Post Tagged with: "China"

Potash Corp. (NYSE: POT) stock down 25% after Russian firm reveals plan to sell to China at lower prices

July 30, 2013 3:39 PM0 comments
Potash Corp. (NYSE: POT) stock down 25% after Russian firm reveals plan to sell to China at lower prices

Shares of major North American potash producers fell sharply Tuesday on word that a Russian company is pulling out of a marketing group and is expected to undercut competitors’ prices for the fertilizer. OAO Uralkali announced Tuesday it was withdrawing from a joint venture with another company from Belarus that […]

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World News China cuts bank stores in policy transfer to lift economy

November 29, 2012 6:46 AM0 comments

BEIJING Chinacentral bank cut reserve specifications for commercial lenders on Wednesday initially in three years, an insurance policy shift to ease credit rating strains and coast up an economic system running at it’s weakest pace given that 2009.China’s policy adjust came just several hours before coordinated action by major main […]

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China leader ‘worried’ by rising trade protectionism

October 14, 2011 6:35 AM13 comments
China leader ‘worried’ by rising trade protectionism

China’s Premier Wen Jiabao on Friday took aim at what he called “rising trade protectionism”, saying trade disputes were hampering a global economic recovery. “What is worrying is that… trade protectionism is rising sharply,” Wen said in a televised speech. “Trade protectionism will only slow the pace of world economic […]

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eMediaWorld; European Stocks Drift Lower

October 13, 2011 7:24 AM6 comments
eMediaWorld; European Stocks Drift Lower

European stocks fell from two-month highs on Thursday, as weak trade data from China dragged down commodities and mining shares and French retailer Carrefour lowered its full-year profits forecast for the second time in three months. China’s trade surplus shrank more than expected in September, as export growth eased to […]

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Asia shares jump after China move, euro firm

October 10, 2011 10:21 PM57 comments
Asia shares jump after China move, euro firm

SINGAPORE (eMediaWorld) – Asian shares jumped on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session’s big gains on hopes that European leaders are finally taking action to protect the continent’s lenders. World stocks clambered out of […]

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eMediaWorld US Market News

10:52 AM32 comments
eMediaWorld US Market News

S&P 500 bouncing off of technical support? The main US equity benchmarks are now registering strong gains (Dow Jones Industrial: 267, Nasdaq Comp.: 74, S&P 500: 32) following a weekend promise by German Chancellor Angela Merkel and French President Sarkozy that they will attempt to provide a lasting solution to […]

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