On Thursday, American leader Donald Trump unveiled that he generally disliked the Fed’s decision to have interest rates lifted, telling that he was concerned about their probable impact on the American economy as well as American competitiveness…
China might publish rules on outbound investment in 2017
This year China might issue rules on outbound investment by Chinese companies, which would spell out the sectors, where investing is encouraged and those where it’s restricted, as state media informed on Tuesday.
Recently, Chinese regulators have clamped down on outbound deals as part of efforts aimed at stemming surging capital outflows, which have contributed to China’s weakening currency.
Chinese Commerce Minister Zhong Shan disclosed that a small number of Chinese firms had invested overseas irrationally and blindly in investments China never encourages.
The state foreign exchange regulator has told that the government will more closely assess irrational investment in entertainment, property, sports as well as other sectors.
Efforts to contain outbound investment happen to be having a considerable effect. Apparently, non-financial outbound investment edged down 52.8% in January-February from the same period the previous year.
Inflation data is the most important indicator that affects the central bank’s monetary policy.
Although yesterday the US dollar index closed at the low level comparing to the daily movement, today it has been moving up again.
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…