Search Results for: Shanghai
Is China Turning To Bitcoin As Yuan Devalues?
October 19th, 2015
China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks ...
Index Futures Drop With Asia Stocks After China GDP; Euro Rises
October 19th, 2015
Economy expands 6.9% in third quarter, beating estimates Gold retreats with copper as metals slide in data’s wake U.S. and European equity-index futures retreated with Asian shares and commodities after China reported the slowest economic growth since 2009. Treasuries ...
The world’s biggest Trade Agreement (TPP) is concluded, which is the next trade deal you need to know
October 15th, 2015
RCEP: The next trade deal you need to know about The conclusion of the Trans-Pacific Partnership (TPP) trade agreement last week could speed up talks on its lesser-known Asia-wide equivalent, trade analysts say. Negotiators working on the Regional Comprehensive ...
Swatch presented pay-by-wrist watch
October 15th, 2015
Swatch has joined forces with China UnionPay and Bank of Communications to introduce contactless payment “by-the-wrist” to China SWATCH BELLAMY: THE NEW PAY-BY-THE-WRIST SWATCH WATCH Pioneering Swiss watchmaker Swatch presented SWATCH BELLAMY, the new “pay-by-the-wrist” watch, at the landmark ...
Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
October 15th, 2015
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside ...
FTSE 100 on track for third straight day of losses
October 14th, 2015
Stocks in the U.K. dropped Wednesday, driven lower alongside Asian and other European markets after the release of yet more disappointing Chinese data underscored concerns about economic growth in that country. The FTSE 100 UKX, -0.75% fell 0.7% to 6,297.19. The index ...
Asian shares extend losses after China prices cool
October 14th, 2015
Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world’s second-largest economy. China’s consumer price index (CPI) rose 1.6 percent in September from a ...
China imports slump 20% amid falling commodity prices and weak demand
October 13th, 2015
Imports were down for the 11th month in a row, according to official figures, but there are signs that demand for the country’s exports is picking up China’s imports fell heavily in September, official figures said, keeping pressure on ...
China’s Stocks Decline From Seven-Week High After Trade Data
October 13th, 2015
Report shows imports extend longest losing streak in 6 years Investors returning to market as margin debt rebounds China’s stocks fell from a seven-week high, dragged down by commodity producers, after imports fell by more than economists predicted. The Shanghai Composite ...
Asian shares extend an October rally; dollar slips
October 12th, 2015
Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fueled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year grew ...
