“Mad Money” host Jim Cramer makes a call on the best industrial stock of 2015 and wants investors to buy it.» Read More
*China appetite for base metals hit by slowing economy. HONG KONG, Oct 9- Most base metals will face tepid demand in China in 2016 as the economy slows in the world's largest consumer of the commodities used in everything from jet engines to cooking utensils, although there is some hope appetite will strengthen later in the year. "Domestic demand won't be very good...
Dr Guo Yu, head of Asia at Verisk Maplecroft, explains the significance of North Korea's celebration of the founding of the ruling Communist Party.
Manish Singh, strategist and head of investments at Crossbridge Capital, expects the Chinese currency to rise in strength and challenge the dollar in the long term.
*China's Q3 earnings season kicks into gear. SHANGHAI, Oct 9- China and Hong Kong stocks rose on Friday, tracking gains in global markets on growing expectations that the U.S. China's flagship indexes extended Thursday's 3 percent gains.
SHANGHAI, Oct 9- China's yuan edged up in thin trade on Friday after the central bank set a stronger midpoint and after the dollar dropped on expectations that the U.S. "The market was sluggish as demand for foreign currencies sagged," said a trader at a Chinese commercial bank in Shanghai. The People's Bank of China set the midpoint rate at 6.3493 per dollar prior to...
Consensus for Fast Retailing earnings was more than 15 percent above the company's own forecast for the FY 2016, says Mikihiko Yamamoto, consumer senior analyst at BNP Paribas Securities.
MELBOURNE, Oct 9- London zinc surged three percent on Friday after top miner Glencore said it would slash its annual output by a third, while overall sentiment for metals was buoyed by minutes showing the Federal Reserve was in no hurry to raise rates. *Shanghai zinc gained 1.4 percent to 14,020 yuan a tonne. *Commodities giant Glencore said on Friday it will cut...
Independent economist Andy Xie notes that while China's domestic consumption growth might not be strong enough to prop up the economy, it's still a positive figure.
Macau's strong activity over the Golden Week suggests that seasonal casino and gaming trends are intact, says Grant Govertsen, MD at Union Gaming Group.
Investors will watch U.S. earnings for spillover effects from China's slowdown and Fed rate moves, says John Petrides, MD and portfolio manager at Point View Wealth Management.
Now Beijing faces a political headache after the Fanya Metal Exchange in southwest China said it cannot pay investors their principle. He was among about 150 protesters in front of the Shanghai office of China's banking regulator. Similar demonstrations have been held in recent weeks in Beijing and Shanghai.
*Appetite for plastic wrapping, packaging remains strong. SINGAPORE, Oct 9- Asian demand for plastic is set to defy economic slowdown in top consumer China and other nations, growing as plunging oil prices make it cheaper to churn out and as fast-expanding online markets boost appetite for items like packaging and wrapping. Prices in China for polyethylene, the...
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
There is one reason to be bullish on China despite its recent downturn, Andres Garcia-Amaya said.
What names will sink after reporting earnings dragged down by China? Two traders discuss.
CNBC's Eunice Yoon reports from China's ancient and westernmost city Kashgar, which will be a linchpin along the revived trade route under China's 'One Belt, One Road' initiative.
Karakoram Highway which links China to Pakistan, is one of the most elevated international roads in the world and is set to undergo an infrastructure upgrade costing around $46 billion.
NEW YORK, Oct 8- The dollar fell to one-week lows against the euro and yen on Thursday as investors grew cautious about the impending release of minutes of last month's U.S. "While financial market volatility has eased somewhat since the Fed's last meeting, many doubts about the health of China and emerging economies remain, which is likely to dampen the prospects...
BEIJING, Oct 8- China said on Thursday that it does not feel targeted by the U.S.-backed regional trade accord, the Trans-Pacific Partnership, but will evaluate the likely impact comprehensively. "The United States and the TPP members have repeatedly said that TPP does not target China, and it's not intended to deter or exclude China," Gao was quoted as saying.
LONDON, Oct 8- The dollar weakened past $1.13 per euro for the first time in a week on Thursday on nervousness over what kind of message Federal Reserve minutes due later will send on the outlook for interest rates and growth. Dealers said any further gains for the euro were likely to be capped around $1.1320, keeping it within a range it has held since the aftermath...