Articles by China

  • Brent eases but stays above $114 ahead of Fed meeting

    September 11 2012 3:53 AM

    Brent crude futures fell for the first time in four sessions on Tuesday as investors took profits, though they remained above $114 a barrel with declines limited by hopes the U.S. Federal Reserve would unveil further steps to stimulate the economy this week. Profit-taking kicked in after Brent rose nearly $2 in the past three sessions, said Ken Hasegawa, a commodity sales manager at Newedge Japan, though prices are likely to remain fairly steady ahead of a keenly awaited Fed meeting on Wednesday...

  • India Hiring Outlook Weakest in Over 3 Years: ManpowerIndia Hiring Outlook Weakest in Over 3 Years: Manpower

    September 11 2012 3:49 AM

    Most U.S. employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup. The pace of hiring is expected to slow in large emerging economies including China and India.

  • Poor Returns Cast Cloud over BRIC Equity FundsPoor Returns Cast Cloud over BRIC Equity Funds

    September 11 2012 1:31 AM

    Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme.

  • Asian Stocks Slip Ahead of German Decision, Fed Meeting

    September 10 2012 9:56 PM

    Asian shares eased Tuesday ahead of a key German ruling on the euro zone's bailout funds and the U.S. Federal Reserve's policy decision.

  • China's Next Act

    September 10 2012 6:43 PM

    After Mario Draghi announced the European Central Bank's new bond buying program, I was the first guest on CNBC Asia's Squawk Box to weigh in on this decision. I reiterated my stance that the endgame for Europe would be to print money, which will eventually lead to currency wars. These actions are positive for gold and also for increased economic activity.

  • Gold, Silver and Crude Oil Prices

    September 10 2012 5:40 PM

    US Gold futures finished pit trade lower Monday on profit taking and chart consolidation. Prices backed down a bit from last week's strong gains that saw prices Friday hit 6 month high at 1,745.40. The Key outside markets were mildly Bearish for precious metals Monday, as the USD index was slightly higher and Crude Oil prices were slightly lower.

  • Lana Del Rey Poses Nude in GQ; Why It’s Not ‘Sexist’

    September 10 2012 5:39 PM

    Indie songstress Lana Del Rey has come under attack again; this time, not for her musical talent (or her alleged lack thereof) but for posing naked on the cover of the October issue of British GQ.

  • $17 Million Buffet At Caesars Palace Las Vegas Offers 500 Dishes A Day [VIDEO]

    September 10 2012 3:19 PM

    Las Vegas is known to do everything in an over-the-top fashion. The new $17 million buffet at Caesars Palace is no exception.

  • Thousands Cheer British Olympians on Streets of LondonThousands Cheer British Olympians on Streets of London

    September 10 2012 3:04 PM

    The summer sports lifted the host nation's mood as Mo Farah, Jessica Ennis, and David Weir were cheered on in the centre of the city.

  • Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and RMB

    September 10 2012 1:22 PM

    The USD recouped some of its losses from late last week as concerns over the European debt crisis and the slowdown in global growth partially offset expectations of further Fed easing. Nevertheless, the dollar remains towards the bottom of its recent ranges after last week's disappointing NFP report led investors to up their bets that the Fed will unveil a third round of quantitative easing. However, QE3 would likely need to be structured differently than the Fed's first two rounds of asse...

  • Britain's Prince Harry May Visit China, But Unlikely To Mend Diplomatic TensionsBritain's Prince Harry May Visit China, But Unlikely To Mend Diplomatic Tensions

    September 10 2012 12:39 PM

    Prince Harry has been asked by the British Foreign Office to visit China in an effort to improve diplomatic relations between the two countries, which have suffered over the U.K.'s relationship with the Dalai Lama and the murder of a British national by the wife of a prominent Chinese politician.

  • Chinese Rumor Mills Swing Into Action On Xi Jinping's Supposed 'Disappearance'

    September 10 2012 11:41 AM

    The public absence of key officials breeds rumor in China, where transparency at the top is scant and netizens are quick to throw out scenarios.

  • Asian Currency Preview, Baht, SGD, RMB, Peso, Ringgit

    September 10 2012 11:08 AM

    China has introduced reforms to increase the use of its yuan in global trade and investment, Beijing has imposed stringent restrictions and the process of buying its government debt is viewed as extremely complicated.

  • Pre-Opening Soy Complex Market Report 9/10

    September 10 2012 10:56 AM

    November soybeans are trading 4 cents higher near 7:30 am cst. Soybean meal and oil are trading slightly higher as well. Malaysian Palm Oil prices edged higher overnight on rising export data but gains were limited after The Malaysian Palm Oil Board reported August palm oil stocks above 2 million tonnes which was up 5.8% in August. There were no soybean or soybean meal deliveries overnight but 703 for oil to bring the total for the month to 5,944. Asian equity markets were mixed during overnight...

  • Oil prices starting the week around unchanged

    September 10 2012 10:50 AM

    Last week was a week that was driven by the potential for stimulus from all corners of the world. First out of the starting gate was the announcement by ECB President Draghi about the details of the new bond buying program. This was followed by the increased likelihood (the view of the market) that the US Fed would embark on a new round of quantitative easing at the September 12/13 FOMC meeting after the weak jobs report on Friday. China's President HU said at the APEC conference that infrast...

  • Morning Heating Oil Market Report 9/10

    September 10 2012 10:48 AM

    October heating oil prices registered a higher high during the initial morning hours, supported in part by gains in Brent crude oil. There was also talk that China could be closer to raising their domestic fuel prices. Some traders were encouraged by the upside follow through action following Friday's reversal The Commitments of Traders Futures and Options report as of September 4th showed non-commercial traders were net long 16,891 contracts, an increase of 2,726. Non-commercial and nonrepor...

  • Morning Gold Market Report 9/10

    September 10 2012 10:46 AM

    GOLD MARKET FUNDAMENTALS: (6:00 AM CST) The gold market is trading somewhat lower this morning following a big breakout to the upside on Friday. Inflationary expectations are on the rise in anticipation of the Fed embarking on a third round of quantitative easing, which could be announced when the FOMC meets this Wednesday and Thursday. There has been some question as to whether they would make any substantial move ahead of the election for fear that they would appear "too political," but ...

  • The Energy Report - The Lethargic Universe

    September 10 2012 9:05 AM

    The whole world is slowing down. Bad data out of Europe and China in the aftermath of a terrible jobs report in the United States has the market living and dying on simulative hopes. With rising gasoline prices and other issues the Fed is going to be the carrier of the world's economic burden this week the Federal Open Market Committee meets and the world once again will be watching.

  • Global  IT Spending To Rise 6% In 2012 To $3.6T: IDCGlobal IT Spending To Rise 6% In 2012 To $3.6T: IDC

    September 10 2012 9:05 AM

    Venerable forecaster IDC predicted global spending on information technology this year will rise six percent to about $3.6 trillion, despite sluggishness in sector like PCs. The market also includes telecommunications services.

  • Karaoke Killings: A Bizarre Phenomenon In East Asia

    September 10 2012 8:44 AM

    Confrontations in karaoke parlors have culminated in murderous violence in parts of Asia.