Equities

An investor stands in front of an electronic board showing stock information at a brokerage in Fuyang, China, on July 27. © Reuters

Demography and bubbles

China's slowdown follows pattern traced earlier by US, Japan

TOKYO -- There is no telling what will happen next on the Chinese stock market, as it reflects the country's slowing growth. But a closer look reveals China's structural economic slowdown and highly volatile asset prices are being driven by a dec...

  • China stock regulator restricts 24 trading accounts for suspected irregularities

    SHANGHAI (Reuters) -- China's securities regulator said on Friday that it had restricted 24 stock trading accounts for suspected trading irregularities. The accounts had been found to have abnormal bids for shares or bid cancellations and were thus s...

  • Blowback from market intervention

    Market-rescue efforts feared to hamper Chinese reforms

    BEIJING -- The Shanghai stock exchange may strike foreigners as a "government-controlled" market in which the powers that be can push stock prices up or down at will. A July 17 incident serves as a telling example. President Xi Jinping visited a ...

  • Southeast Asian capital markets

    Thailand sells itself as gateway to Mekong region

    BANGKOK -- The Stock Exchange of Thailand is hitting the road this year to promote its wares to potential customers. But unlike previous attempts to flog Thai stocks to overseas investors, its motivation now is to educate foreign companies -- particu...

  • Stock players worried too

    Rising pork prices cast shadow over China's central bank

    HONG KONG -- Despite Beijing's outright price-keeping operations, China's stock market is again gyrating wildly. The benchmark Shanghai Composite Index tumbled more than 8% Monday. Selling was sparked by speculation that Chinese monetary authorit...

  • Itsuo Toshima

    Shanghai stock crash could prove fatal to Xi government

    The Chinese government has implemented a series of bold steps to shore up sagging stock prices, but they could exhaust all available options quite soon. Beijing prohibited funds and other large investors from selling their stockholdings for six m...

  • China stocks fall as banks check equities exposure

    HONG KONG (Reuters) -- China stocks fell on Thursday after state media reported that banks were investigating their exposure to the stock market through wealth management products and loans collateralised with stocks. The CSI300 index of the larg...

  • Likonomics on the rocks

    Chinese hedge funds stir trouble at home, abroad

    TOKYO -- Chinese hedge funds and other speculative investors, which emerged with the help of Beijing's financial deregulation push, are causing turmoil not only in the undeveloped domestic market but also in the global financial markets. Fueling ...

  • The search for yield

    Low deposit rates a culprit behind China's string of bubbles

    SHANGHAI -- One factor fueling China's frequent investment bubbles is its low deposit rates, which have encouraged investors to turn to other products in hopes of higher yields. China has held down deposit rates -- sometimes even below the rate o...

  • Market Scramble

    Japan investors' faith in earnings growth wavering

    TOKYO -- Fanuc's downgrade of fiscal 2015 earnings estimates sent its stock plummeting and threw cold water on hopes for strong earnings Wednesday. Investors now fret over whether a downturn in demand is simply cyclical or hinting at a weakening glob...

  • Landmark listing

    Thai utility's infrastructure fund lists on bourse

    BANGKOK -- A fund investing in a Thai power plant has listed on the country's stock exchange, becoming the first publicly traded infrastructure fund created by a state enterprise in Thailand. The Electricity Generating Authority of Thailand's fun...

  • Tokyo stocks end mixed as heavyweights plunge despite upbeat mood

    TOKYO (Kyodo) -- Tokyo stocks ended mixed Wednesday as weaker-than-expected earnings forecasts from heavily weighted Japanese companies dragged down the Nikkei index, despite broadly improved investor sentiment after overseas equities gained overnigh...

  • New era, new rules

    It's time for corporate Japan to embrace equity governance

    TOKYO -- When providing information to investors, Japanese companies have traditionally offered them the same basic data they submit to banks -- profit outlooks, return-on-equity forecasts and the like. But with equity holders playing an increasingly...

  • Tokyo stocks fall in morning as plummeting heavyweights spoil mood

    TOKYO (Kyodo) -- Tokyo stocks fell on Wednesday morning as weaker-than-expected earnings forecasts from heavily weighted Japanese firms dragged down indexes, despite broadly improved investor sentiment after overseas equities gained overnight. Th...

  • Tokyo stocks mixed in early trading as soft earnings weigh on Nikkei

    TOKYO (Kyodo) -- Tokyo stocks were mixed in early trading Wednesday as some major Nikkei index components slipped on weaker-than-expected earnings reports, despite a boost to investor sentiment from gains in European and U.S. stocks overnight. In...

  • Global repercussions

    Chinese economic anxieties ripple through Wall Street

    NEW YORK -- As China's stock market turmoil continues, U.S. shares are feeling the pinch. The Dow Jones Industrial Average fell for the fifth straight session Monday, hitting a low not seen in roughly six months. The index stood higher late Tuesd...

  • Negative spiral

    China's stock market sinks as commodity prices fall

    HONG KONG -- The Shanghai stock market continued its slide Tuesday as companies in natural resources and basic materials fell amid an international downturn in commodities prices linked to China's economic slowdown. The Chinese stock market is on...

  • Xia Le

    Renewed market turmoil shows need for new approach

    Beijing should unify its market regulators, focus on institutional liquidity and open up further to foreign investors, says Xia Le.

  • GF International

    New ETF to provide access to China A share market

    HONG KONG -- GF International Investment Management, a subsidiary of China-based GF Fund Management, is launching an exchange-traded fund that tracks the MSCI China A International Index. It will be the first ETF in Asia to track the index, according...

  • Leveraged trading

    As China's stock markets gyrate, borrowed money gets blame

    HONG KONG -- Shanghai stocks have left investors woozy in recent weeks, surging to a seven-year high in mid-June, then plunging 30% through early July. Leveraged trading -- borrowing money to buy shares -- is widely seen as the culprit behind the...