Concerns by Europe's top funds watchdog that the Hong Kong-China trading link may not adequately protect investors are preventing thousands of funds from buying Shanghai stocks.» Read More
China's central bank said on Monday that it would gradually promote reforms of the yuan's exchange rate regime and improve its foreign exchange management this year.
Chinese Commerce Minister Bo Xilai said that the country was preparing a range of policies aimed at capping its huge trade surplus, but he stressed that their impact could not be seenovernight.
That hour of sleep you lost this weekend thankfully was not over the stock market's performance last week. After starting Monday on the edge of what could have been an ugly precipice, Wall Street by Friday recovered some of its losses and a good deal of confidence.
Stocks are hesitant ahead of the jobs data, which will be a key driver of direction today. Asian markets were mostly higher while European markets are lower this morning.
Unification of China's corporate income tax rates will not have a big impact on inflows of foreign direct investment because some sectors will still enjoy preferential rates, Finance Minister Jin Renqing said on Friday.
Where is the suddenly turbulent market going? The answer may be up for grabs, but one thing seems certain: all investors should factor in Friday's jobs report. Two strategists -- one equity, one bonds -- gave their views on "Power Lunch."
Rob Lutts, founder and Chief Investment Officer of Cabot Money Management, told CNBC’s “Squawk on the Street” that there are solid investment opportunities in China, India, Brazil and Russia. “The middle class [in these countries] is just evolving,” Lutts said. “Hundreds of millions of people over the next ten years are going to go from earning $500 a year to $5,000...
John Carey, a portfolio manager at Pioneer Investments, says large cap stocks now offer solid value through international operations and dividends. He says the rally in small- and mid-cap stocks has run its course.
What goes up can go down and then back up again. U.S. stocks, for now,look ready for lift off at the opening, after yesterday's relatively quiet session left prices slightly lower.
Inflation has been tamed and a slowing economy, underscored by an increase in unemployment, will lead the Federal Reserve to cut interest rates this summer.
U.S. Treasury Secretary Henry Paulson arrived in Beijing Wednesday to lobby high-level Chinese officials for action to end Beijing's controversial currency controls and rein in its bulging trade surplus.
For the last 20 years, Dennis Gartman's daily musings on commodity and other markets has become required reading for every serious trader, hedge fund manager and analyst out there. Top traders including our own Eric Bolling consider Gartman to be one of the most insightful strategists in the world... and on tonight's Fast Money not only did he honor us with a visit he revealed why he's calling for a global bear market.
Volkswagen aims to increase its market share in China after sales to the Asian country boosted VW's group unit sales by 7.6% in the first two months of this year, it said on Tuesday.
Investors watching the market's wild swings over the past week may well be wondering what--if anything--they should do about their portfolios. While market pros advise against making any major changes right away, they say now is a good time to start adjusting your investments.
China plans to cut its 2007 budget deficit to 245 billion yuan, or 1.1% of gross domestic product. China will also consider widening the yuan's daily trading range when necessary but has no timetable for doing so.
China will deepen financial market reforms, restructure state policy banks and accelerate development of the rural financial system, according to excerpts from Premier Wen Jiabao's speech seen by Reuters.
It was a turbulent week for China's fledging stock market with Chinese investors watching the drama unfold before their eyes last week. And the drama is likely to carry on this week with plenty ups and downs to come.
Four days, five-hundred points and a forecaster's nightmare. A dozen top analysts weigh in on the week that was.
Many of those seeking reasons for Tuesday's market meltdown have turned from China to Japan. Two forex experts told CNBC's Liz Claman why the global shock may have more to do with Tokyo than Shanghai -- or New York.
As Tuesday's market meltdown shows, China has to walk a fine line when it tries to reign in its surging economy. A suggestion by China's government that it might curb excessive speculation in stocks triggered an 8.8% plunge in the Shanghai Composite Index and set the stage for a global market selloff.