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Showing 131 - 140 of 294 results for "yuan"

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
Whoopsie! No more free Chinese take-aways. Yeah, yeah, I know... I'm a day late and a yuan short in bringing to you the latest market moving event in the world's second biggest economy. And yes, I mentioned short because some speculators might be thinking ...

China heading for debt disaster, sure sure

BENJAMIN ONG  |  TUESDAY, 14 JAN 2014
... only if there's no national government (with around US$4 trillion in reserves to back them up). That's around 24 trillion yuan, that would easily cover the "total size of government debt including official debt, explicit and implicit loan guarantees ...

Spend, spend, spend

BENJAMIN ONG  |  TUESDAY, 22 OCT 2013
... reports, "Angang Steel Co. (000898), the largest steelmaker traded in Hong Kong, said Oct. 11 that it probably had 63 million yuan in net income last quarter, compared with a loss of 1.19 billion yuan a year earlier. No wonder iron ore prices are again ...

While America was shuttered

BENJAMIN ONG  |  MONDAY, 21 OCT 2013
... competitiveness in the world market - the main reason for the RBA's wish for a cheaper Australian dollar, the PBOC controlling the yuan's appreciation and, the BOJ's launch of massive monetary stimulus back in April. But a cheaper currency brings economic ...

The tale of two PMIs

BENJAMIN ONG  |  THURSDAY, 25 JUL 2013

Nothing below seven percent

BENJAMIN ONG  |  WEDNESDAY, 24 JUL 2013
... preparations may already be underway. According to China Business News, China is planning to increase its planned 650 billion yuan (US$106 billion) spending on railway construction this year. Did it just say increased railway construction? That involves ...

Mother of all hard landings and other BSes

BENJAMIN ONG  |  MONDAY, 1 JUL 2013
... for he has turned billionaires into millionaires (or thousandners?). Those who took his advice would have sold the Chinese yuan when he warned, "Expect Yuan Devaluation Following Deep 2010 Downturn" back in November 2009. Last time I looked, the yuan ...

Yuan to float free, in our dreams

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2013

Market Wrap

AAP  |  MONDAY, 13 MAY 2013
... closed up 0.62 per cent. The benchmark Shanghai Composite Index rose 13.86 points to 2,246.83 on turnover of 81.3 billion yuan. WELLINGTON - The NZX 50 Index rose 13.44 points, or 0.3 per cent, to 4652.77.

Market Wrap

AAP  |  FRIDAY, 10 MAY 2013
... ending a four-day streak of closing up. The Shanghai Composite Index fell 13.33 points to 2,232.97 on turnover of 91.2 billion yuan ($14.9 billion) after the government said China's consumer price index rose 2.4 per cent year-on-year last month, compared ...