Search Results for: Shanghai
Oil rout, Fed-ticipation hurts Asia stocks; China leads losses
January 26th, 2016
Asian equities came under pressure on Tuesday from a renewed selloff in oil overnight, ahead of the Federal Reserve’s monetary policy decision on Thursday. U.S. crude fell below $30 a barrel after sliding as much as 7 percent on ...
Asia rises after cold spell lifts oil, dollar stands tall
January 25th, 2016
Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets. World equities ...
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 ...
Japanese Stocks Plunge Into Bear Market as Global Rout Deepens
January 20th, 2016
Energy explorers lead Tokyo slump as oil spiral continues IMF cuts forecast for global economic growth in 2016 and 2017 Japanese stocks plunged into a bear market amid a slump in equities across Asia as investor concerns over the global ...
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 ...
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 ...
China GDP Slows to Weakest Since 2009 on Manufacturing Slide
January 19th, 2016
As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership ...
CSRC’s regret at flaw in stocks supervision
January 18th, 2016
THE head of China’s market regulator issued an unusual apology on Saturday for volatility in the country’s markets, acknowledging “shortcomings” in the way they have been supervised. “The abnormal fluctuations on the stock exchanges have revealed the immaturity of ...
