The Shanghai Composite Index tumbled 3.55% on Friday, to close at 2,900.97, after the People’s Bank of China (PBoC) said Chinese commercial banks issued 597.8 billion
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The Shanghai Composite Index rebounded 0.85%, to close at 3,563.74 on Tuesday, after tumbling 2.18% the previous trading day over concerns about Chinese industrial profits
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Goldman Sachs CEO and Chairman Lloyd Blankfein told The Wall Street Journal Editor Gerard Baker last week that China's broad stock market intervention was "ham-handed" and
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The Shanghai composite index pulled back another 1.68% on Tuesday to close at 3,663.00, after Monday’s major meltdown of 8.48%. There were reports that brokerages, who
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China finally woke up after almost $3 trillion in market cap got wiped out from the Shanghai and Shenzhen stock exchanges. The Chinese markets are crashing on a daily basis, as
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The dollar-yen exchange rate didn’t react much after the two-day Bank of Japan
(BOJ) policy meeting turned out to be a non-event. BOJ Governor Haruhiko Kuroda said on
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China’s Customs Bureau said its January exports fell 3.3% year-on-year, missing expectations of a 6.3% gain. Imports tumbled 19.9%, far worse than the expectations of a 3.3%
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Right after the Swiss National Bank
(SNB) decided to discontinue its three-year minimum exchange rate of 1.20 Swiss francs per euro, unsubstantiated speculations began
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On Tuesday, the International Monetary Fund
(IMF) lowered its forecast for global economic growth in 2015 to 3.5% from 3.8%. The IMF also trimmed China’s GDP growth to
6.8% ...
China’s November Consumer Price Index (CPI) and Producer Price Index
(PPI) just came out. The CPI printed at 1.4% year-on-year, below the expectations of 1.6%, a 5-year low. The
PPI, which is already reading negative, came in at ...
