China’s financial market opens wider for foreign investment
China’s foreign exchange regulator has approved a bigger amount of foreign investment in the country’s onshore financial market, official data showed on Monday.
China
China 2017 Growth May Further Slow Down
China’s economic growth may continue to slow in 2017 to 6.5 percent before possibly bottoming out in 2018, a new report showed Monday.
Samsung To Put AI In Galaxy S8
Samgsung Electronics Co Ltd said yesterday it would launch an artificial intelligence digital assistant service for its upcoming Galaxy S8 smartphone, seeking to rebound from the Galaxy Note 7’s collapse and differentiate its devices.
Oil Demand Likely To Fall In 2017 As Prices Struggle
Crude oil, like many other commodities and markets are present, continues to remain rangebound with the bullish momentum of earlier in the month now waning.
Nervous Anticipation For The US Indices
Nervous best describes US equity markets today, and with so many influences now coming to bear, and this nervous tension can only increase over the next few weeks.
China Securities Investor Confidence Down In July
The investor confidence index compiled by the China (FXI, quote) Securities Investor Protection Fund Corp. (SIPF) dropped from 54.9 in June to 51.6 in July.
Alibaba Q1 revenue surges 59%, best since IPO
China’s e-commerce giant Alibaba on Thursday announced revenue growth of 59 percent in the first fiscal quarter ending June, the fastest since its Initial Public Offerings.
Apple Will Cut No Investments In China Despite Sales Decline
Apple Inc., one of the world’s technological front-runners, may lose ground in China as its revenues and net profits have been declining.
IMF Prepares For Inclusion Of RMB In Its SDR Basket
The International Monetary Fund (IMF) on Monday announced its board decision to amend the rounding methodology for determining currency accounts in the Special Drawing Right (SDR) basket, in order to make technical preparations for the inclusion of the Chinese currency, Renminbi, in the SDR basket.
China June Inflation Forecast At 1.9%
China’s (FXI, quote) Consumer Price Index (CPI) in June is likely to increase 1.9 percent year on year, slightly less than the 2 percent recorded in May, according to an industry report.