By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Wall Street and world stocks roared to new highs on Thursday, boosted by the Federal Reserve’s interest rate cut the day before and a 23% surge in Intel shares, while the dollar and…
Even though policymakers in Beijing may be putting up a sanguine show, not all is well with China’s economy. Its latest official data reveals that prices in China fell 0.7% from a year earlier in February, marking the first time in more than a year that the economy is in the grip of deflation. Also…
HONG KONG—China economists and strategists at leading brokerages say they are hewing closer to the official government line and being cautious in their commentary in response to signs of tighter monitoring. The latest sign came Friday when the state-run China Securities Journal said the main securities industry body has told brokerages to ensure their chief…