TAG China

No Image

China Moves in on Global Airline Industry

Chinese leasing company Bohai will buy Irish jet lessor Avolon in a deal that values the company at 7.6 billion, according to a statement, as Beijing pushes its companies to search overseas for future growth. Bohai Leasing Co. will pay 31 per common share in New York-listed Avolon, a 31 percent premium to its closing […]

The post China Moves in on Global Airline Industry appeared first on Live Trading News.

READ MORE 

No Image

Bad News for Oil as Nigeria Opens Pipelines

Anglo-Dutch oil giant Shell said it re-opened on Wednesday two key supply pipelines in Nigeria shut last week because of leaks and sabotage that forced it to declare a “force majeure” on crude oil exports. “The Shell Petroleum Development Company of Nigeria Ltd (SPDC)…today (September 2) lifted the force majeure on Bonny Light exports following […]

The post Bad News for Oil as Nigeria Opens Pipelines appeared first on Live Trading News.

READ MORE 

No Image

Singapore’s PMI Falls To 49.3 In August

Singapore’s PMI Falls To 49.3 In August Singapore’s manufacturing contracted further in August, with the Purchasing Managers’ Index (PMI) dropping to 49.3, down from 49.7 in the previous month, said the Singapore Institute of Purchasing & Materials Management Wednesday. This is the 2nd consecutive month of contraction, and the drop is mainly due to further […]

The post Singapore’s PMI Falls To 49.3 In August appeared first on Live Trading News.

READ MORE 

No Image

China Takes More Measures To Halt Stock Futures Speculation

China Takes More Measures To Halt Stock Futures Speculation The China Financial Futures Exchange (CFFE) announced a series of measures to curb speculation of stock index futures Wednesday. The CFFE said it will raise margin requirements on stock index futures from 30 to 40% of the contract value. The upper transaction limit on a single […]

The post China Takes More Measures To Halt Stock Futures Speculation appeared first on Live Trading News.

READ MORE 

No Image

Manufacturing Points to Global Slowdown

China’s giant manufacturing industry contracted while British and euro zone growth eased in August rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.   Manufacturers across the world struggled a series of surveys showed on Tuesday. It came as the People’s Bank of China loosened policy for the […]

The post Manufacturing Points to Global Slowdown appeared first on Live Trading News.

READ MORE 

No Image

New Requirements on Yuan Trades

China’s central bank added to measures designed to shore up the yuan, making it more costly for traders of forwards contracts to bet on swings in the currency. The People’s Bank of China will impose a reserve requirement on financial institutions trading in foreign- exchange forwards for clients, according to six people familiar with the […]

The post New Requirements on Yuan Trades appeared first on Live Trading News.

READ MORE 

No Image

Shayne Heffernan Oil Price Report

Shayne Heffernan Oil Price Report Oil prices tumbled 7% on Tuesday and Brent futures fell back below 50 a barrel as weak Chinese manufacturing data revived concerns about global demand for petroleum. China’s official Purchasing Managers’ Index (PMI) dropped to 49.7 in August from 50.0 in July, reinforcing fears about slowing growth. Oil prices retreated […]

The post Shayne Heffernan Oil Price Report appeared first on Live Trading News.

READ MORE 

No Image

China Markets Remain Volatile

China Markets Remain Volatile Asian stocks witnessed a fresh round of volatility Wednesday, as further evidence of slowing growth in China’s economy brought a new bout of uncertainty to global markets. Most bourses in the region reversed hefty morning losses to sit in positive territory in the afternoon, in the latest day of roller-coaster trading. […]

The post China Markets Remain Volatile appeared first on Live Trading News.

READ MORE 

No Image

Markets Await Crucial NFP Report

For the second time this year some time out of the office has coincided with tumultuous movements in the financial markets. The first was back in January when the SNB removed its Swiss franc ceiling and a summer break has seen a considerable spike in volatility as Asian markets go into a tailspin. Not planning [&hellip

READ MORE 

No Image

Thailand, Japan, HK Top Destinations For Chinese Tourists

Thailand, Japan, HK Top Destinations For Chinese Tourists Thailand, Japan and Hong Kong became the most popular overseas destinations for tourists from the Chinese Mainland during the Summer’s peak tourism season because of the host destinations’ new visa policies and favorable currency exchange rates. The outbreak of Middle East respiratory syndrome in South Korea, the […]

The post Thailand, Japan, HK Top Destinations For Chinese Tourists appeared first on Live Trading News.

READ MORE