Philip Chua Business Blog

Posts Tagged ‘China’

Uneventful markets record modest changes. US equities were unchanged (S&P500) until late into a choppy NY session, the last hour seeing sellers push the index to a -0.4% close. There was little economic data from the US to influence price action, M&A activity (Campbell Soup eyeing UK's United Biscuits, China's

The risk aversion prevailing since 21 June accelerated during a vicious day of selling in global equity markets, affecting the other asset classes. China's 4.3% fall in the Shanghai composite index was cited as a catalyst for the acceleration phase, the Eurostoxx 50 closing 4.2% down, and the S&P500 currently

Markets failed to advance the China-inspired risk rally past the Asian session. The S&P500 physical index gapped higher at the open, but this was simply refl ecting its futures counterpart's earlier gains. Indeed, S&P500 futures peaked around the Sydney close, and started a retreat which has seen all the previous

SELLING in China and Hong Kong and a weak opening for Europe because of concerns over Greece yesterday spilled over to the local market, dragging the Straits Times Index down 10.94 points to 2,991.68. The weakness was broad-based - excluding derivatives, there were 289 falls versus 166 rises. As always in times of softness, traders resorted to churning the low-priced pennies for opportunities - ex... more

INVESTORS today are increasingly looking towards emerging markets like the BRIC economies (Brazil, Russia, India and China) to park their money. The term was first coined nearly a decade ago by Goldman Sachs economist Jim O'Neill, who argued that the combined economies of the BRICs could eclipse those of the world's richest countries by 2050. These four countries today certainly lo... more

Web sites dealing with subjects such as the Tiananmen Square protests could all be accessed through Google’s Chinese search engine Tuesday in defiance of Beijing’s censorship rules.

Google – Tiananmen Square protests 1989 – Beijing – China – Web search engine