China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
Malaysia's re-elected Prime Minister Najib Razak announced yesterday that foreign investors and fund managers would be given five-year multiple entry visas, and that overseas corporations trading in oil and related products in the country ...
Tags: Najib Razak, Foreign Investors
Fears of a possible global slowdown as US money printing tapers off sent Asian markets into a tailspin yesterday, pulling the Australian equities market back towards a level that has all but wiped off the gains it has made this year. ...
Tags: Asian Markets
US stocks opened higher after government data said the US economy added 175,000 jobs in May. Ten minutes into trade, the Dow Jones Industrial Average was up 49.87 points, or 0.33 per cent, to 15,090.49 The broad-based S&P 500 put on ...
Tags: Serviceeconomy
April March Increase Rate over Last Month Historical Average in April Manufacturing PMI 50.6 50.9 -0.3 55.4 Production Index 52.6 52.7 -0.1 ...
In May, China's manufacturing purchasing managers index (PMI) was 50.8 percent, up by 0.2 percentage point month-on-month. In view of the sizes of enterprises, the PMI of large-sized enterprises was 51.1 percent, up by 0.1 percentage ...
Tags: PMI
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
China's PMI Decreased in April National Bureau of Statistics of China 2013-05-02 16:35:49 Department of Service Statistics of NBS China Federation of Logistics and Purchases (CFLP) In April, China's manufacturing purchasing ...
China saw the increment of funds outstanding for foreign exchange (FOFE) reach a new high of CNY 1.2 trillion in the first quarter of this year. According to data released by the People's Bank of China (PBOC), the central bank, on April ...
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
Europe's broad FTSE Eurofirst 300 index finance/markets/index?symbol=gb%21FTPP">.FTEU3, which hit its lowest level of the year on Wednesday, opened up 0.2 percent while London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX ...
US stocks rallied broadly, notching a rebound from Monday's steep slide, as investor jitters were calmed by a bounce in gold prices, upbeat earnings reports and strong housing data. The Dow Jones Industrial Average gained 157.58 points, ...
Tags: Gold Price, economy
The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Survey on the Business Outlook (EO-123) indicate improvement, albeit marginal, from the previous report, and imply that the manufacturing sector is ...
Tags: MAPI Survey, Business Condition