Wall Street is increasingly concerned a tumble in commodity prices and the latest sales numbers from Caterpillar portend a further slowdown in China.» Read More
BEIJING— China's stock market benchmark falls 5 percent after announcement brokers under investigation.
China Haitong Securities is under investigation by the country's stock watchdog for alleged violation of securities regulations.
SHANGHAI, Nov 27- China's onshore yuan softened against the dollar on Friday after the central bank set the midpoint at a three-month low, ahead of the International Monetary Fund's board meeting on Monday that is set to decide on the yuan's inclusion in its reserve basket. The People's Bank of China set the midpoint rate at 6.3915 per dollar prior to market open,...
*Euro finds some support at $1.0600, but still under a cloud. *U.S. trading to end early on Friday after Thanksgiving. TOKYO/ SYDNEY, Nov 27- The dollar, euro and yen stuck to familiar ground on Friday in thin trade after the U.S.
MANILA, Nov 27- Most base metals in Shanghai and London took a breather on Friday following recent sharp gains that have aluminum eyeing its second-best week this year and nickel also up sharply after an early-week rout that dragged prices to multi-year lows. A spike in Shanghai nickel in the past two days, amid talk of potential production cuts by Chinese...
China will shake up its military by establishing a joint operational command structure and rejig existing military regions as part of overall reforms.
China's data doesn't add up to the country's 7 percent growth target, warns David Kuo, CEO of The Motley Fool Singapore.
Profits earned by Chinese industrial companies fell 4.6 percent in October from a year earlier, data from the statistics bureau showed on Friday.
MANILA, Nov 27- Most base metals in Shanghai and London took a breather on Friday following recent sharp gains that have aluminium eyeing its second best week this year and nickel also up sharply after an early-week rout that dragged prices to multi-year lows. A spike in Shanghai nickel in the past two days, amid talk of potential production cuts by Chinese...
China is at the center of the Asian corporate debt story and is causing deflationary pressures, says Jonathan Pain, author of the Pain Report.
China's slowdown will be a long-term trend regardless of what the People's Bank of China does, says Dickie Wong, executive director of Kingston Securities.
Rising use of margin debt by investors in Chinese markets might affect its bounce-back, says Richard Iley, chief economist for emerging markets at BNP Paribas.
If after months of hearing about COP21, you're still confused about what the fuss is all about, this will make it clear and easy.
Chinese stocks had their worst day since August after authorities revealed more about their investigation into the summer rout that wiped billions of dollars out of its stock market.
Adrian Zuercher, executive director and head of asset allocation for Asia at UBS, says Asian markets were either flat or slightly down, with the exception of Japan.
Market sources predict iron ore prices could go below $40 per tonne, says Annalisa Jeffries, associate editorial director for Asia metals at Platts.
*China's insurers on recruiting surge for sales agents. *Mis-selling in Korea, Japan grew with part-time agents. In an immature market with less than half the penetration of the United States, and about a quarter of Japan's, China's insurers tapped the rising demand mainly by selling through banks, until regulators curtailed that channel last year over concerns...
CITIC Securities, China's biggest brokerage, and smaller rival Guosen Securities are under investigation by regulators.
Veteran emerging markets investor Mark Mobius has warned of a worse-than-expected slowdown in Chinese steel production.
LONDON, Nov 26- The collapse in metal prices this year is all about China. But China is also the source of an entirely new driver of lower prices in the form of massive speculative short selling. Open interest and volumes have surged across all the industrial metals contracts traded on the Shanghai Futures Exchange.