China Announces Economic Package
Tax breaks for the small and micro firms will be extended till the end of 2016, China’s cabinet, the State Council, announced on Wednesday.
China
Brent Steady Above $105 After Poor Manufacturing Data
Easing geopolitical tension coupled with worrisome economic figures pushed Brent crude oil (BNO, quote) to a near five month low on Tuesday.
HSBC China’s preliminary manufacturing PMI sinks
China’s manufacturing activity contracted for the third month in a row in March, hitting an eight-month low, according to HSBC’s preliminary purchasing managers’ index (PMI) released on Monday.
Opportunities and strategies behind the reform of chinese SOEs
At the two Conferences (National People’s Congress and Chinese Political Consultative Conference) of 2014, the reform of State-Owned Enterprises (SOE) became a hot topic of discussion among the representatives.
Ukraine rejects Crimea’s accession treaty with Russia
Ukraine refused to accept the treaty under which Russia annexed the “self-proclaimed” Republic of Crimea and the city of Sevastopol as part of its territory, the Ukrainian Foreign Ministry said Tuesday.
Is Dr copper still the bellwether of global economies?
In considering the daily chart for copper, there are several questions that instantly come to mind.
Bullish tone continues for gold on breakout
Of all the markets and instruments that I comment on and write about, none attracts more strongly differing opinions than gold.
China’s Weak Data Outweighs Concern Over Ukraine, Brent Slides
Brent crude oil (BNO, quote) traded at $108.29 at 5:45 GMT on Wednesday morning as worries about slipping global demand outweighed concern about the situation in Ukraine.
Brent Slides On Weak Chinese Exports
Brent crude oil lost its momentum on Tuesday morning after demand woes outweighed worries about the ongoing tension in Syria.
Shanghai Index plunges on slowdown concerns
China’s benchmark Shanghai Composite Index plunged heavily on Monday after weak economic data triggered concerns over further economic growth slowdowns.