SHANGHAI, May 27- Growing uncertainty over China's monetary policy and economic health is keeping investors from making bets in the country's stock and money markets, sending volumes plunging. Stocks slumped earlier this month after the People's Daily quoted an "authoritative person" as saying China may suffer a financial crisis if the government relies too... » Read More
LONDON, Dec 3- Copper hit a one-week low on Thursday as the U.S. dollar soared on comments from the Federal Reserve about interest rates, and as worries over flailing demand in top copper user China persisted. Also boosting the dollar versus the euro were expectations that the European Central Bank will cut its deposit rate further on Thursday and extend its 1.1...
TOKYO, Dec 3- Asian stocks slipped and the dollar advanced on Thursday after hawkish comments from Federal Reserve Chair Janet Yellen reinforced the case for an interest rate hike later this month. Spreadbetters saw Britain's FTSE, Germany's DAX and France's CAC opening down in line with Asian stocks. Shares in Hong Kong, Malaysia and Singapore also declined.
LONDON, Dec 2- European stocks hovered at a 3- month high and the euro was just above a 7-1/ 2- month low on Wednesday, as euro zone inflation remained barely visible and underlined just why the ECB is set for more stimulus. Asian shares and the dollar had both wobbled overnight after weaker than expected U.S. manufacturing data, though European investors were still...
Tim Seymour, Triogem Asset Management, and Wells Fargo's Paul Christopher discuss Goldman pulling the plug on its BRIC fund, and comments from the CEO of Maersk about a slowing global economy.
A Wall Street bank is ending an era of investing in four developing economies.
Goldman Sachs, once the most energetic sponsor of the "Bric" investment theme, has quietly stepped away from it, the FT reports.
While the US has been busy worrying about "too big to fail," China's largest banks have just been getting larger, says analyst Dick Bove.
Martin Sorrell, CEO of WPP, says that while he remains an unabashed bull on BRICS, there’s reason to be particularly positive on India.
President Xi Jinping said China would avoid a hard landing though he acknowledged some downward pressure on the world's second largest economy.
With BRICS entering recessionary scenarios, there’s little to get them out of this, except reforms, says Simon Quijano-Evans, head of emerging-markets research at Commerzbank.
Computer maker Dell will invest $125 billion in China over the next five years, its chief executive said on Thursday.
The Bank of Japan trimmed its economic growth forecast on Wednesday but held off on offering fresh stimulus.
Chris Weafer, founding partner at Macro-Advisory, discusses the relationship between Russia and China.
Sumedh Deorukhar, senior economist for emerging Asia at BBVA Hong Kong, says this week's BRICS summit faces uncertainty surrounding Greece, Chinese stocks and a looming Fed rate hike.
Stuart Quint, senior investment manager and international strategist at Brinker Capital, explains why this week's BRICS summit may be dominated by politics, instead of economic issues.
Alex Muromcew, managing Director at TIAA-CREF, says a rush to reverse underweight positions among institutional investors, alongside more policy easing, will take Chinese stocks higher.
China's inflation was more muted than expected in April and producer prices fell, adding to concerns about growing deflationary pressures.
China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation.
U.S. Treasury Secretary Jack Lew will press Chinese officials next week to adopt a more market-determined exchange rate policy, Treasury officials said on Friday.
China's officials are turning to Japan for economic history lessons, determined to avoid the long recession and deflation that blighted its neighbor.