Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by ByKeith Bradsher June 28, 2018 SHANGHAI — Months of struggling with economic problems at home and bickering with President Trump over trade are starting to take their toll on China’s financial health. China’s stock market has now fallen close to levels not seen since a crash shocked global investors three years ago. An elite Chinese think tank affiliated with the government warned this week that the chances of a financial panic had risen significantly, shaking markets even more. Chinese officials are trying to help factories deal with American tariffs by weakening the value of the country’s currency. That makes Chinese goods more competitive abroad, but it also gives investors inside and outside China a reason to take their money out of the country. And it offers Mr. Trump an … [Read more...] about Trump’s Trade Threats Hit China’s Stock Market and Currency
China stock market crash
Dan Caplinger, The Motley Fool Published 7:34 a.m. ET April 3, 2018 Like this topic? You may also like these photo galleries: Autoplay Show Thumbnails Show Captions Last Slide Next Slide Don't panic. Do this instead. After nine years of an explosive bull market run that has made Pamplona look like the Westminster dog show by comparison, investors have become a lot more afraid that a stock market crash could be right around the corner. A combination of political and economic issues has increased volatility in the markets and could set the stage for a major pullback for the Dow Jones Industrials (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) from their recent record highs. While it won't necessarily be as bad as what investors suffered in 2008 and early 2009, a future crash will test the resolve of millions of investors fearing the worst-case scenario for their retirement savings. The smart thing to do is to prepare during good times for the … [Read more...] about Prepared for the drop? How to handle the next market crash
In or out? That's the key question for investors as British voters prepare to cast their ballots on Thursday in a national referendum on whether the U.K. should remain in the European Union or withdraw from the 28-country bloc. The vote looks too close to call, with the nation seemingly divided. The stalemate caps a three-month sideways crawl for stocks, which in turn caps a three-year sideways crawl. The world, it seems, teeters on the edge of the unknown once again, echoing the worry over the fiscal cliff, the Federal Reserve's rate liftoff, the Greek bailout vote and a number of other events over the last few years. Should American investors be worried? U.K. voters appear to have warmed in recent weeks to the idea of a "Brexit" from the EU, with many expressing anger over issues such as immigration, deflation, economic stagnation and the bureaucracy of Brussels. Three of the four latest polls show those favoring a U.K. stay in the EU in the lead. NatCen shows 53 percent remain … [Read more...] about Could Brexit vote cause a stock market crash?
Frantic efforts by the Chinese government to halt a plunge in stock prices are paying off -- for now. A day after suffering another sharp drop, equities listed on Shanghai's stock market rose 5.8 percent Thursday, and Hong Kong's Hang Sen gained 3.8 percent. Financial markets in Japan and South Korea also rebounded. But the $3 trillion loss in market value in China in recent weeks -- more than 10 times the gross domestic product of Greece -- amounts to a foghorn-like warning for the People's Republic. The message: Building a modern economy with functional capital markets, especially at China's usual double-quick tempo, is a massively risky exercise. Or, to cite a popular Chinese proverb, be careful what you wish for. What's at stake in China is not just its experiment in equity markets as the country gradually drifts away away from a command-and-control economy, but the credibility of its robust growth model and political leadership. And that credibility has not been helped by the … [Read more...] about China’s stock market experiment goes badly awry
HONG KONG - China led gains in global stocks Wednesday on hopes for a Hong Kong-Shenzhen stock trading link that would further open China's financial markets while Japan was powered by a blockbuster share sale. In morning trade, France's CAC 40 was up 1.1 percent to 4,989.64 and Germany's DAX added 0.3 percent to 10,987.82. Britain's FTSE 100 gained 1 percent to 6,445.72. U.S. stocks were poised to open higher: Both Dow and broader S&P 500 futures rose 0.1 percent. The People's Bank of China posted an article on its website by Governor Zhou Xiaochuan in which he said a stock trading link between Hong Kong and China's second smaller exchange in Shenzhen would be launched this year. The article was amended at midday Wednesday to say that it was the text of a speech Zhou gave on May 27, before a stock market crash that threw into doubt Beijing's plans to widen access to its markets. Nevertheless, it boosted sentiment among investors, who were expecting the follow-up to last year's … [Read more...] about China surge leads world stock markets higher