For the past year, the turmoil in energy markets has been the biggest event in global financial markets, says David Mann, chief economist, Asia at Standard Chartered Bank.» Read More
The Chinese authorities decided to raise stock trading stamp duty to 0.3% starting on Wednesday from the current 0.1%, a move seen as a bid to clamp down on the overheated market.
There are many ways to play the Chinese market -- both directly and indirectly -- but a lot depends on your risk tolerance.
Rob Lutts, founder and chief investment officer of Cabot Money Management, told CNBC’s “Squawk on the Street” that China is now an established economy. “I think it’s a misnomer to call these ‘emerging economies,’ ” Lutts said. “China has arrived. It has a tremendous foundation for growth.”
An overnight selloff in the Chinese market caused the Shanghai Composite Index to fall 6.5%, just one day after hitting all-time highs. Marc Pado, U.S. market strategist at Cantor Fitzgerald, and J.J. Burns, president of J.J. Burns & Company, joined CNBC’s Mark Haines on “Morning Call,” to discuss whether the exuberance that has driven China’s stock rally will evaporate and hurt global markets.
Lynic Wang dreams of buying his own home. The problem he faces is how to make enough money to buy that dream house in an expensive city like Shanghai. Wang’s solution – invest in the red hot Chinese stock market.
Wall Street is heading for a down day after China's move to cool its overheated stock market with a tax hike drove Shanghai shares down 6.5% and pulled the floor out of stock buying around the world. Asian markets closed lower and European stocks are down across the continent. Some buyers appear to be moving into U.S. Treasurys where rates are slipping this morning.
The morning-after-the-night-before mood is haunting the European bourses from the open Wednesday. Investors could be forgiven for being nervous, the Chinese bourses sold off on news the government is tripling the tax charged on share transactions.
China's former top drug regulator was sentenced to death in an unusually harsh punishment for taking bribes to approve substandard medicines, including an antibiotic blamed for at least 10 deaths.
What value do the comments of a former Fed Governor have? Enough to move markets is the obvious reply.
For all the record highs, February's sell-off served as a stark reminder of the risk investors face when playing the Chinese market. What should you look for?
We told you we think you should play the China-bull market by buying Chinese companies that trade here - but what if you want more? What if you want to buy the whole Chinese market? Or how about owning the markets of countries in the region that will grow with China. There are a number of ETFs, exchange traded funds - that allow you to diversify your exposure to volatile Chinese stocks while still playing the China boom. Which ones should you buy?
You know the China bull story. It's stock market up 50% this year alone. But you don't need to go to China to participate in this rally. You can buy a slew of Chinese companies that trade right here on the NYSE as ADR’s, or American Depository Receipts. What does that term mean for you? It simply means your dollars can directly participate in this historic Chinese bull market. What names should you buy?
China has advised college students to shun share investments amid a nationwide craze for stock markets, where many prices have nearly quadrupled in the past 18 months and experts say a dangerous bubble may lurk.
China's Vice Premier Wu Yi in a speech Thursday night rebuffed U.S. demands for trade and currency reforms. President Bush commented that he was "disappointed." What does this mean for trade relations between the two key economic powers? Morris Reid, former Commerce Department aide under President Bill Clinton, and Kellyanne Conway, president and CEO of The Polling Company, gave their opposing views on "Morning Call."
James Moore, former Assistant Secretary of Commerce, told CNBC’s “Squawk Box” that trade talks with China earlier this week have produced “modest” results.
Stock futures are aiming at higher territory this morning after yesterday's rocky session. Asian markets were lower and Europe is mixed, but a round of merger activity has stock prices perking up on Wall Street. Existing home sales data will be a big focus this morning after yesterday's report of a surprising 16% jump in April new home sales.
China is willing to promote flexibility of its currency, but it will keep the yuan "basically stable at a reasonable, balanced level," Vice Premier Wu Yi said on Thursday.
Singapore state investor Temasek Holdings will join Singapore Airlines to acquire a stake of up to 25% in China Eastern Airlines, Hong Kong's South China Morning Post reported on Friday, citing unnamed people familiar with the deal.
U.S. lawmakers stepped up pressure on China over trade on Wednesday, giving mixed reviews to high-level economic talks and urging China's top economic envoy to address complaints about China's currency.
We pride ourselves in being able to pick out the news when presented with “raw data” -- be it a live speech, event, interview, or enterprise story. I do have to admit, however, there is one form of “raw” news that I find a bit intimidating: the legal document. ... And: We’re still abuzz today over the market’s Wednesday tanking at the hands of former Fed chairman Alan Greenspan. Our show producers often ask me why the markets made a sudden move, but yesterday’s drop from early gains was downright baffling at first...