Wall Street was up but metals down in a night of mixed data. Dow up 70. (Locked for subscribers until 10:00 AEST.)
Forget diplomatic argy-bargy – just how worried should we be about these Chinese stock market drops?
In a turnaround session, Wall Street shunned Shanghai and coveted crude. Dow up 61.
China’s fiscal stimulus package gave economic growth a significant boost through the first quarter of this year but Standard Chartered is seeing signs the boost is now fading.
Wall Street followed drops in Asia yesterday and Europe last night on the back of the big Chinese fall. Dow down 186.
Weekly musings from your editor. Commodities in a bubble? Yes, they are. But this doesn’t mean another Armageddon lies around the corner.
Wall Street posted its biggest fall in five weeks last night, led by financials. Dow down 96. (Locked for subscribers until 10:00 AEST)
With no economic data and the earnings season winding down, Wall Street took profits last night following Friday’s surge. Dow down 32.
Japanese companies are increasingly focused on emerging markets as a growth option, a move Standard Chartered expects will deliver benefits in coming years.
ANZ Bank says the open nature of the Hong Kong and Singapore economies explains why both were hardest hit by the global economic downturn.