politics

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..

Chinese Financial Industry on Thin Ice

Chinese Financial Industry on Thin Ice

In a direct contrast to its economic nationalism and rising protectionism, the Chinese have opened its financial companies to an increased foreign ownership. According to Zhu Guangyo, the Vice Finance Minister, foreign investors can now take a contr..

Year-End Stock Market Sell-Off a Possibility

Year-End Stock Market Sell-Off a Possibility

The markets exhibit a different tone now. Gone are the days when positives ruled. A day at this time could go anywhere, including north in the first half and a deep south at the end. One such day was November 14. The rally which began at the start o..

The American Tax Plan Unveiled; Asian Stocks Fall

The American Tax Plan Unveiled; Asian Stocks Fall

Friday saw the Asian stock markets facing immense pressure and this was linked to the unveiling of the tax reform law by the Senate Republicans on Thursday.There was 1.12 percent drop in the shares of Nikkei, an extension of the losses noted on Thur..

Stock Market May have a Cash Problem

Stock Market May have a Cash Problem

Stock market investors are running out of cash. The shortage may threaten the long-running bull market which investors are now fully dependent upon. All kinds of investors are suffering from this particular problem. Data compiled by analysts reveal ..

Financial Markets Go North Even as Risk Persists

Financial Markets Go North Even as Risk Persists

For investors, financial markets were excellent in the third quarter. Buoyant global markets pushed up the Johannesburg JSE. This happened even as conditions continued to remain choppy. Stimulus is being provided by high share valuations, central ba..

JP Morgan CEO Bats for Republican Tax Reform Proposal

JP Morgan CEO Bats for Republican Tax Reform Proposal

The Republicans have had quite a bit of an uphill struggle to get their tax reform plan approved; the main issue has been that even many of their own party members have remained skeptical about the reforms proposals. President Trump has, in fact, be..