Art Cashin of UBS Financial Services talks about some technical indicators that could be signaling a coming selloff.» Read More
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.
U.S. stocks are setting up a relief rally this morning after yesterday's high velocity selloff. World stock markets continue to spin lower, starting with Asia last night where most markets suffered losses. The exception was the market that started it all, China's Shanghai stock market, which recovered more than a third of Tuesday's losses.
Government efforts to cool China's stock market may rattle global investors for a day now and then but they may help in the long run.
Andy Brough, Fund Manager at Schroders, doesn’t need my support, but I’ll offer it anyhow. Nice to have a money manager on the programme who makes a point of trying what he is buying.
Best Buy plans to open about 130 stores in the United States, Canada and China during its fiscal year beginning March 4, the company said today.
A top Chinese government research institute forecast on Tuesday that gross domestic product growth would slow moderately in the first half of this year while inflation would rise.
Falling oil and weaker global markets are the backdrop for a likely lower opening in U.S. stocks this morning. Saudi Arabia's oil minister Ali Naimi knocked the wind out of oil prices early today. In an interview with the Wall Street Journal, Naimi said he was satisfied with market conditions and that OPEC may not need to change output.
China posted a chunky trade surplus for January of $15.88 billion, propelling the rolling 12-month total to a record high.
"If the market's going up, why am I so worried?" That sounds like a question from a self-help group. It encapsulates a lot of the viewer feedback we are receiving on "Squaw Box" at the moment.
U.S. Treasury Secretary Henry Paulson told lawmakers that the U.S. is seeking benchmarks for actions to open China's economy to more U.S. goods and services.
African nations like Sierra Leone and Namibia might not seem like they would be the first place investors looked to put their money. But they are exactly where China has been investing heavily over the past couple of years. And that raised the question--why is the world’s most populous nation pouring money into the world’s poorest continent?
The Bush administration on Friday filed a complaint with the World Trade Organization, accusing China of improperly subsidizing its own firms. "Power Lunch" heard from two experts on international trade, who debated whether the filing was smart, hard-edged economic brinkmanship -- or a savvy political move to mollify Congressional Democrats and others who demand White House action on vanishing U.S. manufacturing jobs.
We’ve been telling you of the huge run-up in the Chinese stock market lately. It has had some froth let out in the past weeks, but the bubble still seems like it could burst for good any time now. Reporting for CNBC, Cheng Lei looked at the day-to-day trading environment in China.
Stocks in the U.S. for now, look ready to run at the opening bell, continuing yesterday's Fed triggered rally. Some fresh data, pending home sales, auto sales, and some big earnings, including oil companies, are the headlines investors will watch today. Chinese stocks stabilized overnight, and Japanese shares rose.