China's imploding equity market spooked Wall Street again Tuesday, halting a rally in US stocks and turning sharp gains into deep losses. Major indices turned negative in the final minutes of tradi ...More
EJ Insight2015-08-26
... that the sharp downturn in growth seen during 2014 might be starting to abate. As early as December last year there were tentative signs that the plunge in consumer sentiment was beginning to level o ...More
EJ Insight2015-08-25
... triggered sharp currency devaluations in Malaysia and Indonesia. Even the Australian dollar has suffered from the sell-off. The Indonesian central bank used US$300 million to safeguard its currency wh ...More
EJ Insight2015-08-25
... e enjoyed sharp appreciation in their assets. However, the devaluation prompted them to dump their property investment, triggering a fall in property prices. The billionaire's wife used to go on shopp ...More
EJ Insight2015-08-24
Alarm bells rang across world markets on Monday as a plunge in Chinese shares and a sharp drop in the dollar and major commodities panicked investors. European stocks opened more than 3 percent in the ...More
EJ Insight2015-08-24
China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official sa ...More
EJ Insight2015-08-24
Japan's Sharp Corp. is in talks with Taiwan's Hon Hai Precision Industry Co. for a tie-up in its struggling flat-panel display business, Reuters reported, citing sources. Under the proposed plan, Shar ...More
EJ Insight2015-08-24
... led to a sharp decline in the language competence and a lack of common knowledge among young people, resulting in a skills gap in the labor market. But is it really true? According to the golden rule ...More
EJ Insight2015-08-22
... a further sharp devaluation, although investors are still fearful of currency wars. Many dim sum bond investors have decided to redeem their investment to avoid foreign exchange risks, as the daily f ...More
EJ Insight2015-08-21
... moves to sharply devalue the yuan, saying the claim was a “complete nonsense”. However, such worries continue to prevail in the market, and market participants are still divided over the redback’s ou ...More
EJ Insight2015-08-21
... ause of a sharp decline in the country’s exports. And devaluation of the renminbi could be viewed as an aggressive move to reverse the export slide and restore domestic growth -- a move that could pro ...More
EJ Insight2015-08-20
... d another sharp fall despite there being no major bad news. That could further hamper Beijing’s efforts to restore market confidence. The market posted a steady recovery for two weeks after the “natio ...More
EJ Insight2015-08-19
The newest quarterly data for China's smartphone market reveals a divergence taking place, with the actual number of phones sold down sharply even as total sales value posted a healthy growth. That di ...More
EJ Insight2015-08-19
... staged a sharp jump of 80 percent between 2013 and 2014, and the real return was less than 40 percent if taking currency depreciation into account. It’s quite similar in India. The Shanghai Composi ...More
EJ Insight2015-08-18
... nges. The sharp changes in the money supply and bank loans for July are temporary and manageable. Beijing will continue to stick to a prudent monetary policy. Meanwhile, recent economic data is encour ...More
EJ Insight2015-08-17
... st year’s sharp price drop was heavily influenced by two large supply shocks, the current decline also has an important demand dimension. At the same time, oil markets are discovering what it is like ...More
EJ Insight2015-08-17
... light of sharp volatility in the Chinese markets and disappointing economic data there. And China has been exporting deflation worldwide through weaker currency. The 10-year US treasury yield has bee ...More
EJ Insight2015-08-15
... consider sharp devaluation of the Chinese currency. The prediction has come true in less than a month. The daily fixing rate was cut nearly 2 percent on Tuesday before further downward adjustment the ...More
EJ Insight2015-08-13
Greece faces two years of recession amid sharp budget cuts and overhauls that creditors demanded in exchange for an 86 billion euro (US$95 billion) bailout, the Wall Street Journal reported, citing Eu ...More
EJ Insight2015-08-13
... posted a sharp rally. China CYTS Tours Holding (600138.CN) touched the daily up-limit, and Huangshan Tourism Development (600054.CN) soared more than 9 percent. However, I still believe infrastructur ...More
EJ Insight2015-08-12
