Revamp Plan Halts Trading In China Railway Shares
Trading in China Railway Group Ltd shares was suspended on Monday, as the company revealed it plans to integrate its assets with those of main subsidiary, China Railway Erju Co Ltd.
Emerging Markets
Slow Growth May Spur More Support
China’s (FXI, quote) economic growth failed to rebound in August as expected, signaling that the central government may have to introduce more support measures.
China’s Government Debt Risks Controllable: Premier
Premier Li Keqiang said on Wednesday that China’s government debt risks are “controllable,” as he met with business leaders ahead of the Annual Meeting of the New Champions, also known as the Summer Davos forum.
50 Brokerages Inject US$16b To Support Shaky Market
Fifty Chinese brokerages have vowed to pledge a total of 100 billion yuan ($15.7 billion) to back up stock purchases, as regulators move to further prop up the shaking market, reported Securities Times.
China Manufacturing Activity Contracts In August
China’s factory activity continued to lose steam in August, suggesting the world’s second largest economy faces prolonged downward pressure, official data showed Tuesday.
The Good News Just Keeps Rolling In For Oil Traders
For oil traders and speculators the summer months continue to deliver stellar trading opportunities, and whilst equity investors are wringing their hands, the WTI contract shows no signs of wanting to reverse just yet.
Could The Falling Yuan Be A Good Thing?
Last week, the People’s Bank Of China allowed the yuan to fall sharply, causing chaos in share markets and drawing criticism from multinationals who said the move would hurt their businesses.
Realty Information Platform On Cards
A national property information platform is set to be established by 2017, paving the way for a possible new property tax, according to a document released by the Ministry of Land and Resources on Thursday.
China Investigates Largest Sell Off In Eight Years
More concerns overnight in China as securities regulator open an investigation into potential irregularities in China largest single day sell off in more than 8 years.
Gold Crushed
Despite being bearish on gold (GLD, quote) for so long, and sounding to many gold (IAU, quote) traders and investors like a old recording stuck in a groove,