Search Results for: People's Bank of China (PBOC)

Asia markets extend declines; Nikkei down 3.49%, Hang Seng drops 3.68%

January 20th, 2016 (0)
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 ...

Asia stocks eke out gains in afternoon trade

January 19th, 2016 (0)
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 ...

Asia markets close mostly down; Japan, Australia near bear markets

January 18th, 2016 (0)
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...

Asia stocks retrace gains; Shanghai tumbles 3.7%

January 15th, 2016 (0)
Major Asian stock markets struggled to hold onto their morning gains Friday, despite a positive finish from Wall Street overnight. In another late spate of sell-offs, the Shanghai composite down 3.97 percent and Shenzhen composite 2..85 percent lower in afternoon trade. The ASX 200 closed ...

Major Asian stocks close up, Nikkei rebounds 2.88%

January 13th, 2016 (0)
Asia markets closed mostly higher, with some major indexes rebounding Wednesday, in a sign of returning stability even in the face of lingering worries about China and falling commodity prices. That follows a volatile start to the year, in ...

Asia markets close lower, Nikkei 225 slips 2.71%

January 12th, 2016 (0)
Asia’s major markets closed mostly lower, with investor sentiment in the region remaining fragile as oil prices continued to slide and China concerns weighed. The Australian market erased its morning gains to slip into negative territory, with the main ASX ...

Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off

January 11th, 2016 (0)
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. ...

Asian markets trade mixed; Japan shares spike on BOJ

December 18th, 2015 (0)
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese market took a wild ride, erasing early losses and spiking ...

Nikkei closes up, ASX hits one-month low

December 11th, 2015 (0)
Asian markets closed mixed on Friday, despite Wall Street’s positive finish overnight, as record low oil prices weighed resources plays and China shares traded in negative territory as another top executive was reported missing by local media. “Most investors ...

Asian stock markets end lower; economic data in focus

December 9th, 2015 (0)
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
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