Matt Miskin, market strategist of John Hancock Investments, told Yahoo Finance’s On the Move, that what we’re seeing unfold is “the perfect storm for China.” “They’ve had foreign policy as an issue as … (…
Monthly Archives For August 2019
Exclusive: Yuan at right level, disorderly capital flows unlikely – China central bank official
UPGRADING THE TRADE WAR? The real aim of the U.S. currency manipulator label is to disrupt China’s financial markets and its economy, said Chen Yuan, former chairman of the China Development Bank – … (…
China’s tech firms to post slower June-quarter growth on sagging demand
(Reuters) – China’s top technology, e-commerce and consumer electronic firms are set to report a sharp slowdown in revenue growth for the June quarter, as a bruising trade war with the United … ( read…
China fixes its yuan midpoint at 7.0326 per dollar
China’s central bank set the official midpoint reference rate for the yuan at 7.0326 per dollar on Tuesday, stronger than what analysts were expecting. It was the fourth consecutive session where the … ( read…
Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely
BEIJING (Reuters) – China’s yuan CNY=CFXS is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the People’s Bank … ( read original story …)
China’s July new loans dip more than expected, further policy easing seen
the trade war and a years-long drive to purge risks from the financial system. Some firms also say banks are sharply reducing credit lines. China’ economic growth slowed to a near 30-year low of ……
China caught in low yield vortex
China’s bonds have proved somewhat resilient to the tracker … Singapore’s 10-year yield plumbed to around 1.68 per cent – its lowest since 2016 – on Monday after the Asian financial hub slashed its ……
Crypto Markets Braced As China’s Long-Awaited Bitcoin Rival ‘Almost’ Here
Bitcoin’s release a little over ten yeas ago was a relatively small event that’s had huge ramifications, with some of the world’s biggest companies and countries getting into cryptocurrencies. The … ( read original story…
China 10-Year Sovereign Yield Falls to 3% First Time Since 2016
(Bloomberg) — China’s 10-year sovereign bond yield fell to 3% for the first time since 2016, joining a global rally of government debt as the nation’s economy slowed and its trade dispute with the ……
China’s State Cryptocurrency Coming Soon, Featuring Two-Layer Structure
This article was originally published by 8btc and written by Lylian Teng. China is about to roll out its central bank digital currency (CBDC), which features a two-layer operation mechanism, with … ( read original…
China Central Bank Ready with Crypto Prototype
People’s Bank of China (PBoC) is ready with a prototype on a state-backed digital coin, to be distributed through commercial banks, reported Shanghai Securities News. “People’s Bank digital currency … ( read original story …)
China Stimulus Pressure Grows as Weak Economy Hits Loan Demand
Unlike global peers, China’s policy makers have shown little sign that they’re contemplating more aggressive monetary stimulus as they remain focused on keeping a lid on debt and financial stability … ( read original story…
Hong Kong protests ‘could have ripple effects very easily into China,’ Eurasia Group’s Hirson says
… in Hong Kong could have ripple effects very easily into China,” Eurasia Group Director for China Michael Hirson told Yahoo Finance’s On The Move. “What we need to watch for is a real further…
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