Search Results for: Chinese markets
China Forex Reserves Fall to Lowest Level in More Than Two Years
December 8th, 2015
Numbers suggest Beijing is struggling to control capital outflows as a U.S. rate increase looms China’s foreign-exchange hoard fell in November to its lowest level in more than two years, reigniting concerns about Beijing’s ability to stem the outflow ...
Asian stocks at three-week lows on oil drop; Fed eyed
December 8th, 2015
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many investors moved to the sidelines ahead of next week’s meeting where the Federal Reserve is expected to raise U.S. ...
China Begins G-20 Leadership With Ideas to Reduce Dollar’s Role
December 7th, 2015
South Korea, France to lead working group exploring SDR use China exploring ways to make system more resilient to shocks As China takes the reins of the Group of 20 for the coming year, the first indications are emerging ...
Gold sank to the lowest level in more than five years, Silver and platinum dropped to multiyear lows
December 3rd, 2015
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 as dollar climbs Gold sank to the lowest level in ...
Russia’s Central Bank adds yuan to reserve currency basket
December 1st, 2015
According to the sources, the share of Russian reserves in yuan in the near future will remain small and symbolic Russia’s Central Bank has added the Chinese yuan to the foreign exchange reserve basket, two sources close to the ...
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 ...
Asia shares fall on China caution, yuan jumpy ahead of IMF decision
November 30th, 2015
Asian shares fell on Monday as Chinese stocks extended last week’s sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI’s ...
China Shares Fall Sharply as Regulators Investigate Brokers
November 27th, 2015
Chinese officials have ramped up scrutiny of the securities industry Chinese authorities’ investigations into two major Chinese brokerages over suspected violations drove shares in Shanghai sharply lower Friday. The Shanghai Composite Index fell 4.6% to 3468.13, wiping out most ...
Stocks Fall on China Selloff as Yuan Weakens; Commodities Slump
November 27th, 2015
Brokerages lead losses in Chinese shares on government probes Traders holding on to December Fed bets while ECB seen easing A selloff in Chinese stocks spread across Asia as falling industrial profits and a deepening probe of the financial ...
Big Oil: Which Are The Top 10 Biggest Oil Companies?
November 25th, 2015
Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able to survive the downturn. At least 37 oil and gas companies have filed for bankruptcy so ...
