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China

Business Headlines

©2015 Bloomberg News NX9F936K50XZ (Bloomberg) — Emerging-market assets rose for a third day as increasing confidence that the global economy is stabilizing outweighed concern that a pending increase in U.S. borrowing costs will lure money away from developing nations. Colombia’s peso led gains in currencies, strengthening 3.5 percent against the

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Business Headlines

©2015 Bloomberg News NW6ODW6KLVS4 (Bloomberg) — The dollar strengthened for a second day as a decline in oil prices and concerns about an economic slowdown in China spurred demand for safer assets. The greenback gained against most of its 16 major peers on Tuesday after data showed Chinese imports declined

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Business Headlines

©2015 Bloomberg News NVDWG76S972K (Bloomberg) — Oil halted its advance near $45 a barrel as lower Chinese industrial profits signaled demand may be weakening in the world’s second-biggest consumer. West Texas Intermediate futures fell as much as 2.1 percent after climbing 2.3 percent last week. China’s industrial-company profits dropped 8.8

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Business Headlines

©2015 Bloomberg View NU4FS26JTSEL (Bloomberg View) — This week’s holiday to commemorate the end of World War II couldn’t have come at a better time. For a global financial system traumatized by recent gyrations in China, the closure of mainland markets is a chance to take a breath and remember that the world

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Jim's Blog

For years now we’ve been hearing dire warnings about borrowing money from China so the first thing I thought when I heard that the Chinese stock market had plunged was if they had the capability to call in our loans and what does that mean.  Might we have to give

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Business Headlines

©2015 Bloomberg News NR90ZM6KLVR5 (Bloomberg) — U.S. and Australian government bonds fell for a second day as Greece sought a bailout loan, curbing demand for safer assets. Ten-year Treasury prices extended Thursday’s biggest decline in two months after Greece offered creditors a package of reforms and spending cuts, as it

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Business Headlines

©2015 Bloomberg News NR3BA56K50ZH (Bloomberg) — Stock futures signaled a rebound from Monday’s Greece-inspired equity losses, with contracts on Chinese shares rising as the government strives to quell gyrations in its markets. New Zealand’s dollar retreated, while oil rallied after its steepest slump in five months. Futures on equity gauges

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Business Headlines

©2015 Bloomberg News NQ5ZV96JIJUY (Bloomberg) — After nine months of division in Hong Kong that saw protesters clash with police, the city’s decision on whether to accept a China-backed plan for picking its chief executive ended with 28 lawmakers voting against and 8 for. A widely expected narrow defeat of

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Business Headlines

©2015 Bloomberg News NPRCNT6TTDS8 (Bloomberg) — Betting that identical stocks will trade at similar prices in China and Hong Kong is proving a great way to lose money. The mainland premium on dual-listed shares has surged to an average 113 percent from 30 percent a year ago, burning anyone who

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Business Headlines

©2015 Bloomberg News NNU33H6K50Y3 (Bloomberg) — Most emerging-market stocks rose as Chinese property companies rallied and Indian stocks rebounded from a three-month low. The Ibovespa jumped to the highest since October as Brazilian commodity producers rallied. Evergrande Real Estate Group climbed to a record in Hong Kong, pacing property companies

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