Articles by China

  • Bernanke
    FOMC, German Court’s ESM Ruling, And China August Data Dump: Economic Events for Sept. 10-14

    September 07 2012 4:47 PM EDT

    The week is chock-full with data releases, but the Federal Reserve's policy meeting on Sept. 12-13 will carry the most weight.

  • The Week Ahead: Week of 9th September 2012

    September 07 2012 2:19 PM EDT

    Is more QE on the way?- Is the ECB's big bazooka enough to save the Eurozone? - Conventional vs. Unconventional - the ECB vs. the Riksbank - Event risk in Europe next week - Can the UK's labour market continue to surprise on the upside? - RBNZ to hold

  • Honduras' Charter Cities: Potential Economic Miracles or New 'Banana Enclaves'?

    September 07 2012 1:25 PM EDT

    Honduras is implementing a bold new plan to establish independent "charter cities" that will operate under separate laws in a bid to draw more foreign investment. Proponents says the plan will create thousands of jobs and spur economic development in the rest of Honduras, while critics say they will only open the door for corporations and other governments to exploit cheap labor and neoliberal tax laws.

  • South Korea Offers North Flood Relief, Seeking To Thaw Icy Relationship

    September 07 2012 1:15 PM EDT

    Official aid from the South to the North often goes through the Red Cross as a matter of formality and convenience.

  • Myanmar
    Coke, GE Step In As Ex-Pariah Myanmar Opens To Foreign Investment

    September 07 2012 12:45 PM EDT

    After breaking from decades of military rule, Myanmar's parliament ratified legislation promoting foreign investment on Friday, opening the southeast Asian country to investment from companies like MasterCard Inc. (NYSE: MA), the Coca-Cola Company (NYSE:KO) and General Electric Co. (NYSE: GE).

  • Job seekers stand in line to speak with an employer at a job fair in San Francisco
    August US Jobs Report Is Disastrous: 6 Takeaways

    September 07 2012 11:22 AM EDT

    It's been three years since the Great Recession technically ended, and still, unemployed Americans are struggling to find work.

  • Pre-Opening Soy Complex Market Report 9/07

    September 07 2012 10:55 AM EDT

    November soybeans are trading 8 cents lower near 7:30 am cst. Soybean meal and oil are trading lower as well. Malaysian Palm Oil prices fell overnight and posted their worst weekly performance since late July as traders expect rising stockpiles. 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 sharply higher during overnight trading, with the Nikkei up 2.20% and the Shanghai A Share index up 3.70%. Eur...

  • Oil prices firm ahead of NFP data

    September 07 2012 10:51 AM EDT

    Yesterday was all about the announcement of the details of the new bond buying program by ECB President Draghi. So far the market has viewed the new program as mostly bullish for risk asset markets especially the global equity markets. The reaction on the commodity side was much more muted than on the equity front. In fact oil prices surged higher only to closes in negative territory and at its lows. It was a technical reversal day to the downside for oil and one that is biased to the bearish si...

  • Morning Gold Market Report 9/07

    September 07 2012 10:41 AM EDT

    The gold market got a big boost yesterday from ECB President Draghi's "unlimited" bond-buying plan. The news fed investor risk tolerance and lent support to the equity markets and metals in general. Strong private-sector jobs data and also lent support to the equities and helped them sustain their rally throughout the day, but it presented a mixed-signal to the precious metals markets. Traders are concerned that strong economic data would discourage the Fed from embarking on a quantitat...

  • Morning Silver Market Report 9/07

    September 07 2012 10:40 AM EDT

    SILVER MARKET FUNDAMENTALS: (6:00 AM CT) Silver was lower overnight as traders were cautious ahead of this morning's monthly jobs report. The market had rallied sharply yesterday off of optimism from the Euro-zone but traded back off its highs on stronger than expected ADP payrolls data and an improvement in weekly jobless claims.

  • Morning Copper Market Report 9/07

    September 07 2012 10:38 AM EDT

    December copper posted large gains during overnight trading, with prices reaching their highest levels since mid-May. Shanghai copper prices reached a new 3-month high, with many traders pointing to news that China approved 1-trillion-yuan worth of infrastructure projects this week as a key supportive factor for the market. Sharp gains in Asian equity markets in reaction to yesterday's ECB meeting results and a slide in the Dollar down to a new 3 1/2-month low were also widely seen as positiv...

  • General Liang Guanglie
    Chinese Defense Minister's Cash Gift To Indian Pilots Causes A Stir

    September 07 2012 6:58 AM EDT

    China's Defense Minister General Liang Guanglie caused a stir, perhaps inadvertently, while on a visit to India by handing a cash gift of Rs. 100,000 ($1,800) to two Indian Air Force (IAF) pilots who flew him from Mumbai to New Delhi Monday, media reports said Thursday.

  • Tipping Point: The Art Of Paying Gratuities At Restaurants

    September 07 2012 6:22 AM EDT

    I have never been certain if tipping was simply a 'courtesy' or the 'law.'

  • The Drinking Tiger: Asian Beer Consumption Goes Up, Heralding Prosperity

    September 07 2012 6:21 AM EDT

    It's a sign of good times in the Eastern Hemisphere: beer is becoming more and more popular in Asia.

  • 43 Killed As Earthquake Rocks Southwest China, Thousands Evacuated

    September 07 2012 5:46 AM EDT

    At least 43 people were killed and over 150 injured when a 5.7-magnitude earthquake rocked southwest China's Yunnan and Guizhou provinces Friday, Chinese media reported.

  • European Markets Continue Upward Rally On ECB Move, German Export

    September 07 2012 5:26 AM EDT

    The European markets continued the upward rally Friday, a day after the European Central Bank (ECB) announced the widely anticipated bond-buying program aimed at lowering the struggling euro zone countries' borrowing costs.

  • US Stocks
    US Stock Futures Signal Higher Open Ahead Of Nonfarm Jobs Report

    September 07 2012 5:15 AM EDT

    The U.S. stock index futures point to a higher open Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls and unemployment reports.

  • Copper hits 7-week high after ECB, U.S. jobs eyed

    September 07 2012 4:24 AM EDT

    London copper rose to its highest in more than a month on Friday and was on track to log a fourth week of gains in five, supported by the European Central Bank's plan to buy bonds to shore up the region's economy. Investors were also looking to a key U.S. jobs report later in the day for fresh clues on the health of the global economy, though an improved labor market could reduce pressure on the Federal Reserve to take steps such as a third round of bond buying, known as quantitative easin...

  • China Stocks
    Asian Stocks Rally On ECB Move, China Stimulus Plan

    September 07 2012 1:46 AM EDT

    Asian stock markets rallied Friday after the European Central Bank (ECB) announced the widely anticipated bond-buying program aimed at lowering the struggling euro zone countries' borrowing costs.

  • The tail fin of the Boeing 787 Dreamliner is seen at the 2010 Farnborough International Airshow
    Air India Receives First Boeing 787 Dreamliner

    September 07 2012 1:43 AM EDT

    Air India took delivery of its first Boeing 787 commercial widebody airplane on Thursday at Boeing Co's final assembly plant after a months-long dispute between airline and manufacturer over compensation for a four-year production delay.