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Showing 41 - 50 of 294 results for "Yuan"

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
Emerging markets had been rallying even before 2017 turned into 2018, outperforming developed markets - 27.8% versus 16.3% - at the end of last year. Those were the days of synchronised growth upswing, given more oomph by Trump's declared corporate ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... the euro; down 6.4% versus the yen; 3.5% down on the British pound; and, 3.4% lower even against the depreciated Chinese yuan. The corresponding AUD stats from its 2018 high: It's down against the greenback (-9%); euro (-4%); yen (-7.3%); pound (-4.1%) ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... this reflected in some forward-looking indicators..." While China - and its bear market in equities and the depreciating yuan - will immediately come to mind, Japan's also taking a hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... inflow into America. The flipside, of course, is depreciation in the currencies of America's trading partners. The Chinese yuan has dropped by 5.9% from its 2018 high. Similarly, relative to their 2018 highs: the euro's down by 7.4%; the pound's ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness of the Sino-US trade "spat" du jour. While not many ...

Chief economist update: China's neo-great leap forward

BENJAMIN ONG  |  MONDAY, 4 JUN 2018
... the MSCI China A-share inclusion, buying accelerated, with April recording a high monthly northbound net inflow of 40.54 yuan, up 222% on March's northbound inflow and a staggering four times the net inflows seen in April 2017." But while funds would ...

Chief economist update: The dog ate my growth target

BENJAMIN ONG  |  TUESDAY, 20 FEB 2018
... high expectations for a CNY3.0 trillion outcome. With the increased liquidity in the economy comes increased lending. New yuan loans provided by China's banks surged to a record CNY2.9 trillion in January, a five-fold increase from the CNY584.4 billion ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
... CNY1.04 trillion recorded in the previous month. With the increased liquidity in the economy comes increased lending. New yuan loans provided by China's banks increased to CNY1.12 trillion in November compared with market expectations for an increase ...

Less liquidity to lessen risk

BENJAMIN ONG  |  TUESDAY, 14 NOV 2017
... -- from CNY 1.8 trillion in the previous month. With the reduce liquidity in the economy comes a reduction in lending. New yuan loans provided by China's banks dropped to CNY663.2 billion in October from CNY1,116.0 billion in the previous month - the ...

China's inflation lift indicates strong demand

BENJAMIN ONG  |  FRIDAY, 10 NOV 2017
... 6.9% growth rate of the overall economy during the period. Industrial companies with annual revenue of more than 20 million yuan ($3 million) reported profits of 5.58 trillion yuan in the first nine months, up 22.8% from a year earlier, previous NBS ...