Get the newsLog In or Subscribe to skip3Share This Story!Let friends in your social network know what you are reading aboutNYSE resumes trading after nearly 4 hour haltAll trading on the New York Stock Exchange is halted Wednesday for unknown internal technical reasons – heaping yet another worry onto investors already rattled by global economic concerns.##Sent!A link has been sent […]
SHANGHAI — China’s tumbling stock market showed signs of seizing up on Wednesday, as companies scrambled to escape the rout by having their shares suspended and indexes plunged after the securities regulator warned of “panic sentiment” gripping investors.Beijing, which has struggled for more than a week to bend the market to its will, unveiled yet another battery of measures to […]
Computer glitch shuts down trading on New York Stock ExchangePublished time: July 08, 2015 15:50Edited time: July 08, 2015 17:32Get short URLReuters / Brendan McDermidTagsAccident, Big deal, Corporate news, FBI, Investment, Markets, USATrading on the New York Stock Exchange floor was halted shortly after 11:30 am local time Wednesday, with all screens displaying a “No quotation” message, according to eyewitnesses.“We’re […]
The overheated Shanghai and Shenzhen markets have lost 29 and 32 per cent respectively over the past three weeks following 7-year highs reached on June 12.Instead of welcoming a much needed correction, Chinese brokerages and the Bank of China agreed to prop up the market.Stimulus Short-LivedThe stimulus act has failed already. The South China Morning Post reports Chinese Shares Close […]
FinVizUS stock market futures just started trading after the long weekend, and it’s ugly.S&P 500 futures are down by 31 points or 1.5% in the first few minutes of trading. Dow futures are down 246 points or 1.4%.This comes after Greece’s referendum. Greek voters surprised the world by voting “No.” In other words, “No” the Greek people do not want […]
The Chinese stock market: officially sanctioned prices? Illustration: David Simonds/The Observer
As Greece holds a referendum that may create more uncertainties than it solves, are we looking in the wrong place for a financial crisis? In China, the authorities are in a fine sweat about a more traditional financial conundrum: a bubble in the stock market. How do you deflate it […]
China freezes IPOs to stop rapid stock market decline – reportPublished time: July 04, 2015 22:59Get short URLA general view of the Hong Kong Stock Exchange trading hall. (Reuters / Bobby Yip)TagsChina, Economy, Finance, IPO, InvestmentChina has curbed the sale of newly issued stock and created a market stabilization fund, as it tries to halt a stock market plunge that […]
Chinese stocks have been dropping recently and finally fell into bear-market territory on June 29, closing down 3.3%. The Shanghai composite has fallen over 21% so far from recent highs over the past two weeks as Chinese stocks have been under pressure after an explosion of margin buying over the past year.The stock drop on Monday came as a bit […]
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Welcome to our new series — How did you get that job? — where we’ll run interviews with interesting people about their work and how they came to be doing it.When Brad Katsuyama came to the US in 2002 to run the trading desk for the Royal Bank of Canada, he thought he understood the game. If […]
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Jun. 29, 2015, 10:37 AM
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Bloomberg TVTom LeeUS stocks have started the week firmly in the red.It’s the first big reaction to the bad news from Greece over the weekend, as it heads into a missed payment to the IMF on Tuesday, and implements capital controls all week long.As stocks sell off, there’s the question of how all of this […]
