All Entries Tagged With: "chinese"
Chinese dissident leaves for U.S.: reports
By Andria Cheng , MarketWatch Blind Chinese activist Chen Guangcheng, who left Beijing for the U.S.
Asia Stocks to Watch: As U.S. watches Facebook, Hong Kong eyes Tencent
By Chris Oliver , MarketWatch HONG KONG (MarketWatch) — While U.S. markets were focused on the impending debut of Facebook Inc., Chinese social-media major Tencent Holdings Ltd. got some positive attention of its own Friday, helped by a broker’s price-target upgrade and a timely reorganization
Australian dollar briefly breaks through parity
SYDNEY (MarketWatch) — The Australian dollar (US:cur_audusd) briefly broke below parity with the U.S. dollar Monday, for the first time since December last year. The Australian currency — widely viewed as a barometer for riskier assets — has been under pressure recently as Europe’s debt woes intensified and after a batch of weaker Chinese economic data.
Japan to speed pact with Korea, China: WSJ
By MarketWatch LOS ANGELES (MarketWatch) — Japan is promising to speed up efforts to forge a trade agreement with South Korea and China, opening the prospect of a formidable union rivaling the largest regional pacts in the world, The Wall Street Journal reported Saturday. In an interview with the Journal, Prime Minister Yoshihiko Noda said Japan wants to start negotiations on an agreement “as soon as possible.” The agreement would be called the FTA and rival the North American Free Trade Agreement and the European Union in size.
Asia Markets: Japan stocks rise on earnings, but others slip
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Asia markets diverged early Friday, with earnings lending support in Tokyo, while losses for exporters dragged Seoul into the red, and with the region awaiting a batch of Chinese economic data due later in the day. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.34% added 0.3%, while South Korea’s Kospi KR:SEU -0.70% fell 0.6%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO -0.13% slipped 0.1%
Futures Movers: Crude-oil slips as China trade data disappoints
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Crude oil futures slipped in electronic trading Thursday, putting the commodity on track for seven session losing streak, as disappointing Chinese trade data cast another shadow on the global economy. Crude-oil for June delivery /quotes/zigman/2203144 CLM2 -0.40% edged down 5 cents, or 0.1%, to $96.76 a barrel on the New York Mercantile Exchange during Asian trading hours.
China’s April exports rise 4.9% as imports edge up 0.3%, far below forecast
HONG KONG (MarketWatch) — Chinese exports rose 4.9% in April from a year earlier, while imports rose 0.3%, official data showed, well below expectations of analysts polled by Reuters of 8.5% and 11% growth, respectively. China’s trade surplus for April widened to $18.4 billion, compared to expectations of $10.4 billion
Asia real estate investment drops in 1st quarter
HONG KONG (MarketWatch) — Commercial and industrial real estate investment in Asia tumbled 42% in the first quarter from the prior three-month period, signaling an across-the-board weakening, apart from Hong Kong where investment doubled, according to a report Tuesday by CBRE. The transactions, involving offices, retail complexes and industrial facilities, totaled $11.6 billion for the quarter, CBRE said. The real estate services company said the Chinese Lunar New Year holiday dampened activity in the January to March period, while buoyant sales activity in the second half of last year was also a factor casting a softer tone on this year’s figures.
Asia Markets: Most Asia markets rebound, but China falls
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Most Asia stock markets notched slim gains Tuesday, but the rebound was constrained by political uncertainty in Greece, and Chinese shares slipped to the downside. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.69% added 0.7%, while South Korea’s Kospi KR:SEU +0.54% gained 0.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.30% put on 0.3%.
Stocks could face more turbulence in the week ahead
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Stocks could face more turbulence in the week ahead After April’s weak jobs report, investors will scrutinize each piece of economic data for a read on whether the economy`s soft patch is temporary or the start of something more troubling. After April`s weak jobs report, investors will scrutinize each piece of economic data for a read on whether the economy`s soft patch is temporary or the start of something more troubling.