Search Results for: Shanghai Composite Index
China stocks volatile after Beijing acts to avoid crash
July 6th, 2015
China stocks remained volatile on Monday, despite a series of dramatic steps by officials over the weekend designed to support markets. After opening with a gain of roughly 7%, the benchmark Shanghai Composite was trading 2.2% higher on Monday. ...
Oil Faces Steep Downside Risk From China’s Stock Market
July 1st, 2015
Oil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing output from OPEC, a nuclear deal with Iran, the turmoil in Greece – but one has not ...
China stocks are giving investors a nasty case of whiplash
June 30th, 2015
China stocks resumed their volatile decline on Tuesday, compounding losses that have erased trillion of dollars in market value in recent weeks. The Shanghai Composite dropped as much as 6% in morning trading, before bouncing back. The performance pushed ...
Asia stocks bounce back but Greece uncertainty still looms
June 30th, 2015
Asian stock markets bounced back Tuesday, recouping some of the previous day’s sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan’s benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after ...
China’s stock market is now worth over $10 trillion
June 15th, 2015
$10 trillion! That’s how much money China’s stock market is worth right now. As of the end of May, the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange clocked in at $4.4 trillion, ...
Asian stocks slightly higher after Wall Street drifts
June 10th, 2015
Asian stock markets crept higher Wednesday after Wall Street steadied and index compiler MSCI signaled Chinese shares will eventually be included in global benchmarks, a development that could attract more portfolio capital to the region. KEEPING SCORE: Japan’s Nikkei ...
Asian shares swoon, dollar on defensive
June 9th, 2015
Asia shares sank in a sea of red on Tuesday as speculation of U.S. rate rise as early as September hit emerging markets generally, while failing to give a lasting lift to the dollar. A steady start soon gave ...
China’s yuan ‘no longer undervalued’: IMF
May 27th, 2015
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 declared that the yuan is “no longer undervalued.” “Appreciation over ...
Nasdaq Taking Apple, Microsoft to Shenzhen With Tech Stock ETF
May 22nd, 2015
Nasdaq OMX Group Inc. is seeking to tempt Shenzhen stock investors with Apple Inc. and Microsoft Corp. amid a rally in Chinese technology shares that’s making the U.S. dot-com bubble look subdued. Nasdaq will start a exchange-traded fund in ...
China’s central bank is just getting started
May 11th, 2015
China’s central bank is just getting started with its efforts to shore up the country’s struggling economy. The People’s Bank of China announced new interest rate cuts over the weekend, the third such action since November. The central bank’s benchmark one-year ...
