With the government becoming long-term shareholders, the Shanghai Composite will likely stay rangebound between 3,400 and 4500, says Francis Cheung, head of China and Hong Kong strategy at CLSA.» Read More
Last night, an economic advisor to the People’s Bank of China, Fan Gang, suggested that China may resume a “managed float” of the yuan. He said that a return to the pre-crisis structure may happen particularly if the uncertainty over the economic recovery diminishes.
Having had a son live in Italy for four years some time ago I got very comfortable with the lira. I loved spending a million or two for a cup of coffee. It was an out of mind experience to think in lira type numbers. It looks like there might be a chance to go back to the good old days.
Buy the Chinese yuan if you can, as the currency's value will surge over time, said Jim Rogers, Chairman of Rogers Holdings.
China’s second-largest mobile operator has announced it will remove Google’s search function from new handsets developed with the U.S. company in the first concrete fallout of the clash with Beijing over internet censorship.
Markets around the world are ahead of the economy, said Yuwa Hedrick-Wong, economic advisor at MasterCard Worldwide. He shared his market strategies.
Google shut its mainland Chinese-language portal on Monday and began rerouting searches to a Hong Kong site, over two months after it said it would not accept the self-censorship demanded by China's government. Mark Mahaney, Internet research director at Citigroup Investment Research, shared his insights on the search engine giant.
Doing business in India is more difficult than doing it in China, despite the recent spate of conflicts between Western companies and the Chinese authorities, Lord Peter Levene, chairman of Lloyd's Of London, told CNBC Wednesday.
Cramer looks at the charts for answer.
Stocks ended sharply higher Tuesday after a late rally as investors cheered a better-than-expected existing-home sales report. The Dow gained over 100 points, led by Kraft and Pfizer. Health insurers gave back some of its gains after the prior session's rally.
Plus, find out why the bears can’t catch a break in this market.
Stocks pushed higher Tuesday after a $44 billion two-year note auction and a better-than-expected existing-home sales report. Health care gave back some of its gains after the prior session's rally.
When it comes to China, American business should pay more attention to the the Rio Tinto trial than the Google fight, according to the business icon.
Stocks advanced Tuesday after a report showed existing-home sales fell less than expected last month but health care gave back some of its gains after the prior session's rally.
Whatever you might think about Google, it's difficult to find fault with the company's decision to stop censoring search engine results in China. In doing so, the company has given the country—and the rest of the world—a clear signal that it considers some things more important than building its business. That's a message that's all too rare in this day and age, and the company's leadership deserves to be commended for it.
U.S. stock index futures pushed higher Tuesday following a positive close on Wall Street Monday as investors looked toward key housing data to gauge the strength of the sector.
One of the most fascinating business and investing stories we’ve all been following is whether Google would follow through on its threat to shut down some or all of its operations in China.
As Google prepares to close and exit its China search engine operation, how should investors be playing the company’s stock? Clayton Moran, senior vice president and Internet analyst at The Benchmark Company, shared his insights.
The Shanghai Stock Index could push higher toward 3,400 points or above if it can manage to break out of its current trading range, Daryl Guppy, CEO of Guppytraders.com, told CNBC Monday.
The Democrats' health care reform package could bring a dose of bad medicine for stocks if it passes this weekend, at least in the immediate term.
As the rest of the world worries about economic growth, angry complaints from consumers such as these Indian bloggers have turned Asian policymakers’ minds to a different problem: rapidly rising inflation, the Financial Times reported.