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Showing 81 - 90 of 294 results for "Yuan"

China's January effect

BENJAMIN ONG  |  MONDAY, 11 JAN 2016
... less). But it's the return of China's summer of discontent - precipitous drop in its stock market and devaluation of the yuan - during this Northern Hemisphere winter that sent investors packing and out of risk trades. The CSI 300 index was 9.9% lower ...

Nippon Life says MLC will bolster falling profits

ALEX BURKE  |  MONDAY, 14 DEC 2015
... "gradually [declining] due to concerns about the Chinese economy decelerating in the wake of the devaluation of the Chinese yuan and the resulting drop in exports." However, Nippon Life suggested that its investment in the Australian life insurance market ...

Fairy tales may come true

BENJAMIN ONG  |  THURSDAY, 3 DEC 2015
... happening in the third quarter - plus, remember the sharp volatility in China's stock market, the surprise devaluation of the yuan and... the Australian equity market's "worst three-month performance since the September quarter of 2011" in the September ...

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
It didn't happen overnight, but it will happen. It may be a bit of an anti-climax but it's now official... the Chinese yuan will formally join the US dollar, the euro, the Japanese yen and the British pound in the International Monetary Fund's basket ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
... move largely seen as a step towards greater interest rate liberalisation - one of the IMF's pre-conditions in including the yuan in its SDR (Special Drawing Rights) basket of currencies. I'll give what they're giving. The ECB and the PBOC's latest moves ...

China should have hardlanded

BENJAMIN ONG  |  TUESDAY, 20 OCT 2015
... market began tumbling (in July) - the Shanghai Composite Index dropped by 45.9% from peak to trough - and China devalued the yuan (in August) - triggering fears that the move was borne of concern over weakening growth. China should have hardlanded! If ...

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
... year - much, much less than the expected 6.0% drop and better than August's 5.5% decline. This indicates that the PBOC's yuan depreciation in August is helping or China's export markets are not slowing as much as feared... or both. But if China is well ...

Reversal of fortunes

BENJAMIN ONG  |  MONDAY, 12 OCT 2015
... into a bear market, commodity prices were dropkicked to a 16-year low - reportedly triggered by China's devaluation of the yuan just over a week before, seems like a distant memory now. "Horror Monday" (22 September) - the day Citi chief economist Willem ...

China puts another one in the bag

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2015
... capitalisation briefly in 2011, dropped but regained it again in 2014. China has added another feather in its hat this August with the yuan nudging the yen out to become the world's fourth most used payments currency. International payments provider ...

Nikko downgrades equities stance

MARK SMITH  |  FRIDAY, 2 OCT 2015
... despite struggling to transition to a more balanced economy. "Certainly, the recent volatility in its equity market and the yuan has lessened confidence in the country's stability, but we expect it to achieve 6.4% half-on-half seasonally adjusted annual ...