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Oct 3, 2011

CHINA Economy News, Oct 03, 2011


China Manufacturing Stability May Ease 'Hard Landing' Risks
BusinessWeek
ING Groep NV raised its forecast for the nation's economic growth in the third quarter to 9.3 percent from a previous estimate of 9 percent because of the manufacturing figures, according to an e-mailedreport today. That figure is due on Oct. 18. ...
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Risk markets ended the week lower
FXstreet.com
Concerns the major global economies are failing to fire were stoked by a weak Japanese industrial production report, an under-whelming official China PMI reading, and comments from the COO of the Economic Cycle Research Institute that the US economy is ...
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Infatuated by China
Fin24
China ranks 13th in the world in terms of the ratio of pay to productivity of its workers while South Africa ranks near the bottom at 130th, according to the World Economic Forum's Global Competitiveness Report. Cutting wages for entry level workers to ...
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Weak global cues: What to expect in trade today
Bloomberg UTV
US stocks fell, sending the Standard & Poors 500 index to its biggest quarterly drop since 2008, after reports from China and Germany fueled concerns the global economy is slowing, on Friday. US consumer spending also slowed as incomes unexpectedly ...
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The week ahead: Red October?
Mail & Guardian Online
Economists view this report as a sort of preview of what the government's official employmentreport, released two days later, is likely to show. Analysts expect the report to show that the American economy added 90 000 private sector jobs in September ...
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Commentary: Watching fallout from shadow lending 'time bomb'
MarketWatch
Chinese leaders turn out for an elaborate ceremony marking the founding of Communist China. Courtesy of Reuters. One trigger for renewed selling last week was a report by Credit Suisse, warning of an informal-lending “time bomb.” ( See report on Credit ...
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Summer setback for Scotland's economy
Herald Scotland
To be sure, the global economy is anemic as geopolitical uncertainty continues to three continents with China's possible slowdown, the disappointing economy in the US and the European financial crisis all weighing on the uncertainty. ...
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Herald Scotland
Gillard finds a narrative in Asia
The Australian
Under Howard, Australia sent troops to help resolve the crisis in East Timor in 1999, developed closer relations with Indonesia following the Bali bombing in 2002 and began the thawing of economicrelations with China. Both have become frequent world ...
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Hong Kong Stocks Fall as US Spending Slows, Commodities Drop
BusinessWeek
30, sending the measure to its biggest quarterly drop since 2008, after reports from China and Germany fueled concerns the global economy is slowing. Consumer spending in the US slowed in August as incomes unexpectedly dropped for the first time in ...
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'China reliant on investment spending to deliver GDP growth'
Hindu Business Line
“Yet China's vulnerability to a global slowdown shouldn't be underestimated: total exports account for more than a quarter of GDP and the export sector employs a big army of labour,” it said. According to the report, China has plenty of room to deliver ...
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Northwood University's Monthly Economic Outlook: A trying time
Midland Daily News
The August Conference Board Global Leading Economic Indicators Report shows the US andChina as positive at .3 percent and .5 percent respectively, while Europe was down one percent. The US savings rate remained high at 5 percent in August, ...
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Bharti taps China's ZTE to begin 4G roll-out in India
The Next Web
Bharti, India's largest operator, has asked Chinese telcom equipment giant ZTE to begin phase one of its 4G network roll-out initially in the Kolkata region only, according to a report from Economics Times in India. The report cites an official source ...
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The Next Web
The Jaco Report: October 2, 2011
FOX2now.com
On the Jaco Report, China and the Cardinals. The Missouri legislature meets this coming week to take maybe a final look at economic development legislation. Among the items discussed will be tax subsides for warehouses at Lambert to process ...
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Iowa Hog Numbers Up 4% From Year Ago
Wallace's Farmer
China's pork production is down due to disease outbreaks in 2010 and continued industry exit by small backyard producers. Production is falling at a time when strong economic growth and rising disposable income are boosting pork demand and pork prices ...
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U.S. Manufacturing Probably Grew at Slowest Pace in Two Years
Bloomberg
Construction spending fell in August, another report may show. American producers faced with slower US demand are banking on sustained sales to emerging economies like China that have also shown signs of cooling. In an effort to provide a boost for the ...
