Veteran stock analysts have become cautious about Chinese green energy bets because of fund managers’ record-high holdings, slowing gains by fossil fuel prices and geopolitical risks. ( read original story ...)
China Central Bank Cuts 14-Day Reverse Repo Rate, Steps up Cash Injections
China's central bank lowered the borrowing cost of 14-day reverse repos on Monday and stepped up cash injections to counteract higher demand towards the quarter-end. The People's Bank of China (PBOC) ... ( read original story ...)
As IPO market languishes in the US, listings head east to booming China
The epicentre of global initial public offering activity has shifted east to China as waves of volatility and slumping stock markets have sent virtually all sizeable listings in the US into limbo. ( read original story ...)
Asian shares mostly higher after wobbly gains on Wall St
In Hong Kong, the Hang Seng index was 0.5% higher, at 18,941.04, while the Kospi in Seoul edged 0.1% higher to 2,413.07. Australia's S&P/ASX 200 added 0.6% to 6,869.60. Trading was tentative in New ... ( read original story ...)
Uzbekistan, Central Asia Try to Redefine Shanghai Cooperation Organization
Uzbekistan, SCO host, uses chairmanship in Samarkand to emphasize the group is not and should not be anti-American or anti-NATO organization ... ( read original story ...)
As US IPO market languishes, listings head east to booming China
THE epicentre of global initial public offering (IPO) activity has shifted east to China as waves of volatility and slumping stock markets have sent virtually all sizable listings in the US into limbo ... ( read original story ...)
Stock Futures Fall After FedEx Issues Dire Warning
Stock futures are lower this morning, as transport stocks take a hit following a scary warning from FedEx (FDX) ... ( read original story ...)