Hayden Briscoe, director of Asia Pacific Fixed Income at AB, says the rise in funding rates following a rate cut over the weekend could mean that China's policy transition mechanism is broken.» Read More
Jordan Kotick, global head of technical analysis for Barclays Capital, told CNBC’s “Closing Bell” that Monday's market downturn won’t hurt long-term prospects for stocks. He also said he’s bullish on global equities and suggested investors look at Brazil, Russia, India and China for values.
In a wide-ranging interview with CNBC’s Scott Wapner at the annual Tavistock Cup in Florida, the South African golf star talks about investing and the world of golf.
Growth in Asia's developing economies should ease to 7.6% in 2007 from last year's 11-year peak as expansion in industrialized nations slows, the Asian Development Bank (ADB) said on Tuesday.
Chip giant Intel said on Monday it would invest $2.5 billion to build a microchip plant in northeastern China, with the production of chipsets to begin in 2010.
Hong Kong leader Donald Tsang on Sunday won five more years as chief executive in an election the loser called "rigged", but which followed an unprecedented campaign that tested the limits of political openness in China.
Bank of China, the mainland's No. 2 lender by market value, said on Thursday second-half profit more than doubled, beating expectations on strong loan growth and returns from its investment portfolio.
Speaking about the correction, of course! Well, in percentage terms it didn’t even qualify as that, except perhaps in China. But even the Shanghai market is back in rollicking form.
David Bianco, U.S. Equities Strategist for UBS, told CNBC’s “Squawk on the Street” that the S&P 500 offers investors a solid play on the strong global economy.“The S&P 500 has material exposure to the global economy,” Bianco said Wednesday. “I’m often reminding clients that the global economy and business spending are more important to S&P 500 earnings than consumer discretionary spending.”He likes consumer staples such as Coca-Cola and Proctor & Gamble, but said he’s over-weighted in industrials, technology and energy stocks, especially oil field services.
We've got some of the latest contest statistics on most active, widely held, etc. So, without any further introduction, here they are. The numbers are as of Tuesday, March 20, 2007.
Thomas Donohue, chief executive officer of the U.S. Chamber of Commerce, told CNBC’s “Squawk Box” that a recession is unlikely this year.He said consumer spending is up, the housing market appears to have bottomed out and exports are growing.“I think we’re going to (have economic growth) between 2% and 2.5%,” Donohue said Wednesday. “I don’t think we’ll hit a recession. I think the Fed will be helpful.”
Dell, the world's second-largest personal computer maker, unveiled a low-cost PC for China, its fastest-growing market. The PC is priced from about $335 to $520.
China will stop stockpiling its massive foreign reserves, China's central bank governor Zhou Xiaochuan said in an interview published Tuesday.
Peter Georgiopoulos, chief executive officer of Genco Shipping & Trading and General Maritime, told CNBC’s “Street Signs” that worldwide demand for dry-bulk and oil shipping remains strong, suggesting a solid global economy.
As of now, actor James Cromwell is currently in 6th place in "Trading With The Stars." Last Friday he had gained $10,510 to end the day at $994,231.01. As "Power Lunch" host Bill Griffeth said today James has the other celebs "right where he wants them." Maybe. With his "interesting" picks, (in other words, not so hot)...
Quincy Krosby, chief investment strategist at The Hartford, told CNBC’s “Squawk on the Street” that the market is keeping an eye on possible fallout from the troubled sub-prime mortgage sector.“I think that’s what the market is bracing for -- if the collateral damage erodes overall economy, GDP and moreover confidence and liquidity,” she said Monday.
China's central bank said Saturday it will raise key interest rates by more than a quarter percentage point in a move to cool torrid economic growth.
Volkswagen's joint venture in China, Shanghai Volkswagen Automotive, has cut its car prices by up to 11,000 yuan ($1,420; 1,000 euros) to improve competitiveness, the company said Friday.
China will take steps to contain a renewed burst in bank lending and a larger-than-expected rise in the country's controversial trade surplus last month, senior officials said on Friday.
China's legislature passed a milestone property law Friday, strengthening protection for private businesses and property, and also revised a tax law to cut out preferential rates for foreign companies.
Fears that China's economy might slowdown played a large role in the violent sell-off last month. But the calendar has advanced and so have China’s fortunes. Today that nation reports higher-than-expected industrial production. And unlike our Dow, China’s Shenzhen is back to its old highs.