An index of Asian shares outside Japan fell close to this year's lows thanks to a deepening selloff in commodities and concerns over slowing growth in China, while the dollar held its ground against a basket of currencies. [HONG KONG] An index of Asian shares outside Japan fell close to this year's lows thanks to a deepening selloff in commodities and concerns over slowing growth in China, while the dollar held its ground against a basket of currencies.
Asian stocks fell Monday on weaker Chinese manufacturing and lower oil prices as investors looked ahead to U.S. data on factory output and employment. KEEPING SCORE: The Shanghai Composite Index fell 2.4 percent to 3,574.18 and Hong Kong's Hang Seng shed 0.8 percent to 24,427.71.
Now he stays in swanky hotels and drives a Mercedes Benz CLS - a remarkable rags-to-riches journey achieved in part by dominating one of the most obscure corners of China's unruly financial markets: egg futures. The story of how he earned so much money, so fast - 600 million yuan , he says, in 2014 - highlights the casino-like nature of China's nascent futures markets, and the vulnerability of such markets to a destabilising rout.
The insurance-linked securities market continued to see robust activity in the first half of this year, though it's slightly less than last year's record activity in the alternative reinsurance market.
Investors love cigarette giant Philip Morris for its sizable dividend, which has more than doubled since the 2008 spinoff from US peer Altria . Earlier this year, I provided my original dividend raise prediction for 2015.
For as long as most investors can recall, hedging stocks has been a good way to hand money to derivatives dealers. The Standard & Poor's 500 index has advanced like the Marines since March 2009, overcoming obstacles and investor fears.
California is in a state of emergency as wildfires rage on.On Friday, California Gov. Jerry Brown declared a state of emergency as firefighters continu... -- With authorities "increasingly confident" the airplane debris recovered Wednesday comes from MH370, the jet that vanished over the Indian Oce... Today, American Antitrust Institute, Food & Water Watch, Iowa Farmers Union, Missouri Rural Crisis Center and National Farmers Union demanded that the U.S. Department of J... Lincoln - University of Nebraska men's basketball coach Tim Miles announced Saturday the hiring of Phil Beckner as an assistant coach for the Husker basketball program.
Puerto Rico will miss a payment on debt due Aug. 1, the governor's chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal debt restructurings in history. The missed payment will mark the first default by the commonwealth and shows the depth of the island's economic and cashflow problems.