The total value of homes sold in China posted a 38% year-over-year gain to 941 billion yuan in October, based on calculations by Bloomberg using data from the National Bureau of Statistics. The increase follows […]
Leading technology firms are preparing for a showdown with President-elect Donald Trump’s administration regarding data mining and privacy, which have been a source of controversy since Edward Snowden revealed information about mass surveillance. Other firms […]
Iran plans to sign a preliminary $6B deal with Total (NYSE:TOT) today to help develop an offshore gas field, an agreement that would mark the first Western energy investment there since international sanctions were lifted […]
Chinese trade data for October came in below expectations as weak demand continued to weigh on the world’s second-largest economy. Exports contracted by 7.3% on year, while imports fell 1.4%, resulting in a trade surplus […]
China’s yuan, weakened by a surge in capital flight, approached a six-year low against the US dollar Tuesday. The government is tightening measures to limit capital outflow, including restrictions on using bitcoin to transfer money […]
China’s Finance Ministry has directly rejected any “implicit support” for the debt obligations of entities with regional government relationships. The ministry said the debt of enterprises, including financing vehicles, owed to local governments “is not […]
The pending launch of the Shenzhen-Hong Kong Stock Connect has the China Securities Regulatory Commission increasing scrutiny of possible cross-border market manipulation, including a crackdown on high-leveraged structured products, multiple foreign accounts and abuse of […]
Progress on the second review of Greece’s bailout is “showing signs of being extremely positive,” said Pierre Moscovici, chief of economic affairs at the European Commission. A broad agreement could be reached by year-end, he […]
Stock markets worldwide jumped Monday as expectations rose that Hillary Clinton will be elected president of the US on Tuesday. Markets are bracing for volatility as investors grapple with what the outcome of the election […]
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