“China’s market is so distorted, you can’t sell short very confidently and you can’t buy up very confidently either,” warns one Hong Kong-based asset manager as despite massive “measures” and manipulation, Chinese stocks extend yesterday’s stunning losses (CSI-300 -5% at the open, Shanghai -4.1%). As Bloomberg reports, investors “are concerned and lost,” although government officials tried to claim the […]
It’s days like Monday that reassure Tony Hann he was right to avoid stocks in mainland China.Boom! The bottom just dropped out of China’s unprecedented efforts to prop up its marketChina’s stocks tumbled the most in eight years Monday morning as investors lost faith in government measures to support the market and the IMF warned Beijing to butt out.Continue reading.The […]
China’s mightiest have taken a hard hit amid the recent stock market mayhem, including celebrities Vickie Zhao, Zhang Ziyi and Fan Bingbing, who lost billions in profits.Our favorite empress Fan Bingbing, who made a profit of 200 million RMB from her investment in Shenzhen-listed Talent Television Film earlier this year, had120 million RMB shaved off her portfolio, while Grandmasters actress […]
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 […]
This morning I was thinking about writing this week’s column.I had to make a quick stop in Walmart. As I was walking through the parking lot, someone made a comment to me about their concerns that the stock market was about to start a correction. I was not sure why they told me this concern until the man told me […]
Myles Udland
Nov. 27, 2014, 8:00 AM
6,885
Bloomberg TelevisionGoldman Sachs’ David Kostin sees just modest gains for the S&P 500 in 2015.It’s still November, but Wall Street is already looking ahead to next year.Over the last few weeks, several outlooks for 2015 have rolled in, and so far, we’ve gotten outlooks from 8 of the biggest stock market gurus on Wall Street.Expectations […]
NZ stocks rise, Fletcher, Trade Me gainPublished: 7:29PM Wednesday August 20, 2014 Source: BusinessDeskEmail this article
Print this article
Text size + –
Fletcher Building site – Source: ONE News
New Zealand shares rose as Fletcher Building and Trade Me Group beat full-year profit guidance.Energy companies fell on weaker political polls ahead of next month’s election.The NZX 50 Index rose 26.126 points, or […]
Malcolm Morrison, The Canadian PressPublished Monday, July 28, 2014 6:54AM EDTLast Updated Monday, July 28, 2014 5:19PM EDTTORONTO — A drop in energy stocks helped push the Toronto stock market slightly lower Monday as traders brace for a heavy slate of earnings reports this week, particularly from the resource sector.The S&P/TSX composite index gave back 9.82 points to 15,445.22.”This week […]
Tag: big data analyticsentertainmentIBMsocial mediaTVBHong Kong’s TV broadcaster Television Broadcasts Limited (TVB) has adopted a cloud-based social media analytics solution to gain insights from audience feedback made on social media platforms.Using IBM’s Social Media Analytics solution, TVB is now able to gauge audience attitudes, expressed through comments posted across a wide range of social networks and online forums.Being the first […]
Building a Smarter Planet takes people who are passionate about using technology to improve the world and who are eager to innovate and take risks. During the past year, we profiled eight of these “People for a Smarter Planet,” putting the spotlight on researchers, engineers, inventors and innovators who are focused on the future.They include people like Lisa Seacat DeLuca, a […]
