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Total 12 results found. Search for [ Pete-Sweeney ]

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Pete Sweeney and Krista Hughes
Shanghai/New York, November 30, 2015
It is the first big shake-up to the Special Drawing Rights basket in three decades. It represents a symbolic victory for China but yuan still has a long way in becoming a true global reserve currency.

Samuel Shen and Pete Sweeney
Shanghai, September 15, 2015
Hong Kong stocks also dipped, with investors nervous ahead of the Federal Reserve's policy decision later this week, though many now expect the US central bank will hold off on raising interest rates for another few months.

Pete Sweeney and Samuel Shen
Hong Kong /Shanghai , August 27, 2015
Chinese stocks had fallen again on Wednesday - taking their losses to more than 20 per cent in just five days - underscoring fragile investor confidence and deep doubt over whether the previous day's policy easing by the People's Bank of China's (PBOC) could stabilise the economy.

Pete Sweeney
Shanghai, August 24, 2015
Chinese markets were down more than 9 per cent during the day and had only slightly recovered by the close of trade, the worst daily performance since 2007 and a hair's breadth from the worst day since 1996, with traders blaming regulators' failure to act over the weekend after markets lost 11 per cent last week.

Pete Sweeney and Lu Jianxin
Shanghai, August 12, 2015
Spot yuan fell to 6.43 per dollar, its weakest since August 2011, after the central bank set its daily midpoint reference at 6.3306, even weaker than Tuesday's devaluation.

Pete Sweeney
Shanghai, July 29, 2015
The latest volatility has raised questions about how Beijing can extricate itself from the raft of support measures it has placed under the stock market.

Samuel Shen and Pete Sweeney
Shanghai, July 28, 2015
The wild volatility in China's markets has stoked fears among global investors about the broader health of the Chinese economy, hitting prices of growth-sensitive commodities such as copper, which hit a 6-year low on Monday.

Samuel Shen and Pete Sweeney
Shanghai, July 27, 2015
Yang Hai, strategist at Kaiiyuan Securities, said the trigger was \"a sluggish US market amid stronger expectations of a Fed rate rise in the fourth quarter. That, coupled with China's rising pork prices, fuels concerns that China would refrain from loosening monetary policies further.\"

Kevin Yao and Pete Sweeney
Beijing, July 15, 2015
Data on Tuesday showed bank lending increased sharply in June, thanks to central bank support, but how much of that new credit flowed into the real economy, as opposed to supporting stock market speculation, is unclear.

Samuel Shen and Pete Sweeney,Reuters
Shanghai, July 8, 2015
\"The ripple effect from the market correction has yet to show up,\" wrote BofA-ML analysts in a note. \"We expect slower growth, poorer corporate earnings, and a higher risk of a financial crisis\", the bank added.

Pete Sweeney and Kevin Yao
Beijing, March 10, 2015
Chinese stock markets were down slightly after the news, dragged by financials, with the CSI300 index down 0.5 per cent in morning trade.

Kevin Yao and Pete Sweeney
Beijing/Shanghai, January 20, 2015
Fourth-quarter growth for China held steady at 7.3% from the year-ago period, marginally better than expected, though it cooled from the previous quarter.