Search Results for: Chinese markets
Sinopec to sell $17.4 billion stake to investors
September 15th, 2014
Shares in China Petroleum & Chemical Corporation, known as Sinopec, fell on Monday morning as markets reacted to the company’s plans to raise $17.4 billion by selling a stake in its nationwide chain of gas stations to outside investors. ...
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Is bigger better for ASEAN in a mega-regional world?
September 10th, 2014
Big-block trade agreements or ‘mega-regionals’, revolving around one or more major powers, are the latest trend in trade policy negotiations. ASEAN is involved in two: the American-led Trans-Pacific Partnership (TPP) and the Chinese-led Regional Comprehensive Economic Partnership (RCEP). But ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
Gold Steady Below $1270 on Weak Jobs Data
September 8th, 2014
Gold extended gains to a second session on Monday, boosted by a disappointing U.S. non-farm payrolls report that eased concerns about an early interest rate increase, with investors also eyeing developments in the Ukraine crisis. Spot gold had ticked ...
Canada seeks to become Renminbi (RMB) trading centre for the Americas
September 2nd, 2014
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...
China Plans a Market for Carbon Permits
September 1st, 2014
China plans to introduce its national market for carbon permit trading in 2016, a government official said on Sunday, adding that Beijing is close to completing rules for what will be the world’s biggest emissions trading program. China has ...
Futures edge higher ahead of Jackson Hole meeting, data
August 21st, 2014
U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming. Policymakers are due to discuss the labor markets ...
Asian Stocks Fall as BHP Billiton Drags Index Lower
August 20th, 2014
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
