Search Results for: Chinese
Dollar, North Asia stocks firm on positive U.S. GDP data
March 28th, 2016
The dollar firmed on Monday and stocks in North Asia rose after fairly strong consumer spending led to an upward revision in U.S. economic growth in the fourth quarter, helping to underpin investor sentiment. “As long as the U.S. ...
Wall Street closes flat to end five-week rally
March 25th, 2016
Wall Street snapped a five-week winning streak on Thursday, with the three major indexes closing mostly flat, as a strengthening dollar weighed on commodity-related shares. The Dow Jones industrial average rose 13 points, or 0.08%, to 17,516, the S&P ...
China’s yuan to face pressure if dollar rises sharply: c.bank adviser
March 25th, 2016
China’s yuan will come under renewed downward pressure if the U.S. dollar rises significantly in coming months, a policy adviser to the People’s Bank of China said on Friday. Huang Yiping, a professor at Peking University and a member ...
Multinational law firm to cut 15% of Europe and Middle East partnership
March 24th, 2016
Asia-headquartered global firm King & Wood Mallesons is cutting 15% of partners in its Europe and Middle East practice as part of a restructuring. The cut will mean that up to 24 of the firm’s 160 partners will depart. ...
Asia markets slip amid Fed concerns, oil fall
March 24th, 2016
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, or 0.64 percent, at 16,892.33, while South Korea’s Kospi index fell 9.15 ...
LME deploys Shield repository to support Belt and Road initiative
March 23rd, 2016
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield repository in regions along China’s ‘The Belt ...
Apple Unveils Smaller-Screened iPhone SE to Jump-Start Sales
March 22nd, 2016
Cook on FBI fight: `We will not shrink from responsibility’ Newest phone, aimed at emerging markets, will arrive March 31 Apple Inc. unveiled a new, smaller iPhone that will start at $399, seeking to jump-start sales of its flagship product ...
Asia mixed in quiet trading session, with Nikkei up 1.9%
March 22nd, 2016
Asia markets were mixed in a quiet session on Tuesday, with a weaker yen buoying Japanese stocks while Chinese stocks gave up some of their Monday gains. Japan’s Nikkei 225, which reopened after a public holiday Monday, closed up 323.74 ...
HSBC: These are the 12 questions clients are asking about commodities
March 21st, 2016
Commodities have had a rough ride for past 12 months, hit by falling demand from China as its economy slows. The plunge in prices has hit miners and traders, such as Glencore, as well as entire economies, like Venezuela, ...
China Construction Bank authorised as trading and direct clearing participant
March 18th, 2016
China Construction Bank (CCB) Frankfurt Branch received authorisation as a trading and direct clearing member to the cash and derivatives markets operated by Deutsche Börse Group. This further contributes to the accessibility of the German and European capital market ...
