ...
Asian shares mixed on BOJ decision, China’s child policy change
October 30th, 2015
Asian shares mostly regained their footing on Friday, following the Bank of Japan’s (BOJ) decision to stand pat on its monetary policy and as China‘s scrapping of its one-child policy bolstered dairy and baby products makers. Major U.S. averages finished lower overnight, ...
China Foreign Exchange Trade System and Deutsche Börse sign cooperation agreement
October 29th, 2015
China Foreign Exchange Trade System (CFETS) and Deutsche Börse today entered into a strategic cooperation agreement to connect the respective markets and foster product innovation. The cooperation agreement was signed by Sun Jie, Executive Vice President of CFETS, and ...
US Stock Market Regained The Lead In Last Week’s Rally
October 26th, 2015
US stocks reclaimed the top spot in last week’s performance race for the major assets classes, based on a set of proxy ETFs. The Vanguard Total Stock Market ETF (VTI) gained 1.7% for the five trading days through Oct. ...
Asian stocks advance on China rate cut, U.S. tech earnings
October 26th, 2015
Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s ...
China small-caps lead gains; rest of Asia mixed
October 22nd, 2015
Chinese stocks recovered from the prior day’s sudden sell-off, as a surge in small-caps rekindled investor interest. The rest of the region, however, put up a mixed performance as renewed weakness in commodity prices and an uninspiring lead from ...
The 5 Biggest Market Events of 2015 So Far
October 19th, 2015
2015 has certainly been an interesting year as far as the world of finance is concerned. The markets have undoubtedly seen some tumultuous times, particularly in recent months, so today we’re going to look at the five biggest market ...
Is China Turning To Bitcoin As Yuan Devalues?
October 19th, 2015
China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks ...
