China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s

Read More

Hopes of business-friendly reforms in India fade

Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is watching his popularity wane. Narendra Modi swept into power in

Read More

Chinese stocks plunge more than 6%

China’s Shanghai composite index plunged more than 6% Thursday — its biggest one-day drop in a month — amid ongoing fears about the health of the world’s second largest economy.

Read More

Chinese stocks dive more than 6% as oil falls

China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy. The Shanghai composite index dived 6.4% to

Read More

Europe racks up billions in deals with Iran now that sanctions are lifted

Europe is racking up billions in deals with oil-rich Iran as its president, Hassan Rouhani, makes a goodwill tour less than two weeks after the lifting of international sanctions on

Read More

Global markets rally as Japanese stocks surge 7% on extra stimulus hopes

European and Asian markets rallied Monday as Japanese stocks surged after dismal growth data raised hopes of extra stimulus from Tokyo. Japan’s Nikkei 225 index rebounded from a 5% dive

Read More

China launches probe of Microsoft’s data practices, alleging “major problems”

The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for Industry and

Read More

Oilprice.com: Saudi-Iran dispute won’t boost oil

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world. Oil markets remain oversupplied and depressed, but

Read More

China angst shows markets as fragile as fine china

On the first day of trading in 2016, China lived up to its reputation as a “shock to watch” in the new year, as a nearly 7% stock plunge in

Read More

Japan sidesteps recession, revised growth at 1%

Japan sidestepped recession last quarter: Revised data released Tuesday showed its economy grew at an annual 1.0 percent pace instead of shrinking. A previous estimate had shown the world’s third-largest

Read More

Chinese stocks fall 5.5%, other Asian markets down

China’s main stock market index fell more than 5% on Friday after two securities firms said they are under investigation for possible misconduct. The Shanghai composite index closed 5.5% lower

Read More

Terror and markets: Sell-offs tend to be short-lived

The deadly terror attacks in Paris are likely to strike financial markets, too, when trading resumes Monday. But the initial losses expected in risk assets like stocks and the shift

Read More

China issues blueprint for state industry overhaul

China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries even as it aims to retain the party’s dominance in the economy. The plan comes at a

Read More

World markets stage mixed comeback

Battered world financial markets attempted to reclaim lost territory Wednesday with mixed success. In Asia, Tokyo’s benchmark Nikkei 225 index gained 570.13 points, or 3.20%, closing at 18,376.83. The broader

Read More

Even in defeat, Greece sends powerful message to Europe

The deal agreed to Monday between Greece and its creditors was hard fought, and even if Athens did not come out on top, the lengthy negotiations call to mind another

Read More

European leaders meet on whether to rescue Greece or cut it loose

The leaders of the 19 nations that use the euro debated Sunday whether to rescue Greece from the brink of financial ruin or cut the country loose from the currency

Read More

Stocks surge on Greek debt deal optimism; Nasdaq hits record

Stocks surged Monday as a relief rally around the globe is underway that sent the Dow up more than 100 points and the Nasdaq to an all-time record high. Stock

Read More

Greece and creditors meet Monday in 11th-hour bid to avoid default

Greece and its eurozone creditors are scheduled to meet Monday in a last-ditch effort to avert a default that could shake global financial markets and result in the debt-plagued country’s

Read More

Air seeps out of Chinese stock ‘bubble’

The mainland Chinese stock market, which had gained more than 150% in a year’s time, prompting bubble warnings, seems to be deflating, as shares dipped 13.3% this week. The Shanghai

Read More

Wait continues for easier access to mainland China shares

Want an easier way to invest in  shares of Mainland China stocks? Well, that day is getting closer, but investors will have to wait a little bit longer. Currently, American

Read More