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Forex – USD/CAD Weekly Outlook: October 3-7
Daily Markets
The report came after data on Thursday showed that the US economy grew more than previously estimated in the second quarter. In its final estimate for the quarter, the Commerce Department said gross domestic product grew at annual rate of 1.3%, ...
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Asian markets sharply down on recession fears
Sacramento Bee
Markets in mainland China and South Korea were closed for national holidays. A deeper-than-expected recession prevented Greece from meeting this year's deficit target of 7.8 percent, the government said over the weekend. Greece's deficit for 2011-2012 ...
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How Europe's Crisis Can Tip US into Recession
The Fiscal Times
The new worry is China, whose largest trading partner is Europe. China's economy is already slowing, as a result of past interest-rate increases aimed at reining in inflation. A global recession would raise the chances of a hard landing for the Chinese ...
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The Fiscal Times
India Stock Futures Drop as U.S. Data Raises Earnings Concern
Bloomberg
16 to contain prices that are rising the fastest among so-called BRICS nations of Brazil, Russia, India, China and South Africa. The Reserve Bank of India raised its repurchase rate for a 12th time since March 2010 on Sept. 16 to contain prices that ...
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Chinese city takes big step toward regulating private loans
Reuters
Some analysts believe the risks to China's economy, the world's second-largest, could be contained since the rampant lending is outside of the banking system and such loans are generally not used to fund speculative bets. However, in its annual survey ...
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'surprises and disappointments' to come
The Dominion Post
There is a "real risk that global economic activity could slow sharply," Bank governor Alan Bollard says. The Reserve Bank's annual report shows the central bank reported a net profit of $144 million for the year to June 2011, and paid a dividend of ...
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Growing China fears blur lines between debt and equity
Reuters
Although it is not a perfect hedge - a high hedge ratio is needed due to the low volatility - sovereign protection has become increasingly popular in recent months on fears of a hard landing for the Chinese economy. Five-year contracts for China have ...
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"Special Topics Report No. 57" on social statistics published
7thSpace Interactive (press release)
Information was collected on their socio-economic characteristics and their working conditions in the mainland of China. The report includes findings of the above enquiry with some 30 statistical tables and charts.Users can download the publication ...
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Shares lose $32b in next sell-off
Sydney Morning Herald
From an earlier report: IG Markets analyst Cameron Peacock said investors were also worried thatChina's economic growth is slowing, which could hurt demand for local resources. A contraction inChina's manufacturing sector for a third straight month ...
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India's Manufacturing Expands at Slowest Pace in 2 1/2 Years
Bloomberg
In China, a manufacturing index advanced for a second month, suggesting the world's second-largesteconomy is weathering Premier Wen Jiabao's steps to check price gains. “Inflation control would continue to be the dominant theme and goal in India,” ...
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Three dead after tropical storm hits China
Herald Sun
The storm, which weakened from a typhoon after devastating the Philippines' main island of Luzon last week, has caused about $US219 million ($A224.77 million) in economic losses in Guangxi region, the official Xinhua news agency said on Sunday. ...
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AUD/USD Weekly Fundamental Analysis for October 3-7, 2011
ForexTV.com
We can see that the worsening European debt crisis has more impact on the market movements, which led Aussie to retreat against its major counterparts, while Australias economy is benefiting from demand from developing nations including China and India ...
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Fears surface over Chinese cable
Stuff.co.nz
China's growing interest in the telecommunications industry has rung alarm bells among some US policy-makers, both because of the economic threat it poses to US manufacturers and security concerns. The commission warned in its last annual reportthat ...
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Stuff.co.nz
High VIX....Insane Whipsaw.....Breaking Down Late...
FXstreet.com
China stocks also knocked down hard as the story there seems to be pointing to a slowingeconomy. The moves lower were intense with high volume supporting the moves down by the big money. Distribution volume, if you will. Not what you want to see, ...
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WEEKLY REVIEW: Kazakhstan's economy becomes less dependent on energy prices
Gazeta.KZ
On the same day, during the forum of China-Kazakh business circles, held in Astana, several bilateral documents were signed. Among them was the agreement on technical assistance as grant assistance to the Government of Kazakhstan from the Government of ...
