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Showing 91 - 100 of 294 results for "Yuan"

Comparative advantage

BENJAMIN ONG  |  TUESDAY, 29 SEP 2015
... Statistics reported that declining producer prices, reduced investment returns and foreign exchange losses (due to the recent yuan devaluation) combined to bring industrial profits down by 8.8% in the year to August - the sharpest fall since October ...

China stimulates

BENJAMIN ONG  |  THURSDAY, 10 SEP 2015
... plans to reduce income taxes for small businesses and release more funding for infrastructure projects - about 70 billion yuan worth of two railway projects have already been approved. And don't we fret about funding, it has the resources: "Fiscal surplus ...

So bad it could only be good

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2015
... weakness in Beijing's foreign purchases of goods and services as the People's Bank of China's (PBOC) surprise devaluation of the yuan last month makes the price of "made in other countries" dearer. Similarly, lower export growth provides further evidence ...

Yuan stable (for now)

BENJAMIN ONG  |  TUESDAY, 8 SEP 2015
... to accusations that the People's Bank of China's (PBOC) was engaging in "beggar thy neighbour" policy when it devalued the yuan - 3.4% in total - last month. The Chinese central bank's action shocked investors everywhere. The main reason being that the ...

Feds still in a hole at the Jackson

BENJAMIN ONG  |  MONDAY, 31 AUG 2015
... "Downside risks are getting smaller... A modest recovery is expected in the second half." To be sure, that was before the yuan devaluation and the disappointing Caixin flash China PMI report but... that was also before the latest round of policy stimulation. ...

A$ falls to the occasion

BENJAMIN ONG  |  TUESDAY, 25 AUG 2015
... Bank of Australia (RBA) has found itself engaged in this new currency war - triggered by China's recent devaluation of the yuan - without firing a single shot (it has kept interest rates unchanged since June), or to quote Bruce Lee, it's engaged in "the ...

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
... 6A1/2-year low of 47.1 in August, topped by the continuing volatility in China's stock market and its recent devaluation of the yuan (it could devalue again). Developments in China - coupled with speculation over an imminent Fed interest rate hike - ...

Should the Fed re-launch QE?

BENJAMIN ONG  |  FRIDAY, 21 AUG 2015
... economic growth in China raised some concerns." And this was before the People's Bank of China's (PBOC) devaluation of the yuan. "While the recent Chinese stock market decline seemed to have had limited implications to date for the growth outlook in ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
... economy - in addition to the hits from China's slowdown and the People's Bank of China's (PBOC) recent devaluation of the yuan, capital outflows out of emerging markets on speculation of a near-term Fed lift-off and weak consumption and capital expenditure ...

One down, two to go

BENJAMIN ONG  |  MONDAY, 17 AUG 2015
... Kingdom's stock markets. That calmed but was replaced by the People's Bank of China's (PBOC) surprise devaluation of the yuan on Tuesday, Wednesday and Thursday (when the ECB meeting minutes were released) last week. "...financial developments in China ...