Michael Kurtz, Global Head of Equity Strategy at Nomura, discusses reports that the People's Bank of China injected liquidity into the country's top five banks.» Read More
With stocks in Europe and the U.S. falling to 7-week lows and plenty of gloom around, investors may be hard-pressed to find cheer this Thanksgiving. But if you were forced, in between Turkey bites, to list some reasons to be thankful for, we’re offering you five.
As global growth worries are coming to a head, China's policymakers are increasingly facing a tough choice: whether to get serious about ending their long-reliance on exports to power gross domestic product (GDP).
As China’s economy has begun to slow, more and more entrepreneurs are finding themselves unable to meet debt payments on which interest rates often run as high as 70 percent in the thriving unregulated, loan system. The NYT reports.
China's gross domestic product growth slowed to 9.1 percent in the last quarter, its slowest pace in two years. But one fund manager says the moderating pace is exactly what the Chinese government wants and he remains bullish on the country's stocks.
Disappointing Chinese GDP (gross domestic product) figures for the third quarter come amid increasing worries about inflation and local government debt in the economic powerhouse.
The chairman of the US Federal Reserve has accused China of damaging prospects for a global economic recovery through its deliberate intervention in the currency market to hold down the value of the renminbi. The FT reports.
Global stocks have dropped by more than 20 percent since late July, but one strategist says he expects stocks to bounce back by year-end because of further Federal Reserve easing.
China’s easing inflation and concerns of a global economic slowdown have prompted expectations that Beijing is done with tightening for now. One senior market watcher, however, is going a step further, expecting the central bank to start easing monetary policy.
Beijing is likely to face international pressure to allow its currency to appreciate faster as national trade with other countries remains robust. The FT reports.
China needs to float its currency in order to minimize financial imbalances that can cause another global recession, Australian Treasurer and Deputy Prime Minister Wayne Swan told CNBC on Tuesday.
Market turmoil in Europe and the U.S. may have made financial institutions in Asia—particularly China—even more attractive sources of credit for Latin American banks.
China’s banks have been putting aside more money to prepare for rising losses from loans to local governments. According to a recent report by China Construction Bank, mainland lenders have already put aside double their expected non-performing loans (NPLs) as reserves.
The debt crisis drags on in Europe and inflation is up down under — it's time for your FX Fix.
New Zealand is shaking off the economic effects of the February earthquake, and that's creating a trading opportunity.
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The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.
Higher rates in China, lower ratings in Portugal - time for your daily FX Fix.
China bank stocks fell on Wednesday after Singapore sovereign wealth investor, Temasek, sold down part of its stakes in Bank of China and China Construction Bank. But some analysts say the move could be positive for the stocks and shows there is still plenty of demand for the sector from long-term investors.
Get ready for more opaque comments on interest rates: a slew of central banks will meet this week. Here's how to trade accordingly.
All is not well in China and the interbank market in the country is sending baffling signals, according to First Global Chief Strategist Devina Mehra.