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Showing 251 - 260 of 1624 results for "Chinese"

Beware the fintech Ponzi scheme

MICHELLE BALTAZAR  |  FRIDAY, 26 OCT 2018
... of investors until, eventually, the money runs out. As published in the paper, a few days before Christmas in 2012, a Chinese P2P lender called Youyi Net suddenly shut down its business after four months of operation. The three partners ran away with ...

Chief economist update: The winter of Australia's discontent

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2018
... market. Reuters' reports that China's imports of sorghum dropped by 76.9% in the year to September, "dragged down by Chinese tariffs on cargoes of the commodity from key supplier the US." This should give Australia a window to step in as substitute ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... for life" has added his voice, promising unwavering support for China's non-state firms, to the vice-premier, and Chinese institutions - People's Bank of China, China Securities Regulatory Commission and China Banking and Insurance Regulatory ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
When the going gets tough, China's authorities get going. Fresh data that showed the Chinese economy slowed to 6.5% in the year to the September quarter shouldn't have generated big concerns - despite headlines that it is the slowest growth ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
... more worrying as it comes against a backdrop of a depreciating currency. Currently trading at around CNY6.92/US$1, the Chinese yuan has fallen by 5.9% against the US dollar since the start of the year and by 9.5% from this year's peak of CNY6.26/US$1 ...

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
... has already upped the ante on his trade war against China then, announcing another set of tariffs on US$200bn worth of Chinese goods (effective 24 September) and the US-Mexico-Canada Agreement (USMCA) signed on 1 October. Perhaps it's the combination ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... investors' dashboards following yesterday's 3.7% drubbing in the Shanghai composite index and the 0.5% depreciation in the Chinese yuan CNY6.9136 versus the greenback. At any other given day, investors would have dismissed this as one of those ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... tariff phase two is less onerous than was originally threatened. The US is slapping a 10% tariff on US$200 billion worth of Chinese imports (but would rise to 25% at the start of 2019) instead of the outright 25% initially announced. In response, China ...

Chief economist update: China shares inclusion in MSCI is a blessing and a curse

BENJAMIN ONG  |  MONDAY, 17 SEP 2018
... into MSCI indexes got investors all excited. 1 June 2018 marked the day when Morgan Stanley Capital Index (MSCI) included Chinese A-shares into its benchmark MSCI Emerging Markets Index and MSCI All Country World Index and MSCI China Index - a culmination ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... last week. Now that the "public comment" period is over, Trump is expected to impose tariffs on US$200 billion worth of Chinese imports and later threatened to tax another US$267 billion of goods coming from China. This would certainly prompt retaliation ...