BizNews Global Investing

This is the future: What looming Chinese Deflation means for the world

1st December 2014

Beijing’s policy makers have the world’s future in their hands. How they deal with low inflation, perhaps deflation, is crucial for global economy.

China manufacturing slumps again in November – QE Beijing style coming

1st December 2014

China’s manufacturing growth skidded to an eight-month low in November, an official survey showed Monday, fuelling speculation authorities will take further steps to stimulate the world’s second-largest economy.

Brazil appoints market-friendly, ex banker as Finance Minister

28th November 2014

Brazilian President Dilma Rousseff names Joaquim Levy to be her new finance minister Thursday as her government looks to steer the economy out of recession.

Rio Tinto shaping up fast – cuts spending, defers capex

28th November 2014

Rio Tinto Group flags boost in cash returns to investors after joining its biggest rival in cutting spending and operating costs.

The Gospel according to Alibaba’s Ma: Love Amazon as Thyself

26th November 2014

As Alibaba Chairman Jack Ma finished up his 40-minute address to the World Internet Conference in Wuzhen, China, he took time for one question: How will the company compete in the U.S. with e-commerce giants such as Amazon and eBay?

Citi analysts thought everyone knew ‘Hold’ meant ‘Sell’

26th November 2014

A major function of an investment bank is to get people to buy and sell securities. The way this works is pretty much that the banks’ employees get on telephones or airplanes or Bloombergs and tell clients, “Hey here is a security you should buy,” and tell other clients, “Hey here is a security you should sell.”

Japan is running out of options in fight against deflation

26th November 2014

The Bank of Japan’s unprecedented stimulus and Abe’s pro-growth reforms have yet to spur a recovery in inflation and gross domestic product growth, and the country is yet again in recession.

TenCent drives deeply into US market, using Chinese students, expats

25th November 2014

WeChat tapping into a hidden US user base to attack WhatsApp in its heartland. There is much at stake in the technology sector, outsided rewards accrue with market leadership

Want to know why the oil price keeps falling? Here’s the reason.

24th November 201424th November 2014

Oil production in America is back to where it was in 1986 – and still rising. As fracking gathers momentum elsewhere, long-term implications are obvious.

Low oil price threatens solidarily ahead of this week’s OPEC meeting

24th November 2014

The days when OPEC members could almost guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings.