An investor smiles after the Shanghai Composite Index rose 4.9% on Monday in its best day for a month. Photograph: Xie Zhengyi/Xinhua Press/Corbis
Stock markets around the world have been lifted by hopes that the Chinese government will allow its currency to devalue to boost growth after figures at the weekend showed a surprise slump in exports from the world’s second-largest […]
Gerald Celente of the Trends Research Institute has just gone on the record with a prediction that there will be a stock market crash by the end of this calendar year.If you are not familiar with Gerald Celente, he is one of the most highly respected trends forecasters in the entire world.He has been featured on CNN, The Oprah Winfrey […]
Gerald Celente Is Predicting That A Stock Market Crash Will Happen By The End Of 2015
By Michael Snyder, on August 9th, 2015Gerald Celente of the Trends Research Institute has just gone on the record with a prediction that there will be a stock market crash by the end of this calendar year. If you are not familiar with Gerald […]
By Stephen MayhewAugust 7, 2015 -Chinese internet service portal Tencent will soon launch an online stock trading platform with a facial recognition authentication system on its messaging mobile app WeChat, in which the according to a report by South China Morning Post.Account holders will be able to verify their identities and open personal stock exchange accounts using the platform’s facial […]
Remember when WeChat was just a mobile chat app? Tencent’s social baby has long since left that nest, expanding in all directions, and the latest addition to WeChat’s formidable feature set will be a securities trading platform. Perhaps even more interesting, though, is that the app will allow users to open their trading accounts by taking a photo of their […]
REUTERS/Jason ReedChina is trying hard to hold up its stock market.The first sign of a full-blown crisis is when the government tries to ban short-selling, and China is no exception.Short-sellers borrow stocks and immediately sell them off, reasoning they can buy them back at a lower price in the future and pocket the difference.But their negative bets put downward pressure […]
Greece’s stock market reopened after five weeks to the most savage wave of selling in decades, underlining a crisis that’s crippled the economy and pushed the country’s euro membership to the brink.Banks led the plunge following the shutdown, which was due to capital controls to prevent the lenders from bleeding more deposits. Piraeus Bank SA and National Bank of Greece […]
Backyard steel furnaces
I take no position one way or the other on any Chinese stock market crash, including the most recent one. And despite a fairly high investment risk tolerance (I bought a Russia fund right after Boris Yeltsin fired his fourth president), I have never purchased a Chinese stock. My having to deal with China company books and records as a […]
The Greek stock market is set to reopen on Monday as talks continue with the country’s creditors on a new multi-billion-euro bailout. Photograph: Orestis Panagiotou/EPA
Greek investors expect a tumultuous day’s trading when Athens’ stock market reopens on Monday after a five-week shutdown.The resumption of trading in Greek stocks will be the latest step back towards economic normality, after the prime […]
On July 27, the Shanghai Composite Index fell 8.5 percent, its largest single-day loss since 2007. This came on the heels of major government intervention to stem the market’s slide earlier in July. What does the latest chapter of the crash mean for China’s economy? And, more broadly, what does it mean for the policies and politics of China’s current […]
