Search Results for: Chinese
China’s long problems to resurface in 2016
July 25th, 2014
PNC Financial Services Group is staying cautious warning of a “perfect storm” that could surface by 2016, beside the recent positive data from China. Stuart Hoffman, chief economist at Financial Services Group wrote in a report this week, “Several ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
Lawyers trained to help deal with transnational cases
July 23rd, 2014
More training will be offered to law firms and lawyers specializing in cross-border lawsuits to expand their presence in an area dominated by foreign competitors, a senior official from the Justice Ministry said. By next year, the All-China Lawyers ...
China’s Debt, At 250% Of GDP And Rising, Flashes Warning Signs
July 23rd, 2014
China’s debt has swelled to more than 2 1/2 times the size of its economy, a sign Beijing will face difficulties as it seeks to expand, triggering to a financial crisis. The world’s second-largest economy in June reached a ...
PBC Signed Local Currency Swap Agreement with Swiss National Bank
July 22nd, 2014
With the approval of the State Council, the People’s Bank of China signed on July 21, 2014, an agreement on bilateral local currency swap with the Swiss National Bank for the purpose of providing liquidity support for the bilateral ...
Hong Kong Leads Asian Equities Higher
July 22nd, 2014
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
Fund managers unconvinced by Apple rebound as firm readies results
July 22nd, 2014
Apple, once a can’t-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. The company’s shares are up 17 percent for the year, nearly three times the performance of the benchmark Standard & ...
Policymakers warned of persistent risks as accountancy bodies publish five-year “healthy check” of the global economic recovery
July 21st, 2014
Threats to long term economic stability remain as countries recover from the global economic crisis, according to a five year review of finance professionals’ economic insights. Any recovery may also be limited to just a few “islands of financial ...
Amplats to sell strike-hit South Africa mines
July 21st, 2014
World number-one platinum producer Anglo American Platinum (AMSJ.J) is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable. The mines account for over half of ...
