China dictates dollar, claims China analyst

The Globe and Mail Beijing office reported that an official with China's $300B sovereign wealth fund says that the US dollar has bottomed. He also said that China now has a say in the exchange rate of the US dollar. It marks a new low for the prestige US greenback. Furthermore, Mr Peng expects the yen should fall further and says that there is no need for China to acquire gold.

Read Article...
 

Like this story? Get our top stories by email.

User

Goldman Sach’ chief did not own up

Mr Philip Angelides, chairman of the Financial Crisis Inquiry Commission has told reporters that Goldman Sachs head Lloyd Blankfein has failed to own up to his firm’s role in selling mortgage securities that helped trigger the global credit crisis.

Read Article...
 

Like this story? Get our top stories by email.

User

China property prices up, stressing growing bubble risk

China’s property prices rose at the fastest pace in 18 months in December, stressing the government’s struggle to rein in speculation while maintaining economic growth. Residential and commercial real-estate prices in 70 cities climbed 7.8% from a year earlier.

Read Article...
 

Like this story? Get our top stories by email.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

online financial advisory
Pathbreakers
Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
online financia advisory
The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Online Magazine
Fiercely independent and pro-consumer information on personal finance
financial magazines online
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
financial magazines in india
MAS: Complete Online Financial Advisory
(Includes Moneylife Online Magazine)