Search Results for: Chinese shares
China Stocks Drop While Aussie Gains After RBA; Commodities Fall
May 5th, 2015
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further interest-rate cuts. The Shanghai Composite Index retreated 2.3 percent by ...
Stocks slip, euro near two-month high as US economy loses steam
April 30th, 2015
Asian stocks stumbled on Thursday while the euro held near two-month highs against the dollar after surprisingly downbeat first-quarter economic growth in the United States – a key export destination for many of the region’s economies. Spreadbetters expected the ...
Samsung Predicts Recovery After First-Quarter Earnings Drop 40%
April 29th, 2015
Samsung Electronics Co. expects earnings to recover in the second quarter as new Galaxy S6 smartphones lure back users and the component divisions win orders from rival vendors. Shares rose. Samsung on Wednesday predicted the revival after reporting a ...
China Stocks Head for Sixth Week of Gains on Policy Easing Bets
April 17th, 2015
Chinese stocks rose, with the Shanghai Composite Index heading for a sixth straight week of gains, on speculation the government will add stimulus as the economy decelerates. Train makers CSR Corp. and China CNR Corp. jumped by the 10 ...
Asian markets stumble over China
April 15th, 2015
Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy action by Beijing. Growth in China’s colossal economy did slow ...
China’s taxman is coming for Alibaba
April 8th, 2015
China stands to collect billions of dollars in taxes as Alibaba insiders unload shares held under lock-and-key since the tech firm’s record-breaking market debut last year. Two of the company’s “lock up” agreements have now expired, releasing an additional ...
Asian stocks mixed as Mideast worries linger, oil eases
March 27th, 2015
Asian stocks were mixed on Friday and the dollar rebounded as rising tensions in the Middle East clouded the investment outlook. Spreadbetters expected Britain’s FTSE .FTSE, Germany’s DAX .GDAXI and France’s CAC.FCHI to tip toe higher while the markets awaited fresh cues from ...
Asia stocks down on weak data, Wall Street dive
March 26th, 2015
Asian stock markets mostly fell Thursday, battered by weak U.S. economic data and Wall Street’s retreat from near record highs. KEEPING SCORE: Japan’s Nikkei 225 fell 1.2 percent to 19,508.88 while Hong Kong’s Hang Seng added 0.1 percent to ...
China to reap Alibaba windfall as tightens up on tax
March 23rd, 2015
China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group BABA.N who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
