Search Results for: China
Balkan States Woo Chinese Investors
November 30th, 2015
At the ’16 + 1′ summit, which opened on Tuesday, China is deepening its interest in Southeastern Europe, investing in trade, finance, agriculture and infrastructure projects. The 4th annual Economic and Trade Forum between China and 16 countries of ...
Chinese Debt Snowball Gaining Momentum
November 30th, 2015
Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash depends mostly on the asset in question: Equities can plunge ...
What Will It Mean If the Yuan Gets Reserve-Currency Status?
November 30th, 2015
At least $1 trillion of global reserves may migrate to yuan Successful bid would boost Xi’s economic reform efforts International Monetary Fund representatives have given China strong signals that the yuan is likely to soon join the fund’s basket of reserve ...
Biggest Oil Buyers Pick Themselves as Winners From OPEC Meeting
November 27th, 2015
OPEC to meet Dec. 4 in Vienna to discuss oil production target South Korean refiner sees `best time ever’ as buyer amid glut Oil buyers in Asia are sure of one thing as OPEC prepares to meet: They’ll emerge ...
ASX and The Perth Mint to develop precious metals derivatives products
November 26th, 2015
ASX and The Perth Mint (Gold Corporation) have signed an agreement to develop new precious metals derivatives products that will be quoted and traded on ASX. The collaboration will enable ASX to grow its suite of commodities products and ...
Former Goldman Employee Charged With Insider Trading Before Mergers
November 26th, 2015
The Securities and Exchange Commission announced insider trading charges against a former Goldman Sachs employee accused of stealing nonpublic information in the firm’s e-mail system so he could trade illegally in advance of client mergers and make more than ...
Gold prices set to recover from 5-yr lows in 2016 – HSBC
November 26th, 2015
Gold will finally bounce back in 2016 after repeatedly hitting five-year lows in recent months, HSBC said in a report on Wednesday. The bank sees gold averaging $1,160 this year, $1,205 next year, $1,300 in 2017 and $1,325 over ...
Welcome To The Currency War, Part 20: Corporate Profits Head South, Stock Prices To Follow?
November 26th, 2015
A too-strong currency is, in theory, supposed to make it harder to sell things to cheap-currency countries, thus crimping corporate profits and by implication pretty much everything else. The US dollar has been rising against the rest of ...
Brent down; U.S. oil up on stock, rig data in thin Thanksgiving trade
November 26th, 2015
Brent crude oil futures eased but U.S. crude extended gains on Thursday on light trading due to the Thanksgiving holiday, after a smaller-than-expected inventory build in the United States and a fall in the number of U.S. rigs actively ...
Asia stocks mostly climb on ECB easing prospects
November 26th, 2015
Asian markets were mostly higher on Thursday on the prospect of fresh European stimulus even as new data reinforced expectations for tighter U.S. monetary policy. The euro traded above the $1.06 handle, rebounding after hitting a seven-and-a-half month low of $1.0565 ...
