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China Market Woes Far From Over, Analyst Says: Talk Is Cheap, But Urgent Action Needed
Wednesday, February 7, 2024 - 4:04pm | 706Read More...While China’s ailing stock markets have regained some ground in the past couple of sessions, thanks to pledges and rhetoric that market losses will be addressed, there are more fundamental risks at play that equities could continue their downward spiral throughout 2024. Primary among these is...
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China Stock Rout Continues: Worst Week In 5 Years For Shanghai Index
Friday, February 2, 2024 - 1:16pm | 729Read More...Mainland China stocks slumped again on Friday, with the Shanghai Composite having its worst week in five years, while the CSI 300 index slumped to a five-year low. Shares listed on Hong Kong’s blue-chip index fared a little better, but were still down on the week, with the Hang Seng falling 2...
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China Property Slump: New Home Prices Fall At Fastest Pace In Nine Years
Wednesday, January 17, 2024 - 2:22pm | 646Read More...Stresses in China’s property market were underlined by data on Wednesday that showed new home prices in December endured their steepest monthly decline since February 2015. Prices of new homes measured across 70 large and medium-sized Chinese cities fell 0.4% month-on-month in December,...
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Citi Names These Two Markets As Its Top Picks In Asia
Friday, January 28, 2022 - 11:40am | 219Read More...On CNBC, Ken Peng of Citi Private Bank said that the U.S. Federal Reserve has promised to tackle inflation in a very aggressive manner. The tapering by the Fed is all set to end next month, with rate-hike expected to begin in March. Peng noted that the Asian markets are in a "little bit better...
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Asian Markets Slip In To Red Following Wall Street's Tech Wreck
Friday, September 4, 2020 - 3:40am | 366Read More...Asian markets traded on a low note Friday after the tech sector dragged down Wall Street's trading session the previous day. The Nasdaq-100 Tech Sector Index (INDEXNASDAQ: NDXT) fell 5.37% after witnessing overnight sell-offs. What Happened: The Japanese benchmark index Nikkei 225 was...
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Markets In Asia Surge As US-China Agree On Trade, Johnson Wins UK Election
Friday, December 13, 2019 - 4:06am | 267Read More...Markets in Asia made record gains on Friday, as some of the causes of market volatility in recent months seem to be clearing out. What Happened The U.S. and China have to come to an agreement on phase one of their trade deal, the Wall Street Journal reported on Thursday. As part of the deal,...
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China Stock Markets Drop On Trump Lead
Wednesday, November 9, 2016 - 12:35am | 213Read More...Chinese stocks were trading lower on Wednesday, as Donald Trump has gained momentum towards a U.S. Presidential victory. The Shanghai Composite Index dropped 41.7 points, or 1.32 percent to 3,106.23. In the spot market, the Chinese yuan was trading at 6.7846 yuan versus the U.S. dollar, up...
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China Stock Markets Edge Higher
Sunday, November 6, 2016 - 11:43pm | 194Read More...Chinese stocks were trading slightly higher on Monday. The Shanghai Composite gained 7 points, or 0.22 percent to 3,132.29. The Federal Bureau of Investigation has cleared Hillary Clinton on the emails. US stock markets closed lower overnight, with the Dow Jones Industrial Average falling 0....
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China Stock Markets Trading Flat
Thursday, November 3, 2016 - 11:41pm | 211Read More...Chinese stocks were trading mostly flat on Friday. The Shanghai Composite gained 0.94 points, or 0.03 percent to 3,129.88. Investors will be looking for U.S. nonfarm payrolls report later Friday. US stock markets closed lower overnight, with the Dow Jones Industrial Average falling 0.16...
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China Markets Gain Following Strong Caixin Report
Wednesday, November 2, 2016 - 11:46pm | 215Read More...Chinese stocks gained on Thursday, following strong economic data. The Shanghai Composite gained 16.1 points, or 0.52 percent to 3,118.80. The Caixin China services PMI increased to 52.4 in October, versus a reading of 52.0 in September. The U.S. Fed kept interest rates unchanged on...
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Chinese Stocks Markets Trading Lower
Wednesday, November 2, 2016 - 1:03am | 189Read More...Chinese stocks fell on Wednesday, as a new poll showed Donald Trump leading the presidential race over Hillary Clinton. The Shanghai Composite dropped 15.2 points, or 0.49 percent to 3,107.23. The U.S. Federal Open Market Committee is scheduled to announce its policy decision later in the day...
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China's Stock Market Down; Oil Prices Fall
Monday, October 31, 2016 - 12:14am | 227Read More...Chinese stocks dropped on Monday, with the Shanghai Composite dropping 14.10 points, or 0.45 percent to 3,090.17. The Shenzhen composite was also down 0.45 percent. The Chinese yuan rose 217 basis points to 6.7641 versus the US dollar. Investors will be looking for U.S. price index and GDP...
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China's Shanghai Slightly Lower; Baidu Q3 Revenue Drops
Friday, October 28, 2016 - 1:33am | 290Read More...Chinese stocks edged lower on Friday, with the Shanghai Composite dropped 2.18 points, or 0.07 percent to 3,110.17. The Chinese yuan declined against the dollar, sliding to a new six-year low. Baidu Inc (ADR) (NASDAQ: BIDU) reported a drop in quarterly revenue. Its revenue slipped 0.7...
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China Stocks Fall Following Weak Economic Data
Thursday, October 27, 2016 - 1:37am | 180Read More...Chinese stocks dropped on Thursday following weak economic data. The Shanghai Composite dropped 15.63 points, or 0.5 percent to 3,116.31. China’s industrial profits rose 7.7 percent year-over-year in September, down versus the 19.5 percent growth in the prior month, the National Bureau...
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George Soros Starts Shorting Again: Should You Listen To Him? Here's How He's Done Recently
Friday, June 10, 2016 - 10:03am | 473Read More...Bloomberg’s Simone Foxman reported how George Soros’s latest predictions have played out. The report was published after Soros, “the 85-year-old billionaire who broke the Bank of England in 1992,” came out of retirement to short U.S. equities hands-on. Barrick Gold Corp: Win...
