Asian stocks rose as brokerages trading in Hong Kong climbed after China announced plans to link bourses in the city and Shanghai, outweighing an unexpected fall in exports from the region’s biggest economy.
Over the decades, the music of Led Zeppelin, Judas Priest, even the Beatles has been rumored to hold hidden Satanic messages. Not a lot of useful advice on ETF investing, though. For that, you need to turn to the songs of Radiohead.
The collapse of a Chinese developer in a city south of Shanghai foreshadows a shakeout among the nation’s almost 90,000 real estate companies as the government reins in credit and the housing market slows.
Overseas creditors such as China and Japan enabled the U.S. to spend its way out of the recession as they gobbled up 80 percent of the nation’s Treasuries. Now, their holdings are dropping toward the lowest level in a decade, while homegrown investors have picked up the slack.