Tag Archives: chinese
SALT 2013: Why We Remain in Bull Market Territory
LAS VEGAS (TheStreet) — The Skybridge Alternatives (SALT) Conference kicked off on an optimistic note on Wednesday, with a presentation by David Darst, managing director & chief investment strategist of Morgan Stanley Wealth Management, who delivered an impassioned speech on the markets and the global environment. Continue reading
ASIA MARKETS: Japan Leads Asia Rally After China Trade Data
Japanese stocks rallied on toward five-year highs Wednesday, outperforming other Asia markets, which also traded higher after another record finish for key U.S. equity indexes and strong Chinese trade data. Continue reading
Baidu Acquires Online Video Business of PPS for US $370 Million to Create China’s Largest Online Video Platform
BEIJING, May 7, 2013 /PRNewswire/ –Baidu Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced the acquisition of the online video business of leading Intern… Continue reading
Rat meat sold as lamb in China
Chinese police have broken up a criminal ring accused of taking meat from rats and foxes and selling it as lamb in the country’s latest food… Continue reading
ASIA MARKETS: Asian Markets Retreat; Strong Yen Weighs On Japan
Asian stock markets fell on Wednesday, staying weak after data showing Chinese manufacturing growth cooled in April, with Japanese stocks retreating as the yen strengthened, and Australian shares pulling back from near five-year highs. Continue reading
STOCKS NEWS SINGAPORE-Index hits 5-year high, tracking Wall St
Singapore shares rose to their highest in more than five yearson Tuesday, tracking U.S. stock market which closed at a recordhigh in the previous session. Continue reading
Chinese Yuan Spikes Up To New Record High Against U.S. Dollar
PEKING (dpa-AFX) – The Chinese yuan firmed against the American currency in Asia on Tuesday.The yuan approached an all-time high of 6.1839 against the greenback, adding 0.12 percent from yesterday… Continue reading
Record Wall Street lifts Asian shares, yen stays pressed
By Chikako Mogi TOKYO (Reuters) – Wall Street's record closing overnight and optimism about the Chinese economy underpinned Asian shares on Thursday while the yen marked time before testing fresh lows against major currencies as the Bank of Japan's bold stimulus moves continue to kick in. Chinese banks made 1.06 trillion yuan (111.6 billion pounds) of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fuelled by ample credit Continue reading
Record Wall Street lifts Asian shares
By Chikako Mogi TOKYO (Reuters) – Wall Street's record closing overnight and optimism about the Chinese economy underpinned Asian shares on Thursday while the yen marked time before testing fresh lows against major currencies as the Bank of Japan's bold stimulus moves continue to kick in. Chinese banks made 1.06 trillion yuan of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fuelled by ample credit. .. Continue reading
Australian Miner Halts Hanlong Deal
Australian iron-ore explorer Sundance Resources Ltd. has terminated an agreement to be acquired by China’s Sichuan Hanlong Group in a deal valued at 1.38 billion Australian dollars (US$1.43 billion), ending weeks of uncertainty after Hanlong’s chairman was detained by Chinese police and the company missed deadlines to finance the deal. Continue reading
