Search Results for: Chinese markets
China’s growth slows to 7% in the first quarter
April 15th, 2015
China‘s economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in 2009. The rate was lower than the 7.3% posted for ...
Qatari banks ink deal for Islamic finance venture in China
April 14th, 2015
Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. At present there is very little Islamic finance activity in China, but the country’s ...
Top 12 Media Myths on oil prices
April 13th, 2015
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s ...
Dollar’s rising trend remains intact amid weak China
April 13th, 2015
The dollar keeps moving up amid signs of a lackluster outlook for major economies such as China and Japan. The dollar maintained its rising trend on Monday in Asia amid signs of a lackluster outlook for major economies such ...
Hong Kong shares rocket as mainland rally spills over
April 9th, 2015
Funds trying to arbitrage major price differences Chinese funds buying HK shares ahead of Shenzhen pilot Previous attempts failed on tepid demand for HK shares Investors see HK shares as less bubbly than mainland stocks (Adds more detail on ...
Oil down on U.S. stock build, record Saudi output
April 8th, 2015
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in prices followed a rally on Tuesday, when U.S. crude approached 2015 highs ...
Li backs firms’ global vision
April 6th, 2015
China is to pilot the removal of preconditioned government approval for offshore corporate bonds, part of a national arrangement to lower the financing cost of enterprises expanding overseas. The move, along with the government’s efforts to speed up the ...
UAE signs up as founding member of Asian Infrastructure Investment Bank
April 6th, 2015
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which has Dh8bn in capital, will represent the UAE government on ...
China’s thriving brokerage minnows set to come under M&A spotlight
April 3rd, 2015
* Stock market boom saw brokers doubling profits in 2014 * Beijing plans to open up sector to more financial firms * Stiff industry competition ahead to lead to more deals In the shoals of China’s little-known stockbrokers, fast-growing ...
Asia shares higher ahead of holiday
April 2nd, 2015
Asian shares headed higher on Thursday but investors were cautious ahead of a Good Friday public holiday tomorrow in some major markets. Japan’s shares were up despite a central bank survey showing firms expect inflation to rise 1.4% a ...
