Chinese stocks surge after the nation's top securities regulator got sacked
Whether due to the replacement of Xiao Gang as China’s chief stock market regulator or other factors, Chinese stocks enjoyed a barnstorming start to the week.The benchmark Shanghai Composite index...
View ArticleCHART: FX traders are losing faith in continued US dollar strength
Traders are becoming increasingly cautious about the prospect for further US dollar strength in the period ahead.According to the latest Commitment of Traders report from the US Commodity Futures...
View ArticleVirgin Galactic has unveiled a new tourist spaceship
Richard Branson’s Virgin Galactic has unveiled a new commercial human spaceflight vehicle to take tourists into space.The new SpaceShipTwo (SS2), VSS Unity, named by Professor Stephen Hawking, made its...
View ArticleMobile shopping is doubling in China each year
On the back of strong growth in household income and wealth, retail spending has been one of the few shining lights for the Chinese economy of late.The pace of growth, no matter what method used to...
View ArticleCBA: Stop worrying about China's currency
Despite recent stability in Chinese renminbi, concerns over the outlook for the currency persist across financial markets.The sudden devaluation of the currency in August last year, something many...
View ArticleChinese stimulus could get radical
The People’s Bank of China, like many others around the world, is quickly discovering that monetary policy easing is not delivering the same results today as was previously the case in the past.Slower...
View ArticleChina is about to face a tough decision
Based on the torrent of research notes that have hit our inbox today, the macroeconomic community remains divided over the challenges facing Chinese policymakers in the period ahead.Weaker economic...
View ArticleThe Chinese are worried about their economy
After rattling investors’ nerves worldwide over recent months, it appears that the Chinese themselves are now nervous about recent developments in their economy.The latest Westpac-MNI Chinese consumer...
View ArticleSingapore's economy slowed last year
Singaporean economic growth remained subdued in 2015.According to revised figures released by the Ministry of Trade and Industry (MTI) earlier today, the economy grew by 1.8% in Q4 compared to a the...
View ArticleThe Bank of Japan's massive stimulus program could get even bigger
Despite a less than stellar start to its negative interest rate policy, alongside an increasing chorus of negative opinions from analysts and investors alike, Bank of Japan governor Haruhiko Kuroda...
View ArticleChinese stocks got crushed again
The relative tranquility in China’s stock market came to a shuddering halt on Thursday with stocks plunging by more than 6% in late afternoon trade.The benchmark Shanghai Composite index copped a...
View ArticleHouse prices in the Chinese city of Shenzhen are rising 50% a year - and...
Chinese new home prices continued to recover in January, rising 2.5% from a year earlier.The increase, the fourth in a row and above the 1.6% pace registered in December, marked the fastest...
View ArticleBLACKROCK: Negative interest rates are a dud
Like a growing chorus of analysts, Blackrock’s chief investment officer of global fixed income, Rick Rieder, isn’t a fan of negative interest rate policies.Writing on the fund manager’s blog earlier...
View ArticleCitibank likes the look of emerging market stocks
On the back of enticing valuations and the prospect for a weaker US dollar in the period ahead, equity strategists at Citibank now like the look of emerging market stocks, slapping an overweight...
View ArticleThe problems in the US economy may be more widespread than we think
Markets received the clearest sign yet that something is wrong with the US economy earlier this week.Markit Economics’ flash services purchasing manager’s index (PMI), a gauge that measures changes in...
View ArticleChina's economic transition is in trouble
Activity levels at Chinese manufacturing firms contracted at the fastest pace seen since November 2011 last month, adding to concerns that growth in the world’s second largest economy is continuing to...
View ArticleHSBC: The latest Chinese central bank moves won't revive the economy, but...
The Chinese central bank has cut the reserve requirement ratio (RRR) by 3% to 16.5% and lowered benchmark lending rates by 1.65% to 4.35% since this latest round of monetary easing began in late...
View ArticleREPORT: China wants to lay off up to 6 million workers from 'zombie enterprises'
China is planning to overhaul its “zombie enterprises” by sacking 5-6 million workers over the next two to three years according to a Reuters report.Citing sources with “ties to the countries...
View ArticleInside the £20 million party mansion where Megaupload founder Kim Dotcom was...
The house where New Zealand-based entrepreneur Kim Dotcom held some epic parties – and was also arrested – is up for sale.The incredible mansion in Coatesville, north west of Auckland, which the...
View ArticleAustralia's economy is stronger than anyone thought
Australian economic growth has beaten expectations, rising 0.6% in the final quarter of 2015 in seasonally adjusted chain volume terms.The figure, above expectations for an expansion of 0.4%, left the...
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