‘International investors have called the recovery a dead cat bounce, and the leadership’s reputation with its own people has suffered a serious blow.’ Photograph: Imaginechina/Corbis
The Chinese stock market crash came to a juddering halt yesterday, after a nailbiting three weeks that left investors $3tn poorer. The halt came after an escalating series of interventions that culminated in the suspension of […]
An electronic display in Shanghai’s business district shows the performance of China’a two main stock market indices. Photograph: Aly Song/Reuters
Chinese stock markets plunged on Friday as investors rushed to sell over fears that frenzied buying in recent months had sent share prices to unsustainable levels.The Shanghai composite index, which reached a post-crash record of 5,166 earlier this month, has since […]
Meanwhile, America enjoys the “Great Reset”!The ancient Egyptians worshipped divine bulls…and now it seems to be paying off!The country’s stock market has gone bullish after it halted capital gains taxes.
Egypt suspended a capital gains tax on Monday, sending shares soaring after a months-long downturn in which investors had complained of a lack of clarity about the new taxes, with some […]
Although China’s economy has been leading the world in annualized growth since the days that mobile phones had retractable antennas, there have always been some aspects of the country’s commercial and financial system that loudly broadcast the underlying illogic of a Communist Party’s firm control of burgeoning capitalism. China’s stock markets were one such venue where things just didn’t add […]
Markets rebounded to the green on the sixth anniversary of the bull market boosted by mergers and acquisition activity, and gains in industrial and technology stocks. Benchmarks started the week on an encouraging note after a dismal Friday, when positive jobs data had sparked fears of a sooner-than-expected rate hike. Investors also found a buying opportunity yesterday, after the sell […]
This isn’t a Stock Market Bubble, but it Could Become OneBy Cullen Roche· Wednesday,August20th,2014Last year I asked if we are in a stock market bubble. My answer was no. Much of the basis for that thinking was that sentiment was just too bearish in general. There has been a tremendous amount of skepticism about the economy and the stock market […]
Real estate has traditionally been a game won or lost based on old-fashioned networking and shoe-leather style hard work — deeply dependent on timing, detecting trends and more than a little bit of luck.
It may not be that way for much longer, however. Big data is changing the way real-estate professionals, buyers, sellers — and even banks — think about […]
The tourism industry, however, is still reeling from a plunge in visitors to the “Land of the Smile”, they said.Bank of Thailand spokeswoman Roong Mallikamas said the political uncertainty that began late last year had hit the financial market hard. Inflows of foreign funds fell compared to other countries in the region, which weakened the baht, she said.Domestic investors, however, […]
The “through-train” scheme to allow mutual stock trading between Hong Kong and Shanghai marks the mainland’s latest effort to open up its capital account, yet market watchers doubt whether the nation is ready for a safe opening.Economists argued that some preconditions to open the door – allowing Chinese to invest overseas and foreigners to invest onshore – has not been […]
Good morning, and welcome to our rolling coverage of the financial markets, the world economy, the eurozone and business.Markets took the news that US interest rates could rises sooner than expected in their stride yesterday. New Fed chief Janet Yellen caught markets on the hop when she indicated that the first hike could come as early as March 2015. But […]