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Economic Fundamentals Show Mixed Performance for the World's Largest Economy
Middle East North Africa Financial Network
The income report showed personal income fell in August by 0.1% for the first time since October 2009, compared with the prior revised rise of 0.1% and below median estimates of 0.1%, while personal spending eased to 0.1%, compared with the prior ...
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Pre Market Briefing, including 'US consumer sentiment index revised upwards in ...
Proactive Investors UK
Burberry Group lost 2.2%, amid worries about the slowing economic growth in China; the company gets about 33% of its sales in the Asia Pacific region. BP fell 0.8%, amid reports that the companys $7.1 billion deal to sell Pan American Energy LLC is at ...
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Conservative Party Conference 2011: as it happened 2 October
Telegraph.co.uk
He says he ended aid to 16 countries, including China, which has a space programme. Money is going to Gurkha villages in Nepal and Mugabe's Zimbabwe. All partner organisations have been ranked. Four have been put in "special measures", while funding ...
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Telegraph.co.uk
Global recession, debt crisis weigh on stocks
Futures Magazine
Copper: December copper traded in after hours at $3.11 per pound, down another 1.3c or 4.14% on its biggest loss since the global recession prompted analyst forecasts to decline by 16% on declining demand and the Chinese economic cutbacks. China has ...
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Oil price heads for biggest quarterly drop since 2008
Vanguard
BY OMOH GABRIEL, with Agency report LAGOS—Oil prices are heading for further drop to the 2008 low levels as investors speculated that global economic growth will slow and curb fuel demand amid rising supplies.This has serious implication for the 2012 ...
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The Stock Market Smells Deflation
Gold Seek
The darling of the emerging markets crowd is China and it has become an article of faith that China will someday soon eclipse the US as the world's leading economicsuperpower. That day will have to wait as China's stock market continues to spiral ...
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Gold Seek
Homeowners and Businesses Embracing Small Wind Turbines
New York Times
In a report to be released later this month, the American Wind Energy Association says that the market for small wind turbines in the United States grew 26 percent last year — faster than in prior years. And in Britain, a report in April found growth ...
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New York Times
Opinion- International community should help Palestinians and peace
Middle East North Africa Financial Network
The Palestinian Authority saysthat Israel's occupation of Palestinian land costs the Palestinianeconomy at least $4.35 billionand this moneycould be used to ensure a healthy financial surplus and end dependence on foreign aid. According to a report ...
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Recycling: Rarely so Critical
Waste Management World
As renewable energy finally takes off, China, which controls 97% of the global supply of rare earth elements, vital to much renewable technology, has tightened supply. As industry and governments around the world scramble for solutions, ...
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Special Dispatch No.4173
Middle East Media Research Institute
Luckily we now have an alternative in the form of China," he said. He added: "Chinawill become an economic superpower without firing a single bullet. China will be the biggest beneficiary when US troops leave the region. ...
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Middle East Media Research Institute
Will a China economic slowdown affect gold? | China business news
By CBN
Will a China economic slowdown affect gold? ... The World Gold Council reports, “The underperformance of the domestic stock market and a sluggish property sector further fueled purchases of bars and coins.” A clear example of this is the ...
China business news
Senate to Vote on China Currency ... - Conservative Daily News
By DJ Redman
To put it simply, current anti-yuan moves in the U.S. Senate are more like a publicity attempt to attract voters and distract attention from the real problems facing the U.S. economy." (emphasis mine) ... The U.S. treasury has also refused to officially denounce China's currency manipulation when they had the chance in May of this year in an official report, which could be part of the reason the Senate is trying to pass this bill and force China's hand in some way. Should it backfire and start...
Conservative Daily News
US Can Learn From China's Successful Economic Growth Story
Dow Jones Bernanke: US Can Learn From China's Successful Economic Growth Story,Read most current stock market news, Get stock, fund, etf analyst reports ...
news.morningstar.com/news/ViewNews.asp?article=/DJ/...

