china

Most Powerful Year Opening for Oil Since 2014

Most Powerful Year Opening for Oil Since 2014

Tuesday witnessed oil prices posting their best year opening since 2014. The price of crude rose to significant highs in the midst of large Iranian anti-government rallies and consistent supply cuts initiated by Russia and OPEC.American WTI (West Te..

China’s Factory Industry at Seven-Month Low

China’s Factory Industry at Seven-Month Low

As demand and producer price gains slowed down in November, China’s industrial firms’ earnings trimmed down as well marking it the slowest pace in seven months. China is the world’s second largest economy with low income that has c..

Copper Price Rises to 3.5-Year High

Copper Price Rises to 3.5-Year High

Copper prices on Wednesday surged to its highest level since July 2014 after China’s top copper producer was asked to halt production due to pollution issue.Benchmark copper on the London Metal Exchange hit a high of $7,210 a metric ton, its h..

Apple Stock Down After Report Indicates iPhone X Demand Lower than Expected

Apple Stock Down After Report Indicates iPhone X Demand Lower than Expected

Apple Inc. (NASDAQ: AAPL) shares fell more than 2.5% Tuesday after a report by Taiwan's Economic Daily claiming that demand for iPhone X could come in below expectations in the first quarter of sales.According to a report by Reuters, the Ta..

Asian Markets Close Lower to Match the US Dips

Asian Markets Close Lower to Match the US Dips

The majority of the Asian markets dipped on November 30, with the stabilization of oil prices post dip in the last session. Technology stocks went south after the US shares in this sector got sold off on November 29. Regional investors also took int..

China’s Virtual Reality Market Grows

China’s Virtual Reality Market Grows

Guiyang, China has created the country’s very first virtual reality theme park hoping to increase demand for virtual entertainment. China’s virtual reality market is expected to hit almost $8.5 billion in the next 2 years. This park is 3..

China Expands Foreign Access to Finance Market

China Expands Foreign Access to Finance Market

China will increase foreign ownership limits in financial firms as the country tries to become a multi-trillion dollar financial services market. Chinese President Xi Jinping has been pushing for economic reforms by opening up capital markets, inter..