Search Results for: yuan
Asia Stocks Cut Gain as Emerging Currencies Fall on China
April 10th, 2014
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...
Stock Futures Rise as Dollar Holds Yen Gain Before Data
April 4th, 2014
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...
Asian Stocks Rise on Stimulus as Oil Drops With Copper
April 3rd, 2014
Asian stocks rose for a seventh day in the longest rally this year as the Japanese yen reached a two-month low and China’s government announced stimulus measures. European equity index futures, copper and oil fell. The MSCI Asia Pacific ...
Citic Pacific Said to Plan About $4 Billion Share Sale to Public
March 27th, 2014
Citic Pacific Ltd. plans to sell about $4 billion of shares to restore its public float after absorbing assets from state-owned parent Citic Group Corp., people with knowledge of the matter said. Citic Pacific may approach sovereign wealth funds ...
China Manufacturing Gauge Falls as Slowdown Deepens
March 24th, 2014
China’s manufacturing industry weakened for a fifth straight month, according to a preliminary measure for March released today, deepening concern the nation will miss its 7.5 percent growth target this year. The Purchasing Managers’ Index from HSBC Holdings Plc ...
Asian Stocks Rebound From Biggest Decline in Seven Months
March 21st, 2014
Asian stocks rose, with a regional index of shares outside Japan rebounding from the biggest loss yesterday since August. Li & Fung Ltd. surged 18 percent in Hong Kong after the world’s largest supplier of clothes and toys to ...
Asia Stocks Drop on Fed; H-Share Index Near Bear Market
March 20th, 2014
Asian stocks fell, with a gauge of Chinese shares in Hong Kong poised to enter a bear market, after the Federal Reserve signaled it may raise U.S. interest rates from the middle of next year. Newcrest Mining Ltd. (NCM), ...
Dollar Strengthens as Gold Declines Before Fed Decision
March 19th, 2014
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...
Dollar Gains as Stocks Fluctuate With Bonds Before Fed
March 19th, 2014
The dollar gained against most major currencies while Treasuries and German bunds fluctuated with European stocks before the Federal Reserve decides monetary policy. China’s yuan dropped to the lowest in 11 months amid concern that more companies will default ...
China real estate firm at risk of bankruptcy
March 19th, 2014
Another one bites the dust: A Chinese real estate developer is on the verge of bankruptcy, and is expected to default on millions in debt — the latest sign the government is willing to let some pawns fall ...
