The U.S. initial public offering market posted its best year in more than a decade, and the dynamism is expected to carry on in 2014, market experts told Xinhua here on Friday.
Though China's current anti-extravagance drive is hitting luxury sales hard, the market is still huge, especially with smart and increasingly fashion-savvy consumers.
Both growth of economy and development of capital market in 2014 can be positively expected after the 3rd Plenum, said Dr. Jun Ma, Chief Economist of Deutsche Bank, at the the 2nd Annual Oversea Financial Champion Awards held in Hong Kong, Dec. 18, 2013.
South Korea's economic and finance policymakers on Thursday voiced concerns over short-term volatility in the local financial market after the U.S. Federal Reserve decided to reduce its monetary stimulus program modestly.
U.S. stocks trimmed part of earlier losses in a narrowly fluctuating session Tuesday, as investors were awaiting the outcome of the Federal Reserve's two- day policy meeting due out Wednesday afternoon.
Tokyo stocks lost ground for a second consecutive day on Wednesday as the yen advanced a little which disappointed the market's sentiment and a dismal overnight performance in the U.S. market also spurred the downside.
China's central bank on Sunday published a guideline on deposit certificates in the interbank market, another step towards fully floating interest rates.
Australia's largest airline Qantas on Thursday announced it will cut at least 1,000 jobs in the coming 12 months to achieve total coast savings of 2 billion AU dollars (1.81 billion U.S. dollars) over the next three years.
Wall Street professionals have expressed optimism about China's IPO reform plan, which ends a year-plus halt on listings, emphasizing the importance of law enforcement.
Shanghai launched carbon emission trading on Tuesday, China's second market for compulsory carbon trading.
Standard Chartered, one of the leading international banking groups, forecast Tuesday that the mainland and Hong Kong equity markets will fare well in 2014 on the prospect of improving investor sentiment encouraged by Beijing 's commitment to market reform and subsiding political risks.
The role the Chinese government has played in leading economic development is outstanding, yet the backlash from such practices is impeding sustainable development of the economy, prompting the government to give the market more say in allocating resources.
Bitcoin investors in China might have passed the most restless two nights of their lives as the virtual currency price rose from a little over 3,000 yuan (492.3 U.S. dollars) to nearly 7,000 and dropped back to 3,500 yuan from Tuesday to Wednesday on the country's biggest trading platform.
Bitcoin investors in China might have passed the most restless two nights of their lives as the virtual currency price rose from a little over 3,000 yuan (492.3 U.S. dollars) to nearly 7,000 and dropped back to 3,500 yuan from Tuesday to Wednesday on the country's biggest trading platform.
The Hong Kong stock market end higher on Friday on the back of the strong performance from the Dow Jones last night, as we saw the HSI actually once approaching 23,800 mark, but retreat a little bit, still that was a pretty strong day for Hong Kong market, said Executive Director of Bank of China International
While many top officials of the Federal Reserve reckoned that the Fed might start trimming its asset purchase program "in coming months," some others insisted on awaiting more evidence of a recovering job market and economy before making a decision, according to the minutes of the latest Fed policy meeting released Wednesday.
Seeking to boost economic ties with China, the United States must seize the opportunity of Beijing's newly launched "sweeping reforms," a key aide to President Barack Obama said Wednesday.
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