Search Results for: Chinese markets
Asian shares follow Wall Street gains
September 22nd, 2015
Asian markets headed higher on Tuesday, recovering from the previous session’s losses after commodities and shares on Wall Street rebounded. US shares bounced back from big losses last week, when the Federal Reserve kept interest rates unchanged over worries ...
Asia Currencies Slide After Fed Officials Signal Rate Increase Possible in 2015
September 22nd, 2015
Most Asian currencies weakened on Tuesday after comments by U.S. Federal Reserve speakers suggested the central bank could raise interest rates as early as next month, while shares made modest gains ahead of a reading on Chinese manufacturing. The ...
Asia’s key risks this week: China flash PMI, Japan inflation
September 21st, 2015
As financial markets in Asia recover from the Fed’s decision to keep rates unchanged, other risk events will likely serve up fresh volatility this week. China’s flash Caixin purchasing managers’ index (PMI) for September will be announced on Wednesday ...
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
China central bank orders banks to tighten supervision of clients’ forex deals: sources
September 18th, 2015
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter told Reuters on Friday. China’s yuan is not freely convertible ...
China Stocks Jump in Last Hour of Trading on State Support Signs
September 16th, 2015
Government buying may be trigger for rebound, IG Asia says ChiNext small-caps index jumps 7.2% for biggest one-day gain China’s stocks surged after the Shanghai Composite Index slid below the key 3,000 level, with gains coming in the ...
The president of China’s biggest brokerage is under investigation
September 16th, 2015
The president of China’s largest brokerage has been caught in Beijing’s widening probe of insider trading. Cheng Boming, the president of Citic Securities, is being investigated for “insider dealing and leaking inside information,” the company said in a stock ...
China brokers’ shares tumble after CSRC imposes fines
September 14th, 2015
Shares of four of China‘s largest brokerages tumbled on Monday after fines and penalties were imposed by the country’s securities regulator on the companies and some of their executives for failing to conduct proper verification of clients. The China ...
Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
Deutsche Boerse’s Asia plans hit by turbulence, tech woes
September 11th, 2015
Financial market turbulence in China and software problems have prompted Deutsche Boerse to delay its planned Asian derivatives exchange and clearing house by about 18 months, three people familiar with the plans said on Wednesday. The German exchange operator ...
