Search Results for: China Market
Asia Stocks Slump as China Shares Drop, Yen Gains: Markets Wrap
April 11th, 2017
Treasury yields fall on geopolitical concerns, Yellen comments Crude futures steady after longest winning streak of the year Asian stocks fell as Chinese shares slumped and the yen weighed on Japanese equities. Treasuries climbed amid increasing caution about geopolitical ...
Stocks Weaken After China Data, Treasuries Lower: Markets Wrap
March 9th, 2017
China’s producer prices rose the most since 2008 in February Greenback gains, Treasuries hold slide on private jobs data Equity markets outside Japan declined after data showed Chinese producer prices rising at the fastest pace since just after the ...
Dollar Drops on Yellen Comments, China Shares Rise: Markets Wrap
January 20th, 2017
Shanghai equities advance as GDP growth tops forecasts Gold heads for fourth weekly gain before Trump inauguration The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended ...
Dollar edges up from 5-week low vs yen, markets brush off China trade data
January 13th, 2017
The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen JPY=EBS, up ...
China opens its huge 8.4 trillion payment cards market to foreign firms
June 10th, 2016
China will allow foreign payment card companies to operate in the country under rules issued on Tuesday, potentially giving groups like Visa Inc (V.N) and MasterCard (MA.N) access to its 55-trillion-yuan ($8.4 trillion) card payment market. Visa and MasterCard, ...
Asia markets mixed as traders digest central bank decisions, China data
March 10th, 2016
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was up 1.45 percent. South Korea’s Kospiadded 0.82 percent, while Down Under, ...
China Stocks Plunge More Than 6% as Money-Market Rates Increase
February 25th, 2016
China’s stocks tumbled the most in a month as surging money-market rates signaled tighter liquidity and the offshore yuan declined for a fifth day. The Shanghai Composite Index sank 6.4 percent at the 3 p.m. close, extending its declines ...
Asia markets retrace some losses, China bucks trend
January 14th, 2016
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade down 2.86 percent, weighed by commodities and machinery sectors. Earlier, ...
More foreign institutions allowed on China’s forex market
January 13th, 2016
China’s central bank allowed more overseas central banks and similar institutions to enter the country’s inter-bank foreign exchange market on Tuesday. Seven such institutions completed registration with the China Foreign Exchange Trading System, which signaled their official access to ...
European markets: FTSE and European stocks shrug off worries over China slowdown
January 11th, 2016
European equity markets kicked off the week on an upbeat note, as investors shrugged off yet another dismal session in Asia, which saw stocks plunge to their lowest level in more than four years. Early on in the European ...
