Search Results for: Chinese
HKEX rolls out its Strategic Plan 2016-2018
January 25th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) announced on Thursday its Strategic Plan 2016-2018, outlining the development roadmap for HKEX and Hong Kong’s financial markets. HKEX’s strategic goals for the three-year period are to extend and deepen its value ...
China, Iran Agree to Expand Trade to $600 Billion in a Decade
January 25th, 2016
China and Iran mapped out a wide-ranging 25-year plan to broaden relations and expand trade during the first visit by a Chinese leader to the Islamic republic in 14 years. President Xi Jinping met with his counterpart Hassan Rouhani ...
Asia markets surge; Nikkei climbs to close 5.88% higher
January 22nd, 2016
Major Asian markets surged Friday, tracking the rally in European and U.S. equities overnight, getting a boost from a slight uptick in oil prices and comments from the European Central Bank (ECB). In Japan, the Nikkei jumped by 941.27 points, or 5.88 percent, ...
Could China’s Housing Bubble Bring Down the Global Economy?
January 21st, 2016
Who’s going to buy the tens of millions of empty flats held as investments? I’ve been writing a lot about China recently because it’s becoming increasingly clear that China’s economy is slowing and the authority’s “fixes” are not turning ...
Asia markets take another tumble as rout persists
January 21st, 2016
Markets in Asia lost early gains and tumbled into negative territory in afternoon trade, following another selloff on Wall Street overnight on global growth concerns, uncertainty in China and fresh lows in oil prices. The Shanghai composite touched its ...
FTSE 100 index plunges into ‘bear market’ territory as oil price rout wipes another £52bn off top-flight share values
January 21st, 2016
Footsie plunged 203 points or 3.5% to close at 5,673 That means £52bn has been wiped off blue-chip share values today Now more than 20% below April 2015’s 7,103 high – firmly a bear market Panic over oil price after ...
Asia markets extend declines; Nikkei down 3.49%, Hang Seng drops 3.68%
January 20th, 2016
Asian stocks tumbled Wednesday, with major indexes declining by more than 1 percent each, as global sentiment remained low on concerns over economic growth, China and low oil prices. “The frailty in the Chinese growth remain the core problem ...
Mazars announces annual growth of 15.9% together with a strategic merger in China
January 19th, 2016
Mazars announces 2014-2015 fiscal year results of €1.252bn. This figure is up 15.9% from last year, driven by 6.0% organic growth, 6.0% external growth – in particular from the merger with Roever Broenner Susat in early 2015 – and ...
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
Asia stocks eke out gains in afternoon trade
January 19th, 2016
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese stocks jumped in late trade, with the Shanghai composite up ...