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News & Updates
September 15, 2015 China's currency could double losses this year - economistsSource: CNN
Watch out! China's currency is likely to tumble further before the end of the year, according to a CNNMoney survey of economists. The yuan, also called the renminbi, is expected to slide another 2.8% against the U.S. dollar by...
Source: Fox Business
Asian stock markets were mostly lower Tuesday after Japan kept its monetary policy unchanged ahead of a much anticipated U.S. Federal Reserve decision later this week on whether to raise interest rates.
September 15, 2015 Poised for Rate Increase, Investors Hope for Small RipplesSource: NY Times
The Federal Reserve on Thursday may increase interest rates for the first time in more than nine years. A rise would be the beginning of the end of a monetary stimulus policy that lifted stock and bond markets to new heights and...
Equities - The average public pension earned just 3.4% last year. And Bloomberg Business reports that the California Public Employeesâ?? Retirement System (CalPERS), the largest pension fund in the U.S., earned just 2.4%...
September 14, 2015 Trump says high pay for CEOs is a joke and 'disgraceful'Source: Reuters
U.S. Republican party presidential frontrunner Donald Trump said on Sunday high salaries paid to chief executives were a "joke" and a "disgrace" and said these were often approved by company boards stacked with the CEO's friends.
September 14, 2015 China releases state-owned company reform guidelinesSource: Channel News
BEIJING: China on Sunday (Sep 13) unveiled broad reform guidelines for state-owned companies aimed at making them more globally competitive and increasing transparency in a powerful sector of the world's second-largest economy.
September 14, 2015 Oil drillers idle rigs amid risk of prices falling to $20Source: Star-Telegram
U.S. oil explorers idled rigs for a second straight week as Goldman Sachs said the oil glut could push prices as low as $20 a barrel. Rigs targeting oil in the U.S. fell by 10 to 652, Baker Hughes said Friday. Explorers had cut...
September 14, 2015 Middle East sovereign investors face reduced fundingSource: Gulf News
Dubai: The fall in the oil price is expected to reduce funding and increase withdrawal risk of Middle East sovereign investors but many of these investors are better placed to manage these challenges than in the past, according...
September 11, 2015 Fed to dominate week of central bank meetingsSource: Reuters
The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
September 11, 2015 China is dumping U.S. debtSource: CNN
It's no secret that China is the largest holder of U.S. debt. So should Americans be concerned that China has started dumping some of its Treasury holdings?
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