Search Results for: Global share
China Stock Selloff Abates on State Efforts to Stabilize Yuan
January 12th, 2016
Offshore yuan climbs to one-week high amid intervention Shanghai Composite’s RSI signals oversold conditions China’s stocks rose in volatile trading after the benchmark index briefly fell below the 3,000 level as policy makers intensified efforts to stabilize the yuan. ...
European markets: FTSE and European stocks shrug off worries over China slowdown
January 11th, 2016
European equity markets kicked off the week on an upbeat note, as investors shrugged off yet another dismal session in Asia, which saw stocks plunge to their lowest level in more than four years. Early on in the European ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off
January 11th, 2016
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much 5.22 percent in late-afternoon trade, while the Shenzhen Composite shed 6.5 percent. ...
Dow Tumbles Nearly 400 Points on China Worries
January 8th, 2016
Dow industrials, S&P 500 are off to their worst-ever starts to the year The Dow Jones Industrial Average fell nearly 400 points Thursday as steep falls in Chinese equities spilled over to global markets. Thursday’s selloff came after the ...
RMB exchange rate remained generally stable against a basket of currencies in 2015
January 7th, 2016
Guest Commentator of CFETS, Jan 5, 2016 On January 4, 2016, the China Foreign Exchange Trade System published the latest readings of a series of RMB exchange rate indices. According to the latest figures, on December 31, 2015, the ...
7 Percent Crash Causes Emergency Shutdown Of Stock Markets In China For The 2nd Time In 4 Days
January 7th, 2016
Did you see what just happened in China? For the second time in four days, a massive stock market crash has caused an emergency shutdown of the markets in China. On both Monday and Thursday, trading was suspended for ...
Lloyds under investigation by FCA over possible market rigging
January 7th, 2016
Reports say investigation into gilts trading is not industry-wide despite recent criticism of regulator for dropping review into culture at major banks The City regulator is investigating whether traders at Lloyds Banking Group manipulated the price of government bonds, in a ...
Four London-based traders are being investigated by DoJ for possible manipulation
January 7th, 2016
DoJ investigates bond traders over market-rigging “What is Bond: A name for debt which is issued for a specified period of time. Depending the terms of the Bond, the issuer owes the holder/s a debt, and is obliged to pay ...
Asian stocks steeply lower after China suspends trade early
January 7th, 2016
China’s stocks were suspended from all trade on Thursday after the CSI300 tumbled more than 7 percent in early trade, triggering the market’s circuit breaker for a second time this week. That drop-kicked stock markets across Asia, which were already ...
