China Snow Snarls World’s Biggest Migration
Snow and freezing rain continued to fall in parts of China today, disrupting travel as the first day of the Lunar New Year spurs the world’s biggest annual human migration. …
View ArticleStocks, Euro Decline Before Europe Summit; Treasuries Advance
European stocks dropped and the euro weakened before regional leaders meet to discuss the debt crisis and Italy sells bonds. Chinese shares sank in the first day of trading after the Lunar New Year...
View ArticleChina’s low New Year sales ripple across Asia
Chinese shoppers on their Lunar New Year holiday were less lavish than expected at Hong Kong jewelers, curbed spending on beauty brands and slowed spending at South Korean stores. They may keep that...
View ArticleBeyond Chinese New Year data skew, a bear lurks
Trying to track China’s economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of...
View ArticleSearching for the Signal in FX
Many of the major Asian markets are closed for the Lunar New Year. This week’s G7/G20 meetings are drawing attention amid reports that officials may release a statement to address the fears of a...
View ArticleChinese Exports Collapse Leading To 2nd Largest Trade Deficit On Record
Plenty of excuses out there for this evening’s collosal miss in Chinese exports (-18.1% YoY vs an expectation of a 7.5% rise) mainly based on timing issues over the Lunar New Year (but didn’t the [...]
View ArticleChinese New Year 2015: A fortune teller’s take on the economy
It’s that time of year again! Lunar New Year is right around the corner, and many Chinese are consulting fortune tellers to learn what the year of the goat has in store. But what do [...]
View ArticleBrent price edges up on cautious optimism over Greek debt compromise
Oil prices edged up after early falls on Monday as parts of Asia returned from the Lunar New Year holiday, with Brent futures moving further away from $60 a barrel and U.S. contracts moving towards [...]
View ArticleAsian shares flat as investors digest Greek deal
An index of Asian shares got off to a lacklustre start on Monday as many countries in the region returned from Lunar New Year holidays, with sentiment supported by relief that Greece reached a deal [...]
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