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STOCK, Shares, NYSE News, Oct 03, 2011


Eastman Kodak Shares Plummet
Motley Fool UK
Will Eastman Kodak's (NYSEEK.US) woes ever end? Last week, its shares fell from $2.38 to just $0.78. On Friday alone, the shares fell 54% after reports that the company had hired Jones Day for restructuring advice. For those not up on their stock ...
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NYSE Euronext Declares Date for Third Quarter 2011 Results and Conference Call
Galaxy Stocks
Morgan Stanley (NYSE:MS) almost 10% to 13.51 because of concerns over the bank's contact withEurope and Janus Capital Group (NYSE:JNS) plunged 6.6% in line with an overall drop in financialstocks. Shares of Mosaic Co. (NYSE:MOS) lost 4.7% after the ...
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Forest Laboratories - Shares Seeking Direction
TradersHuddle.com
New YorkOctober 2nd (TradersHuddle.com) - Shares of Forest Laboratories, Inc. (NYSE:FRX) closed the trading day lower by $0.28 or -0.9% from its previous close. Forest Laboratories' sharesprice action formed what is considered to be a doji close, ...
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New CCI Sell Signals - TNA, TNC, TNP, TRGP, TRN
Health Talk & You
Symetra Financial Corporation Common Stock $0.01 par value (NYSE:SYA) slid -1.03%, to close at $13.44 and its overall traded volume was 173947.00 shares in the last trading session. SYA opened at $13.66 and is trading within the range of $13.39-$13.68. ...
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Bulls taking Control - Buckeye Partners?
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of Buckeye Partners, LP (NYSE:BPL) ended the trading session higher by $0.06 or 0.1% from its previous close. Buckeye Partners' price action formed what is considered to be a bullish engulfing candle ...
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Weekly News Roundup: IBM (NYSE:IBM)
StocksandShares.TV
Here's a round-up of IBM (NYSE:IBM) stock briefings from this week. IBM (NYSE:IBM) companyshares ended the week at 174.87 (as of 9/30/2011). IBM (NYSE:IBM) has launched a new cityparking analytics system. The tech giant IBM (NYSE:IBM) has launched a ...
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Moved Below Lower Price Channel - NRGY, NTG, NYX, O, OFC
Retirement Planning
The 52-week range of the stock is $23.24 – $41.60. At current market price, the market capitalization of the company stands at $6.09B and it has 262.00M outstanding shares. NYSE Euronext is a global operator of financial markets and provider of trading ...
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Hollow Red Candles - CB, CBK, CBM, CBZ, CCJ
Health Talk & You
by Yvonne Magtibay in Business on Aug 31, 2011 Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) percentage change dropped -0.88%, to close at $24.70 and its overall traded volume was 52415.00 shares in the last trading session. ...
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Moved Below Lower Price Channel - FRA, FRO, FUE, FXC, FXE
Health Talk & You
The stock has a 52 week low of $6.20 and 52 week high of $9.49. The market capitalization of the company stands at $96.55M and it has - outstanding shares. Goodrich Petroleum Corporation (NYSE:GDP) slid -5.45%, to close at $13.89 and its overall traded ...
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P&F Triple Bottom Breakout - SKX, SMA, SMS, SNI, SOA
Health Talk & You
(NYSE:SJW) percentage change fell -2.83%, to close at $22.66 and its overall traded volume was 36968.00 shares in the last trading session. SJW opened at $23.38 and is trading within the range of $22.60-$23.60. The stock has a 52 week low of $20.89 and ...
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Ford Motor Company (NYSE:F) Revs Up Engine Deal
StocksandShares.TV
... (NYSE:F) understand the economic and operational benefits of a cleaner fuel that's sourced right here in North America.” Ford Motor Company (NYSE:F) shares were at 9.98 at the end of the last day's trading. There's been a -27.5% change in the stock ...
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Approaching Support- Hovnanian
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of Hovnanian Enterprises, Inc. (NYSE:HOV) are trading very close to calculated support at $1.21 with current price action closing at just $1.22 places the stock price near levels where traders will ...
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Moved Below Lower Price Channel - DBA, DBB, DBC, DBE, DBO
Health Talk & You
Tutor Perini Corporation (NYSE:TPC) slid -10.39%, to close at $23.45 and its overall traded volume was 837549.00 shares in the last trading session. TPC opened at $25.40 and is trading within the range of $23.35-$25.47. The stock has a 52 week range of ...
