The United States government's assertion that the recent depreciation of the renminbi amounts to currency manipulation is not true. It would be more correct to say that the Chinese authorities gave in to market pressure – the immediate source of which was US President Donald Trump’s announcement of new tariffs on Chinese goods.
Chinese mainland equities, or A-shares, will be much more accessible to foreign investors. However, investors should do due diligence to more effectively understand the potential risks and rewards in this growing, and increasingly important, market.
When there are no good options, leaders must choose the least bad one. China’s government may loathe the idea of making concessions to the Hong Kong protesters, but considering the catastrophic consequences of a military crackdown, that is what it must do.
Investors are suddenly much more concerned about the political transition in Argentina. The country’s stock of debt is large but not unmanageable, with a path to avoid default and to boost growth in sight.
Hong Kong’s last British governor Chris Patten on Tuesday cautioned that if China intervened in Hong Kong it would be a catastrophe and that Chinese President Xi Jinping should see the wisdom of trying to bring people together.
KIA reportedly made "calculated exits" from investments it felt were vulnerable to a downturn in global financial markets The post Kuwait sovereign fund in portfolio shift on signs of global economic weakness appeared first on Gulf Business.
By asserting direct government control over Kashmir, India's prime minister is remaking the country in the image of his chauvinist party. The new India is a far cry from the land of Mahatma Gandhi and Jawaharlal Nehru, who preached non-violence, religious co-existence, and the acceptance of difference.
Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.
Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero net debt within 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.
The Fourth Industrial Revolution does not mean the end of traditional manufacturing-based development models in Africa, but it will require governments and policymakers to become more innovative and experimental. Africa can find a path to the economy of the future if its governments are ready and willing to adapt.
When Mauricio Macri won the last presidential election in 2015, the future for Argentina’s banks looked rosy: a spate of international debt and equity deals confirmed the optimism. No one who participated in those deals – including Galicia’s CEO Fabián Kon – thought the country would soon be back to square one.
New videogames powered better-than-expected profits for China’s Tencent Holdings Ltd. in the second quarter, reported the Wall Street Journal. Tencent, owner of the social networking app WeChat, said that its profit for the period rose to RMB 24.1 billion ($3.4 billion) from RMB 17.9 billion a year earlier. Analysts polled by FactSet were expecting a […]
Argentine voters soundly rejected President Mauricio Macri's austere economic policies in primary elections on Sunday, raising serious questions about his chances of re-election in October, early official results showed.
China’s securities regulator has fined four people a combined 560,000 yuan (US$79,234) for fabricating and distributing fake news that caused declines on the stock market.Chen Yiheng, 32, a native of southern Hunan province, was fined 200,000 yuan for fabricating information on January 28 about China’s new securities regulator putting short-selling on top of his 2019 policy agenda, according to…