“[China] topped out before the other markets, they had their rebound at the end of 2008, long before we had our March bounce and they had a bit of a sharper rally and they seem to have peaked out before we did so it’s bit of a leading indicator,” said Cashin. -cnbc
The Chinese market is likely to fall 25 percent, taking U.S. stocks with it, with the S&P 500 possibly falling below 800, Robin Griffiths, technical strategist at Cazenove Capital, said Monday. But then U.S. indexes will rise again for a substantial amount of time. The Dow and the S&P 500 index are likely to [...]
A 7.4% fall in the Shanghai Composite Index rattled global confidence as the market worries about a tightening in monetary policy.
Over the next 2-3 years, Frederic Neumann, senior Asian economist at HSBC sees an incipient asset bubble forming in Asia. He tells CNBC’s Amanda Drury that this will be a region-wide phenomena.
Hopes that Asia is going to be the new engine of the global economy are overblown at this point, cautions Stephen Roach, chairman at Morgan Stanley Asia. He tells CNBC’s Martin Soong, Karen Tso & Sri Jegarajah why
The 35th annual U.S.-India Business Council Summit kicks off today in Washington, with Azim Premji, Wipro Limited chairman & managing director
A look at what’s next on the agenda for Treasury Secretary Geithner in China, with CNBC’s Steve Liesman.
Money in China is moving into online advertising in large amounts despite economy. Lee Kai-Fu
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