Topic: HSBC Holdings plc
Top galleries, list articles, quizzes
-
A hard landing for China? Six top economists weigh in.
China's economy grew 8.9 percent last quarter, the slowest pace in 2.5 years, and on Monday Premier Wen Jiabao cut the nation's growth target for 2012 to 7.5 percent, an eight-year low. Worries of a Chinese hard landing, defined as a sharp and sudden deceleration in growth, have gained momentum. However, China has been proactive in its efforts to prevent a hard landing. It has fine-tuned its policies to curb inflation, boost domestic consumption, and prevent a housing bubble. The Chinese government intervened heavily from 1989 to 1991 to cool its economy, causing real growth in gross domestic product to plunge to 4.1 percent in 1989, from 11.3 percent the previous year. It stepped in again in 1993. And some argue that this time around it's no different, and that the government knows exactly what it is doing. So we asked six top China analysts whether they saw a hard or soft landing scenario and what we should keep an eye on.
All Content
-
The Reformed Broker
Explaining the bumpy stock market
US stocks are being pushed lower by factors like uncertainly in Europe, and pulled higher by better jobs data and good news on the housing market. It can be hard to see from a day to day perspective.
-
The Daily Reckoning
Will taxing the rich really fix the economy?
The rich are roundly blamed for the country's economic woes. But the problems the economy faces run deeper than tax code matters.
-
Taiwan set for Chinese invasion - of investors
Taiwan's economy is poised grow significantly this year as the island relaxes barriers to investment from its old rival, mainland China.
-
Oil prices drop to $103 a barrel
Oil prices fell to near $103 a barrel Monday. Oil prices have been falling because of investor worries that economic growth in the US and China may slow more than previously expected.
-
Stocks fall on gloomy Fed forecast
Federal Reserve policymakers said they were worried about a slowdown in hiring, pushing down stocks and Treasury prices. The Dow fell 64 points to close at 13199.
-
Good news on manufacturing buoys stocks
The Dow rose 52 points to close at 13264 as a positive report on U.S. manufacturing lifted stocks to multi-year highs Monday. The Dow close was its highest since 2007.
-
Stocks lower on worries about Chinese economy
The Dow slipped 78 points to close at 13046 amid signs that suggest the Chinese economy is weakening.
-
Oil prices fall below $107 a barrel
Oil prices dip on concerns about China's growth. But oil prices are up from $75 a barrel in October.
-
Gold prices high. But gold stocks a bargain.
Gold prices are still hovering near record territory, but gold mining stocks are at one-year lows. Expecting gold prices to rise, some analysts see gold stocks as a buy.
-
Europe to Germany: your eurocrisis 'answers' don't work for us
As prosperous Germany reshapes Europe's fiscal operating system to fit the German doctrine of austerity, questions and warnings are on the rise.
-
A hard landing for China? Six top economists weigh in.
China's economy grew 8.9 percent last quarter, the slowest pace in 2.5 years, and on Monday Premier Wen Jiabao cut the nation's growth target for 2012 to 7.5 percent, an eight-year low. Worries of a Chinese hard landing, defined as a sharp and sudden deceleration in growth, have gained momentum. However, China has been proactive in its efforts to prevent a hard landing. It has fine-tuned its policies to curb inflation, boost domestic consumption, and prevent a housing bubble. The Chinese government intervened heavily from 1989 to 1991 to cool its economy, causing real growth in gross domestic product to plunge to 4.1 percent in 1989, from 11.3 percent the previous year. It stepped in again in 1993. And some argue that this time around it's no different, and that the government knows exactly what it is doing. So we asked six top China analysts whether they saw a hard or soft landing scenario and what we should keep an eye on.
-
The Simple Dollar
Student loans or house downpayment? Where to spend $25,000.
Student loans worth $25,000 will start accruing interest in November, but a young couple wants to buy a house in 2013. Should they pay off the student loans or buy a home? See question No. 4 in this reader mailbag.
-
The Daily Reckoning
Debt outpacing growth and the case of Japan
Japan couldn't trick its way out of an economic meltdown, and neither can the US.
-
Tiger Woods returns to form at Pebble Beach
Tiger Woods had 6 birdies for an opening round of 68 at Pebble Beach National Pro-Am. It was Tiger Woods' is back at the Pebble Beach celebrity event for the first time in a decade.
-
Doubts mount as Europe struggles with next steps in euro crisis
European stocks as well as the euro dropped as optimism from last week's euro crisis summit yielded to tough questions about the EU's ability to avert fresh crises.
-
As euro reels, France and Germany push to rewrite the rules
France and Germany agreed on a joint strategy to stem the European debt crisis: Rewrite the treaties that govern the eurozone.
-
Markets tumble on China manufacturing data
China's manufacturing sector marked its biggest fall in three years amid eurozone woes and a weak US economy. But China appears unlikely to focus on boosting domestic consumption, which could help other countries.
-
Stock futures mixed ahead of earnings
Stock futures down slightly for the Dow, S&P. But NASDAQ stock futures rise as Asia and Europe post gains.
-
Stocks tumble as worries about global recession grow
At about noon Thursday, the Dow Jones Industrial Average was off 370 points, or 3.3 percent. On Wednesday, the Federal Reserve said 'there are significant downside risks to the economic outlook.'
-
US sues biggest banks over risky mortgages
Government lawsuit claims 17 banks, including Bank of America, Citigroup, and JP Morgan, misrepresented the value of $196 billion worth of mortgage-backed securities when it sold them to Fannie Mae and Freddie Mac.
-
Dow falls 253 points in the wake of alarming jobs report
The economy added zero jobs in August, and the stock market tumbled in response
-
Germans recoil as Europe seeks more handouts amid debt crisis
German Chancellor Angela Merkel meets with French President Nicolas Sarkozy today to coordinate a strategy for coping with Europe's expanding debt crisis.
-
Silver prices, gold prices on the rise
Silver prices, as well as the prices of gold, platinum, and diamonds, rose on Tuesday, amid a declining confidence in the US dollar. Rising gold and silver prices reflect heightened anxiety among investors.
-
The Circle Bastiat
The higher education bubble has popped
Traditionally, Americans have firmly believed in two core investments: college and home ownership. Then the housing bubble popped. Is education next?
-
Gold prices reach yet another high on Tuesday(VIDEO)
Gold prices continue to rise, as volatility remains in global economic markets. Gold prices are getting closer to $1,800 per ounce.
Become part of the Monitor community
36K on Facebook | 12K on Twitter | 2,250 on YouTube