A weaker U.S. dollar, less negative economic numbers and improved market sentiment in China would reduce depreciation pressure on yuan in the next few months compared with the beginning of the year, a UBS report noted.
Apr 092016
Apr 092016
China COSCO Shipping Corporation Limited, China’s state-run shipping giant, entered into a deal with Greece’s privatization fund HRADF on Friday to take over a 67-percent stake in the European nation’s main port of Piraeus.
Apr 092016
China’s securities regulator is seeking to revise its risk management rules on securities firms to adapt to new changes in the industry.
Apr 072016
Net capital flows to emerging economies have slowed since 2010, while better polices narrow the impact, said the International Monetary Fund (IMF) on Wednesday.
Apr 062016
British services purchasing managers’ index (PMI), a gauge measuring the industry activity, registered 53.7 in March from 52.7 in February, said data supplier Markit on Tuesday.
Apr 052016
The little bit of calm that has returned recently shows that the concerns outsiders had about the Chinese economy had been somewhat rushed and exaggerated, a senior economist said.
Apr 042016
The little bit of calm that has returned recently shows that the concerns outsiders had about the Chinese economy had been somewhat rushed and exaggerated, a senior economist said.
Apr 042016
The eurozone seasonally-adjusted unemployment rate in February hit the lowest level since August 2011 at 10.3 percent, the statistical office of the European Union (EU), Eurostat, said on Monday.
Apr 042016
The International Monetary Fund (IMF) on Monday called for greater policy cooperation in view of the rising financial integration of emerging market economies into the global market.
Apr 022016
Spain’s car sales rose by 6.9 percent in the first quarter of this year, according to data released on Friday by the sector.