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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Farewell to China circuit breaker – may you rest in peace

Jan 08, 2016 06:35 am UTC| Insights & Views

China Circuit Breaker - Born - 4th January 2016, Demise - 7th January 2016 Our beloved (Bears) and hated (Bulls) circuit breaker in Chinas CSI 300 passed away in silence last night in the hands of its own creators...

China Crisis Series

How S&P 500 performs when China crashes – recent historical perspective

Jan 07, 2016 13:34 pm UTC| Commentary

Market is reeling with risk aversion arising from China, which has pushed global stock market into a tailspin at the beginning of the year. Analysts and market participants are returning fast and volume increasing in the...

China Crisis Series

Instability rocks China; will it create ripple effects across markets?

Jan 07, 2016 11:26 am UTC| Insights & Views

The health of the Chinese economy has resurfaced as a key concern as we head into 2016, extending a major blow to the markets already rattled by geopolitical tensions stemming from Saudi-Iran tensions and North Koreas...

China Crisis Series

China’s FX reserve shrank by record in December and in 2015

Jan 07, 2016 10:29 am UTC| Commentary Central Banks

China suffered biggest monthly drop in foreign exchange reserve in December, leading to largest annual drop ever. In December, Chinas FX reserve dropped by -$107.9 billion, bringing total annual shrinkage to $512.66...

China Crisis Series

What is PBoC up to?

Jan 07, 2016 09:27 am UTC| Commentary Central Banks

What is Peoples Bank of China (PBoC) trying to do and what is its fixing strategy? These question are puzzling analysts and global market participants the most. PBoC on Tuesday devalued Yuan by just 0.21%, when spot...

China Crisis Series

Chinese stocks – Game over in 14 minutes

Jan 07, 2016 07:59 am UTC| Commentary

You like to go home early??.......then Chinese stock market is ideal pace for you. Chinese stock market had its shortest trading session ever, of around 14 minutes, after which trading just got halted for the day. Thanks...

China Crisis Series

Authorities in China back on the defensive

Jan 06, 2016 17:27 pm UTC| Commentary Economy

Continued negative sentiment towards China has put the authorities back onto the defensive in recent days. It emerged on Wednesday that a ban on the selling of equities by large investors had been extended indefinitely....

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Economy

Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers

Asian stock markets traded unevenly on Friday as semiconductor shares declined following fresh concerns about OpenAIs revenue outlook, while rising oil prices and volatile bond markets weighed on investor sentiment. The...

Gold Prices Rise as Dollar Weakens, Treasury Yields Fall

Gold prices climbed during Asian trading on Friday, supported by a weaker U.S. dollar and falling Treasury yields, as investors assessed inflation concerns driven by rising oil prices and expectations of further Federal...

Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain

Asian currencies traded largely flat on Friday as the U.S. dollar headed for its fourth consecutive weekly gain, supported by expectations that the Federal Reserve could raise interest rates again before the end of 2026....

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Politics

Ripple Chairman Chris Larsen Donates $22.5 Million Ahead of US Midterms

Ripple Executive Chairman Chris Larsen has contributed at least $22.5 million to federal candidates and political action committees (PACs) during the current election cycle, strengthening his influence in US politics ahead...

Venezuela’s Machado Calls for Elections by July 2027

Venezuelan opposition leader Maria Corina Machado has called for presidential elections in Venezuela next year, saying the country has sufficient time to organize a vote by July 2027, according to a Financial Times report...

RFK Jr. Launches Nationwide Vaccine Safety Review

US Health Secretary Robert F. Kennedy Jr. has launched a department-wide initiative to investigate and document reported health problems following vaccination, the Department of Health and Human Services (HHS) announced...

Zelenskiy Slams US Over Deadly Russian Strikes on Ukraine

Ukrainian President Volodymyr Zelenskiy criticized the United States for its reluctance to provide additional military support after Russian airstrikes killed dozens of civilians across Ukraine, intensifying tensions over...

Flavio Bolsonaro Leads Lula 49%-45% in Brazil Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Datafolha poll released Thursday. However, the results...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Zcash Plans Quantum-Resistant Security Upgrade for January

Zcash (ZEC) developers are preparing to introduce quantum-resistant security features in January 2027, aiming to protect cryptocurrency wallets against potential threats from advanced quantum computing and artificial...

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...

OpenAI Revenue Hits $50 Billion, Below Earlier $70 Billion Estimate

OpenAI has informed investors that its annualized revenue reached nearly $50 billion in September, significantly below the $70 billion previously indicated, according to a Reuters report on Thursday. The revised figure...

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...
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