China News
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Updated 12 minutes ago
China’s stocks fell, led by property and consumer-discretionary companies, before the release of data on industrial production, fixed-asset investment and retail sales later today.
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Updated 11 minutes ago
Emerging-market stocks fell for a third day and currencies weakened as the yen’s tumble threatened developing-nation exports. Chinese shares led declines before data on retail sales and industrial production.
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Updated 9 minutes ago
Carson Block, the short seller who runs Muddy Waters LLC, said he’s betting against the debt of Standard Chartered Plc, the U.K. lender that earns most of its profit in Asia, because of “deteriorating” loan quality.
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Updated 4 minutes ago
The last time Chinese stocks were this cheap relative to bonds, the Shanghai Composite Index rallied 18 percent within two months. The prospect of history repeating itself is luring some fund managers back to equities.
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Updated 1 hour, 14 minutes ago
One of the first things Dan Akerson did as chief executive officer of General Motors Co. in 2010 was dive into the automaker’s telecommunications business to get more profit from that in-car connection.
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Updated 1 hour, 14 minutes ago
Baker Botts LLP announced three lateral hires last week including international tax lawyer Don J. Lonczak and capital markets lawyer Bonnie A. Barsamian.
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Updated 1 hour, 20 minutes ago
The yen weakened past 102 per dollar for the first time since October 2008 as Group of Seven finance chiefs indicated they will tolerate the currency’s decline. Japanese stocks climbed even as most Asian shares declined.
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Updated 1 hour, 17 minutes ago
U.S. retail sales dropped for a second month, indicating consumer spending slowed as the second quarter began, data in the coming week may show.
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Updated 1 hour, 13 minutes ago
Palm oil advanced to the highest level in more than a month on speculation that stockpiles in Malaysia, the world’s second-largest producer, will remain below 2 million tons for a second month as output growth slows.
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Updated 1 hour, 2 minutes ago
President Benigno Aquino is seeking to bolster his support in the Senate as Filipinos vote in elections today, as he looks to expand an anti-corruption drive in the second half of his term.
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