China‘s manufacturing activity improved slightly in May, while the service sector continued to weaken, indicating complications in the world’s second-largest economy, a survey showed yesterday. The official Purchasing Managers’ ... Read More
Asian stocks drifted lower Tuesday as markets weighed a possible rebound in U.S. growth against doubts about Greece‘s ability to make debt payments and stay in the euro currency ... Read More
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing ... Read More
SSEC +0.12 pct, CSI300 +0.61 pct Steep morning drop erased by mid-morning Follows market slump on Thursday Investors worried by margin trade changes, monetary policy Chinese stocks ended the ... Read More
US$305b invested into the region, 36% year-on-year increase UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10 ... Read More
For years, China has been criticized for keeping its currency from strengthening too much against the dollar. But those days may be over — the International Monetary Fund has ... Read More
* CSI300 -0.5 pct; SSEC +0.2 pct; HSI -0.6 pct * Limited impact seen in FTSE’s moves to include A shares * Wave of IPOs next week could freeze 5 ... Read More
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in ... Read More
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial ... Read More
*CPI data, Yellen speech revive U.S. rate increase expectations * Nikkei underpinned by upbeat export data, weaker yen * Crude oil steadies after Friday’s losses ahead of U.S. holiday Asian shares ... Read More
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