china economy

Chancellor George Osborne misses approval rating as faith in UK economy slides

Britain is losing its faith in the chancellor George Osborne as he is readying for the annual budget in the midst of global challenges facing the nation's economy. Poor economic conditions prevented the chancellor from achieving his election targets.

China Doubles The Deposit For Stock Margin Trading

China will double the deposit required for investors to borrow funds to trade stocks, known as margin trading.

China to drop down its copper imports following weak domestic demand

China is going to import less copper as its domestic demand weakened driven by slowing economy growth. The weakened copper consumption in China has dropped down the metal's prices.

China Announces No Tough Rules For Foreign Bank Card Firms

China will not impose tough licensing restrictions on overseas bank card providers.

Bitcoin Value Keeps Surging Surprisingly

A surprising hike of Bitcoin value occurs in again in October. A Chinese capital outflow is the main reason of the sudde rise.

Oil price continues to slump after weak data from China

Crude-oil prices dropped in early Asia trade on Monday as lackluster Chinese factory activity data widened fears that demand from the world’s second-largest economy is likely to stay low.

Asian Shares continue to rally higher

Asian markets continue to rally to two month high as the China bank announced that it will lower the benchmark interest rate by 25 basis. The news drive most markets in the Asian region to climb higher.

Chinese President Xi Jinping visits Britain

Chinese President Xi Jinping starts his official four-day visit to Britain today and was welcomed by the Queen herself. Xi Jinping is expected to sign few agreement that will increase both countries relation.

Asia shares trade at three weeks low after new data from China was released

China released new data on declining companies profit on late Monday prompt fear among investors causing a significant selling action in early trade. This, together with a sharp drop in the Wall Street on Monday fuels concern among investors.

New H&M stores to open in China

Despite China's market slowdown, still investors take the risks to open business such as H&M. The clothing company will spread its brand awareness among Chinese consumers with hopes that it will be successful.

China unveils details of state-firm reforms as growth sputters

New state firm reformed announced by Chinese authority on Sunday will see the firm being integrate in fewer firm. Through the reform, state-firm will also be given freedom to attract private investors into the firm.

Japan's Nikkei turns negative for the year to date

Japan's Nikkei dipped into negative territory for the year following a 2.4% plunge Tuesday. Despite better-than-expected growth in the second quarter, investor sentiment was weighed down by weak trade data from China.

China Changes How to Report GDP to Meet IMF's Standards

In an effort to improve current economic situation, Chinese authority is adopting IMF standard to report their GDP to make sure any changes in the economic will be reflected in the data. The move is also part of China effort to obtain a reserve currency status for Yuan.

China devaluation: Is it a serious concern for US economy?

The Chinese currency Yuan devaluation is not only impacting Asian economy alone, but also creating tremors in the world's largest economy. The US market is feeling the heat of devaluation of Yuan as it's indirect impact is more on consumer durable products, industry and stock markets as well.

Latest Stories

The Surge in Copper Prices: Predictions and Market Reactions

The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.

Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors

Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.

Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m

Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.

IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Protecting Your Practice: The Importance of Professional Liability Insurance for Professionals

In today's complex and litigious business environment, professionals across various industries face numerous risks that could jeopardise their practice. From legal claims and client disputes to regulatory investigations, the potential threats are vast.

Must Read

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

Amin Makhlouf: Redefining Real Estate Transactions with Digital Innovation

In an industry often rooted in tradition, Amin Makhlouf brings a fresh perspective, combining youthful energy with groundbreaking ideas in real estate. As the founder of Makyee, he's transforming the way properties are bought and sold in Dubai, aiming to make these processes more accessible, efficient, and transparent.

Is Mr. Black Being Silenced by X in His Mission to Bring About the Messianic Age?

The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known as Twitter.

Fed's Powell Hints at Rate Cuts with Strong Economic Data

Fed Chair Powell hints at potential rate cuts amid strong economic data, signaling a shift in monetary policy to support continued growth and stability.

Employers Rethink Financial Wellness Programs to Address Worker Needs

Traditional financial wellness programs are failing to meet the needs of today's workforce.

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