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P&F Descending Triple Bottom Breakout - FBP, FCF, FEZ, FLR, FRO
Health Talk & You
(NYSE:FBP) surged 2.33%, to close at $3.07 and its overall traded volume was 170970.00 shares in the last trading session. FBP opened at $3.02 and is trading within the range of $2.98-$3.08. Thestock has a 52 week low of $2.76 and 52 week high of ...
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Hollow Red Candles - DLR, DOV, DVA, DW, EBR
Health Talk & You
DaVita Inc. (NYSE:DVA) fell -0.24%, to close at $73.98 and its overall traded volume was 629548.00shares in the last trading session. DVA opened the day at $73.68, it made an intraday low of $73.12 and an intraday high of $74.51. The stock has a 52 ...
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Hollow Red Candles - FLO, FLY, FMO, FNB, FNV
Health Talk & You
by Yvonne Magtibay in Business on Sep 09, 2011 Flowers Foods, Inc. (NYSE:FLO) slid -0.21%, to close at $18.73 and its overall traded volume was 960226.00 shares in the last trading session. FLO opened at $18.62 and is trading within the range of ...
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P&F Descending Triple Bottom Breakout - YGE, YZC, ZLC, ZQK
Health Talk & You
by Matt Tindall in Business on May 07, 2011 AllianceBernstein Holding LP (NYSE:AB) percentage change grew 2.06%, to close at $22.25 and its overall traded volume was 401359.00 shares in the last trading session. AB opened the day at $22.16, ...
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Synovus - Time for the Bulls?
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of Synovus Financial Corp. (NYSE:SNV) ended the trading session lower by $0.07 or -6.14% from its previous close. Synovus' price action developed what can be considered a reversal pattern in the form ...
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Occidental Petroleum Corp. NYSE: OXY
Tulsa World
No company executives have sold UNT stock during this same period. Unit's second-quarter net income totaled $49.8 million, or $1.04 per diluted share, more than 50 percent above the same period in 2010. The company completed 45 gross wells during the ...
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New CCI Sell Signals - MAC, MCK, MCN, MDC, MDR
Health Talk & You
(NYSE:ETM) percentage change dropped -10.49%, to close at $9.13 and its overall traded volume was 571567.00 shares in the last trading session. ETM opened at $10.50 and is trading within the range of $8.75-$10.50. The 52-week range of the stock is ...
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Ichimoku Cloud Turned Green - DHG, DPZ, DTE, EDE, EDF
Health Talk & You
AngloGold Ashanti Limited (ADR) (NYSE:AU) slid -0.26%, to close at $45.65 and its overall traded volume was 1.61M shares in the last trading session. AU shares were trading within the range of $45.51-$46.89 while its opening price was $46.34. The stock ...
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Lockheed Martin Expecting Resistance Soon?
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of Lockheed Martin Corporation (NYSE:LMT) closed the trading session at $72.64 near its 50 day moving average currently set at $73.02. Lockheed Martin's price action is below this important level, ...
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Fresh Del Monte near Resistance
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of Fresh Del Monte Produce Inc. (NYSE:FDP) are trading very close to calculated resistance at $24.07 with the current price action closing at just $23.20 placing the stock near levels that make it ...
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Declining Chaikin Money Flow - TXI, UNG, UPL, ZNH
Retirement Planning
The stock has a 52 week low of $30.11 and 52 week high of $47.42. The market capitalization of the company stands at $885.16M and it has 27.89M outstanding shares. Texas Industries, Inc., is a supplier of heavy construction materials in the ...
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P&F Bear Trap - SFE, SPY, VOO, VTV, VV
Retirement Planning
SFE shares were trading within the range of $14.68-$15.46 while its opening price was $14.74. The 52-week range of the stock is $12.25 – $21.35. At current market price, the market capitalization of the company stands at $310.28M and it has 20.69M ...
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P&F Spread Triple Bottom Breakout - OZM, PEI, PMI, PSA, TC
Health Talk & You
The PMI Group, Inc. (NYSE:PMI) percentage change fell -31.83%, to close at $0.204 and its overall traded volume was 13.43M shares in the last trading session. PMI opened at $0.22 and is trading within the range of $0.17-$0.22. The stock has a 52 week ...
