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Sunvic Chemical narrows losses in Q1

(Source: www.businesstimes.com.sg)

SUNVIC Chemical Holdings on Tuesday reported a narrowing of its fiscal first-quarter losses.

The manufacturer of intermediate chemical products, such as acrylic acid and acrylate esters, said its net loss attributable to shareholders for the quarter ended March 31, 2017, decreased to 3.7 million yuan (S$750,500) from a net loss of 60.9 million yuan the year before. 37 more words

Money Matters

China - The Greatest Ponzi Scheme in History?

A friendly commentary and analysis from China-based “doublewood” in reaction to James Rickards’ most recent Daily Reckoning piece entitled, “The Greatest Ponzi Scheme in History.” 1,766 more words

Markets

Broederliefde - Narcos

Alguna vez hecho me vuelvo en alguien que mata
Yo no sé lo que yo tengo, maar ik denk aan laca
Ik ben niet bezig met jullie niggas, ik ben op plata… 786 more words

Broederliefde

China’s unloading of FX reserves, spillbacks, and quantitative tightening

Written by Miriam L. Campanella.

China’s economic strength often is referred to $3 trillion in foreign currency reserves. Piled up since the 90s with the start of the new economic policy, the composition of this wealth is made up by 70 percent (or $2.3 trillion)  in U.S. 1,156 more words

China

China's foreign exchange reserves rose for the first time since June

The Chinese government has recently been facing a trilemma of the tanking yuan, increased capital flight, and shrinking foreign exchange reserves. Rubbing salt into the wound is US president Donald Trump who… 317 more words

China's bitcoin traders are finding new ways to trade after an official clampdown

China’s central bank has stepped up oversight of bitcoin exchanges this year, leading major trading platforms to impose halts on withdrawals and other checks to appease the regulator.  285 more words

DEUTSCHE BANK: Chinese lending exploded in January

(Source: www.businessinsider.sg)

  • New Chinese loans increased by RMB 2 trillion in January.
  • The People’s Bank of China may be tempted to raise benchmark rates to slow lending, according to Deutsche Bank.
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Money Matters