Tag: China
World market steel prices continue to rise
After several months in which economies and subsequently steel mills were reeling from the aftermath of the coronavirus shock, demand for steel is starting...
Chinese stocks have had their worst week since mid-July
While the Shanghai Stock Exchange's main stock index rose slightly on Friday, stocks fell the most in two months over the past week.
China revised its last-year GDP to higher level
GDP reached more than $13 billion after revision last year
That may sound like good news, yet even so the Chinese economy grew slowest since...
Japan’s economy will shrink more than had been expected
The updated prediction is based on survey among 32 leading economists, who predicted fall of 8% in the worst case scenario. However, this would...
China does not follow energy trade deal agreed with the US
In the first phase of new trade deal between the US and China in January, China agreed to import energy commodities in the volume...
China’s and Hong Kong stocks grow, while Japanese stocks drop
China’s and Hong Kong trading is affected by positive mood on the world’s second largest economy. Shanghai Stock Exchange grew in 0.7%, when positive...
Investors believe in Asian currencies due to economic recovery and vaccine
The interest in Chinese yuan and other main Asian currencies is caused mostly by the fact that China’s economy reported better than expected results...
Australia’s coal company Whitehaven Coal beats estimates on mining, stocks grew.
Whitehaven Coal produced 6.2 million tons of coal in second quarter of 2020 compared to output of 4.8 million produced during the same period...
Hong Kong and China’s stocks have been through a successful week
Shanghai and Shenzhen stocks kept growing during last week and reached its five year record-highs. The increase was caused by optimistic expectations of economic...
Connecting Hong Kong to China is favorable to stock markets
Investors reported that Hong Kong Stock Exchange could benefit from enlisting of many China’s companies. A financial connection with the second strongest economy worldwide...
