Kevin Carter News
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The largest exchange-traded fund of Chinese equities jumped to a two-week high in the U.S. and the nation’s leisure and travel companies gained after growth in the Asian economy accelerated for the first time in two years.
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Kevin Carter, co-founder and chief executive officer at Baochuan Capital Management LLC, speaks about China’s decision to widen the yuan’s trading band for the first time since 2007.
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The cost of protecting against losses in Chinese stocks relative to U.S. equities fell to a one-year low on prospects the slowdown in the world’s second-largest economy will ease.
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Short seller Jon Carnes made millions of dollars publishing anonymous reports accusing Chinese companies of fraud. Now settled in Vancouver after fleeing threats of violence in China, he’s trying another business model: providing tips to the U.S. government.
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Any action the Federal Reserve announces at its November policy meeting may not do much to help Timco Aviation Services hire 300 people.
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Chinese stocks will probably climb this week as the widening of the yuan’s trading band is seen as a move toward further liberalization of the world’s second- largest economy, according to Baochuan Capital Management LLC.
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Sina Corp. gained, helping Chinese shares traded in New York to a five-month high, after analysts recommended buying the nation’s Internet companies as users climb and their stock trades cheaper than peers in the U.S.
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Emerging-market stocks rose for the first time in five days as China announced measures to bolster growth in the world’s second-largest economy and investors bet central banks will take more actions to stimulate spending.
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Chinese equities in New York sank to the lowest level in four months, led by Semiconductor Manufacturing International Corp., on concern growth in the world’s second-largest economy is slowing.
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AlphaShares LLC, the index creator and fund manager that invests in Chinese stocks co-founded by Princeton University economist Burton Malkiel , sold its investment unit to the company’s executives.
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