Test tubes

Hutchinson China MediTech Prepares for IPO

Hutchinson China MediTech has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the ...
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Smoggy Forbidden City

Will India and China Wound the Car Industry?

Not every car sold in India is made by one of the huge manufacturers in Europe, Japan or the United States. The sales these manufacturers have in China are greater. ...
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automatic inspection machine

Will Sinovac Go Through With This Buyout?

Sinovac Biotech Ltd. (NASDAQ: SVA) was riding high early Thursday morning, following the offer for a potential buyout, but it looks like this company doesn’t want to take the bait. ...
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Freeport-McMoRan Downgrade Seems Very Late, May Dash Recovery Hopes

Freeport-McMoRan Inc. (NYSE: FCX) has been battered during the commodity nosedive. Many analysts and investors have thrown in the towel now that shares are down about 80% from their 52-week ...
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Petrochina station

PetroChina Warns on Earnings

PetroChina Co. Ltd. (NYSE: PTR) filed a statement with Hong Kong authorities on Friday indicating that profits for the 2015 fiscal year are expected to fall by 60% to 70% ...
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iPhone 6s rosegold

Apple Ranks 3rd in China Phone Sales

Apple Inc. (NASDAQ: AAPL) grew its fourth-quarter market share in China to 13.1% with sales of 15.5 million iPhones. Total smartphone sales in China fell 4% for the quarter, however, ...
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Fitch Highlights More Risks to Emerging Markets and High-Yield Credit

Fitch Ratings has released its latest global credit outlook. The good news is that overall credit ratings outlooks are said to be improving in most sectors in developed market regions. ...
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Alibaba Earnings Rise as Browsers Become Buyers

Alibaba Group Holding Ltd. (NYSE: BABA) reported fiscal third-quarter 2016 results before markets opened Thursday. The China-based Internet giant posted adjusted diluted earnings per American depositary share (ADS) of $0.99 ...
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Why Chinese Stocks Have a Long Way to Go Before Bottoming

China’s Shanghai SSE Composite Index has taken yet another severe hit that pulled it down another 6.5%. Chinese authorities quickly abandoned the circuit breakers that had been set up to ...
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Bullet hole

6 Reasons a Recession Might Be Coming

We are now seven years away from the last major recession. Considering that buffer, it is hardly controversial to suggest that we are closer to the next recession than we ...
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burning cash

Are Sovereign Wealth Fund Liquidations Responsible for Current Market Turmoil?

The plunge continues apace. The S&P is now well below its August 24 panic lows, with the Nasdaq knocking on the door within 100 points of that critical support zone. ...
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Rocky riverbank

Lumber Prices Tumble as Demand From China Falls

Lumber prices are down nearly 30% in the past 12 months as housing construction and remodeling in China have slowed due to the country's tightening economy. The value of Chinese ...
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China Risks Trigger IMF Downgrade of Global GDP

The International Monetary Fund (IMF) has cut its forecasts for global gross domestic product improvement to 3.4% this year and 3.6% in 2017. The downgrade is largely due to a ...
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China button

Baidu as a Symbol of China’s Problems

It is the largest search engine in the country that has the most people online. Baidu Inc. (NASDAQ: BIDU), China's largest search company, was supposed to challenge Google from Alphabet ...
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IMF Sees Silver Lining, Paths Ahead During China and Developing Economies Slower Growth

Is it possible that the slowdown of China's expansion is good for the rest of the world? That might not make sense if you just looked at the worst U.S. ...
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