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Three Reasons Why Investors Should Be Bullish For The Next 90 Days (SPY, UPRO ...
ETF Daily News (blog)
Over the past 66 years, the S&P 500 (NYSE:SPY) has gained an average of 7.2% during the final three months of the year. What's more, the so-called Santa Claus rally has sent stock higher four out of five years since 1945. The odds are in our favor, ...
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ETF Daily News (blog)
Shares subdued after global slump
Stuff.co.nz
Freightways agreed to buy Iron Mountain New Zealand, a subsidiary of NYSE-listed Iron Mountain, and will merge the new unit into its own Online Security Services unit, it said in a statement. The company will fund the transaction from existing debt ...
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Would You Invest in This Drug Retailer?
Motley Fool
By Shubh Datta | More Articles Pharmacy retailer-cum-benefits manager CVS Caremark (NYSE: CVS ) has struggled to cope with rising costs. Though the top line increased by double digits in its most recent quarter, its bottom line struggled. ...
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LDK Solar - Traders Looking for a Bottom
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of LDK Solar Co. Ltd. (NYSE:LDK) ended the trading session lower by $0.08 or -2.5% from its previous close. LDK Solar's price action in today's session formed what is considered to be a Hammer, ...
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Earnings Expectations for the Week of October 3
Benzinga
Shares ended last week more than 12% lower than six months ago but nearly 10% higher than the 52-week low. Year to date, the stock has underperformed competitors Brown-Forman (NYSE: BF-B) and Diageo (NYSE: DEO), as well as the broader markets. ...
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Consumer Sentiment Increases in September
Galaxy Stocks
Ltd. (ADR) (NYSE:CEA) remained on top with the declined change of -11.32% to close at $15.44 and United Parcel Service, Inc. (NYSE:UPS) stayed high among the Highly Engaged Stocks with the total traded volume of 6.16 million share having the average ...
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How to Spread Out in the ETF Market
Insurance News Net (press release)
Consider the manager who thinks stocks are likely to underperform gold. At one point, his only securities option might have been purchasing shares of the SPDR Gold Shares Trust (NYSE Arca: GLD) while selling short SPDR Depository Receipts (NYSE Arca: ...
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Synovus Slashes Stake in United Insurance Holdings to 2% - cbl
Citybizlist (press release)
(NYSE: SNV) sold $4.63 million of United Insurance Holdings Corp. (OTCBB: UIHC)stock, lowering its stake to 2.12 percent, from 16.3 percent in July. Synovus unloaded 1.54 million shares of the St. Petersburg, Fla., company at $3 apiece. ...
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Citybizlist (press release)
Thor Near the 50 Day
TradersHuddle.com
New York, October 2nd (TradersHuddle.com) - Shares of Thor Industries, Inc. (NYSE:THO) closed the trading day at $22.15 close to its 50 day moving average currently set at $21.29. Thor's price action is just above this important support level ...
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Megastockpicks.com's Big Board Stocks to Watch (BAC, SIRI, C, F, S)
Emailwire (press release)
Other big boards that could still hit new lows in 2011 include Citigroup, Inc. (NYSE: c), Ford Motor Company (NYSE: f) and Sprint Nextel Corporation (NYSE: S). Megastockpicks.com was not compensated for this article, and does not own any shares in the ...
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AT&T (NYSE:T) Launches Anti-Text App
eMoneyDaily
The company want to be able to educate and equip customers with the tools they need to do that.” AT&T Inc. (NYSE:T) shares were at 28.8 at the end of the last day's trading. There's been a -8.2% movement in the stock price over the past 3 months. ...
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eMoneyDaily
Unum Group (UNM) Shares Cross 2% Yield Mark | Market News Video
Stock Alerts Free email alerts when your stocks are mentioned in videos ... In trading on Wednesday, shares of Unum Group (NYSE:UNM) were yielding above ...
www.dividendchannel.com/.../unum-group-unm-shares-cross-...

Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchAlexander Dictionary of English Idioms: English-SwedishUnder the SunStealing Jake
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