Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil» Read More
The U.S. dollar index will continue rising over then next three weeks, but then collapse thereafter, Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday.
Chinese stocks could be set for a strong rally in the wake of better-than-expected economic growth data out of the country, but the Dow hasn't run out of steam yet, Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday.
After a terrible 2008, Indian stock markets came roaring back to life in 2009. But as we enter 2010, with stocks becoming more expensive, and fears and inflation and asset bubbles forming in parts of the global economy, where are India markets headed?
Now is not the time to put money into the Shanghai Composite Index as the Chinese stock market looks set to fall for the next several months, Robin Griffiths, technical strategist from Cazenove Capital, told CNBC Monday.
Chinese stocks have become too expensive and are need of a pause at current levels or a "substantial pullback" to make them better value, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
China took a major step toward making its capital market system more sophisticated, allowing stock index futures, short selling and trading on margin.
With gains of more than 70% so far this year, China is the only global market which has showed a true and powerful “V” shaped recovery, epitomizing the return of investor confidence after a dud year that was 2008.
The Dow Jones Industrial Average looks set to stage a steady climb to 11,600 points, but it won't get there before Christmas, Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday.
The rising trend in Tokyo and Chinese stocks has broken and selling pressure is ahead for the two Asian indexes, Royce Tostrams, technical analyst at Tostrams Groep said Friday. And weakness in Asian markets could affect global stock markets, he warned.
Fear over the recent slump in the Shanghai Composite Index is overblown and the volatility in the region is largely due to the low volumes that come in summer trading, Chris Tinker, equity strategist at ICAP, told CNBC.
The Shanghai Composite Index has gained a remarkable 40% since the low of October, 2008. Other than this outstanding growth, the most important feature of the market is the way it points to the potential bottom pattern development in Western markets.
Western stock markets have been experiencing a sucker's rally, but the Shanghai market might be the real thing, Robin Griffiths, technical strategist from Cazenove Capital, told CNBC.
In the spirit of the Beijing Olympics set to begin on Friday, we thought it would be fun to apply a CNBC twist to the summer games. Which World Market Index is poised to win the gold?
China's main stock index sank more than 3 percent to a fresh 16-month closing low on Tuesday, led by financial and property shares, on worries about rising interest rates and heavy supplies of shares from IPOs.
A rally is always something to get excited about, particularly after a market fall of around 50%. And that's exactly what Chinese stocks are experiencing at the moment. The Shanghai Composite Index is up 17% the past week. However a rally is not a trend change ...
Chinese stocks sank to a fresh 12-month low in tiny turnover on Tuesday, undermined by a continued slide in property shares.
Beijing has called for a halt to red-chip companies, or China-backed firms incorporated and listed in Hong Kong, listing their shares in Shanghai amid a weak mainland stock market, a Hong Kong newspaper reported on Monday.
China's insurance regulator, in draft regulations soliciting public comment, is moving to curb fundraising by insurers, requiring that they seek regulatory approval first, state media said on Tuesday.