Donna Kwok, Senior China Economist at UBS, says the Plenum meeting will accelerate fiscal reforms. She adds that data on Tuesday may show the economy grew 7.1 percent in the third quarter.» Read More
Treasury Secretary Henry Paulson said Friday that China was not moving quickly enough on currency reform, and said he hoped high-level talks next month would produce results.
Celeb comedienne Judy Gold needs help--she's in 7th place, down from 6th after once being in 2nd! (she prefers to remember that day). So, Judy made a visit to The Solaris Group and talked with managing partner Tim Ghriskey. (the firm may never be the same again). It seems she tried a new strategy--shedding tears in order to get the right picks. Here's the video of her day at Solaris.
Hey everyone, guest blogger Jeff Mishlove is here with his picks for this last day of the trading week. We'll get right to his thoughts: Wednesday’s picks illustrated the principle (I’ve often emphasized on CNBC’s “How to Win” program) that the short-squeeze strategy is productive of large moves in both directions. Of course, I am not privy to inside information, so if the earnings report is below expectations, we can see a large downward move..
Time to put back Jonathan Tucker's photo in the blog post as the actor has pushed out poker champion Chris Moneymaker from the top spot in Trading With The Stars. Jonathan is now followed by fellow actor Stephen Collins in 2nd. Moneymaker lost on Cubist Pharma which fell 7.46% Thursday. It's a close race between the top 3, with only....
Henry Kravis, founding partner of Kohlberg Kravis Roberts, didn't want the cameras to be rolling on his speech at the Committee of 100's "Bridge to Change" conference yesterday. But we were taking notes, on some very interesting comments not just about private equity in China, but about what he calls "the golden age" of private equity globally.
Global emerging markets, or GEMS, entice would-be investors with the potential of big returns. The growth of these markets over the past few years has been impressive. In 2006 alone, the MSCI Emerging Markets index rose 29%, led by an extraordinary 53% gain in its four biggest countries — Brazil, Russia, India and China.
China's economy grew at a blistering 11.1% annual pace in the first quarter on the back of booming investment and exports, fuelling speculation that interest rates would need to rise again soon.
China CITIC Bank raised US$5.4 billion by pricing its share sale at the top of an indicated range as investors crowded into the world's biggest initial public offering (IPO) this year, sources close to the deal said on Friday.
Investment strategists and economists have weighed in on China's uncanny 11% growth. How does the Bush Administration view the Asian powerhouse? Rob Portman, of the Office of Management and Budget, joined CNBC's Maria Bartiromo on "Closing Bell" to talk about the "good news."
Mike Malone, equity and trading analyst for Cowen and Co., told CNBC’s “Closing Bell” that he remains bullish despite downbeat economic news at home and in China.
How can investors play China's phenomenal 11% growth? Christopher Smart, who manages the Pioneer Emerging Markets Fund, and Guojia Zhang, portfolio manager for the Delaware Emerging Markets Fund, gave "Street Signs" viewers their favorite Chinese stocks.
Where are U.S. markets headed if China cools down inflation? Art Hogan, managing director at Jefferies, and Sam Stovall, chief investment strategist at Standard & Poor's, gave "Morning Call" viewers their answer: "We go higher."
Hey folks, time for the day's trivia questions. Here they are. The video question is worth $2,000 Bonus Bucks: According to this morning’s report, China’s first quarter GDP was up how much? The selection of answers are: 5.7% or 8.5% or 10.2% or 11.1%. The news trivia question is worth $1,000 Bonus Bucks: Merck reported that revenue climbed from the same quarter last year, boosted in part by sales of what cholesterol drug? The selection of answers are: Lipitor or Plavix or Zetia or Remicade.
The International Monetary Fund is "meddling" in China's affairs by saying the country needs a more flexible exchange rate policy, a state newspaper said in an editorial on Tuesday.
China's sizzling economy surged 11.1% in the first quarter, causing the country's Cabinet to declare it will take steps to keep the economy from overheating. The pledge by the State Council came after the government announced that inflation rose to its highest level in more than two years.
First, Americans started spending more on their pets than their kids. Now we just don't want to be around the children at all! A survey by ModernMom.com found that if moms were given an extra hour of free time every day (which would actually be the only hour of free time they'd have), 36% would use it sleeping, 19% would like to get a manicure or massage, and only 6% would spend that extra hour with the kids.
China's rapid growth is a double-edged sword and today it is cutting into world equities markets. Asian and European markets were lower and U.S. stocks are pointing at a weaker opening, with the Dow, fresh off a new high, looking particularly wobbly. Earnings news is also setting the tone.
China's gross domestic product in the first quarter grew 11.1 percent from a year earlier, compared with a 10.4 percent annual rise in the fourth quarter of 2006, the National Bureau of Statistics said on Thursday.
Overregulation is driving businesses out of the U.S. and into Europe, Asia and Bermuda, Hank Greenberg told CNBC’s Sue Herrera on “Power Lunch.”“It applies also to why IPOs are going to London or Hong Kong and why private equity is growing as rapidly as it is, because public companies are overregulated,” said the CEO of investment firm C.V. Starr and former chairman and CEO of American International Group. Federal and state lawmakers are partly to blame, he added.
The International Monetary Fund (IMF) is "meddling" in China's affairs by saying the country needs a more flexible exchange rate policy, a state newspaper said in an editorial on Tuesday.