China

Recent Posts

Parasnand Madho
20 Jun, 2011 | 08:25 AM
2,693 Views
Comments (1)
Ahead of the Bell: Dow futures are trading down 55 points and S&P futures are trading down 6 points after EU finance ministers delayed the next installments of loans to Greece. European Union leaders said Greece has to implement stricter austerity measures before the next tranche of payments is delivered, some $17 billion. The ministers and the IMF said the funds will be delivered by mid-July, Greece has confirmed that is when the additional payments would be needed to avoid a default. ...
Parasnand Madho
16 Jun, 2011 | 08:20 AM
2,667 Views
Comments (1)
Ahead of the Bell: Dow futures are trading down 52 points and S&P futures are trading down 5 points as EU leaders continue to struggle to come up with a second rescue package for Greece. Germany wants private investors to participate in the negotiations. Protest and violence flared again in Greece against austerity measures. Reports indicate Greece's Prime Minister is looking to reshuffle his cabinet to get the votes needed to push through his austerity plan. Investors fear if Greece is allowed to default it will destabilize the entire Euro-zone region. ...
Parasnand Madho
15 Jun, 2011 | 08:09 AM
3,015 Views
Comments (1)
Image via CrunchBase ...
Parasnand Madho
14 Jun, 2011 | 08:22 AM
2,654 Views
Comments (1)
Ahead of the Bell: Dow futures are trading up 69 points and S&P futures are trading up 10 points despite added signs the economy in China is slowing, although not too quickly. According to China's National Bureau of Statistic, inflation rose to 5.5% in May compared with 5.3% in April, in line with economists’ expectations. China raised bank reserve requirements by half a percentage point to 21.5%, this is the ninth time since last October China has raised bank reserves to curb inflation. ...
Parasnand Madho
13 Jun, 2011 | 08:24 AM
4,174 Views
Comments (1)
Image by Getty Images via @daylife ...
Courtney Raio
10 Jun, 2011 | 05:07 PM
3,694 Views
Comments (1)
The Dow closed below 12,000 for the first time since March 18 as markets all finished lower on the day.  The sell-off was triggered by Chinese trade data this morning and news that Germany is insisting on private investor involvement for the Greek bailout, threatening the ECB’s ability to deliver the bailout package.  Today’s slide also closed out the sixth straight week of declines, the longest stretch since 2002. ...