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More than a dozen Chinese provinces have announced an extension of the current Lunar New Year holiday by more than a week as the nation attempts to halt the rapidly spreading coronavirus that has so far claimed 362 lives, all but one in China. More news on: iShares China Large-Cap ETF, K...
Worried by the mounting death toll from the coronavirus and drastic efforts to contain it, investors dashed for the exits as Chinese markets reopened following an extended Lunar New Year break (markets have been closed since Jan. 23). More news on: iShares China Large-Cap ETF, KraneShares ...
Stocks in China are primed for a steep plunge when markets in Shanghai and Shenzhen reopen tomorrow following a Lunar New Year break that was extended by the government. More news on: iShares China Large-Cap ETF, KraneShares CSI China Internet ETF, Invesco China Technology ETF, News on ETF...
Admittedly, I've been bearish on the Chinese economy for nearly two years. The nation's economy, and specifically its banking system, is propped up by its highly speculative real estate and construction sector which is poised to burst. The PBOC has "kicked the can down the road" for years (o...
Chinese President Xi Jinping has called the accelerating spread of a new coronavirus "a grave situation" as officials struggle to stop the spread of the disease that has so far infected more than 1,400 people worldwide and killed 42. More news on: Starbucks Corporation, Marriott Internat...
The most interesting thing happening at the moment is the Chinese coronavirus that has sent the Chinese markets down 5% already this week and our 5% Rule™ says a weak bounce is 1% and a strong bounce would be 2% - so we'll see if the weak bounce fails tonight and, if so, we may be hea...
Chinese authorities have halted travel from Wuhan, the city where the new coronavirus first appeared, in the latest bid to stop the spread of a disease that has already claimed 17 lives and infected nearly 600 people. More news on: iShares China Large-Cap ETF, KraneShares CSI China Inter...
Stocks in Hong Kong slumped 2.8% overnight, leading losses across Asia, after Moody's cut its rating for the city to Aa3 from Aa2, citing an "absence of tangible plans to address either the political or economic and social concerns of the Hong Kong population." More news on: iShares Ch...
A bruising trade war with the U.S. and sputtering investment saw China's economic growth grow by 6.1% last year, as a slowdown rippled through many sectors of the Chinese economy. More news on: iShares China Large-Cap ETF, KraneShares CSI China Internet ETF, Invesco China Technology ETF,...
The Trump administration has officially lifted its designation of China as a currency manipulator, more than five months after the country was added to the list. More news on: iShares China Large-Cap ETF, KraneShares CSI China Internet ETF, Invesco China Technology ETF, News on ETFs, Glo...
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2024-07-12 16:37:08 ET The crypto market came to life this week as investors moved up the risk curve ahead of earnings season. A low inflation reading certainly helped and high-beta stocks and crypto were some of the market's biggest beneficiaries. According to data provided by S&...
2024-04-21 06:11:00 ET There's been a recent surge in investor interest in projects that are operating at the convergence of the artificial intelligence (AI) and cryptocurrency spaces. In 2024, as excitement about AI reached new heights, numerous cryptocurrencies that branded themselves as ...
2024-04-12 18:42:06 ET Sooner or later, even the most beloved financial assets obey gravity no matter how high they've soared. This week we saw a decline in a clutch of very recently soaring altcoins, as a higher-than-expected inflation readout and profit-taking hit the cryptocurrency marke...