Finance

http://s.erious.ly

Posts tagged "China"

Chinese 3G Rising in Smaller Cities, Says Credit Suisse

Credit Suisse’s Colin McCallum today offers up a rather large (38 pages) overview of the rise of 3G cellular service in China, projecting a double-digit rise in cellular revenue in the country based on a survey of so-called Tier 2 cities, where reven...

US-China: through a Treasury bond, darkly

With a hat tip to Blood and Treasure, the Committee of 100 (how mysterious does this lede sound already?) has released a big survey of how the US and China see each other. Previous one was in 2007....

Yahoo!: BGC Ups to Buy on Alibaba Deal, Core Strategy

Shares of Yahoo! (YHOO) are up 6 cents, or 0.4%, at $15.48 after the company this morning announced a deal with Chinese e-commerce firm Alibaba Group Holdings Ltd. to sell a portion of Yahoo!’s 42% stake in the company for $7 billion, ending one of t...

This Morning: Facebook Off 10%, Yahoo! Rises on Alibaba Deal

Here some things going on this morning in your world of tech: Shares of Facebook (FB) are down $3.22, or over 8%, at $35 $4.01, or 10.4%, at $34.25, even worse than the stock’s pre-market slump, after the social networker’s soggy debut on Friday. ...

Wen to the rescue

Asian markets were mostly in positive territory early on Monday, which was widely attributed to comments by Chinese premier Wen Jiabao on Sunday, emphasising the need for more...

China’s mega dash for the dollar

We noted last week that there was a rising tussle over dollars in China, spurred by capital outflows and RMB-denominated selling on signs that the world’s key economic powerhouse...

Facebook Closes Up 0.6% at $38.23; Rises in After-Market

And that’s a wrap: Facebook shares have closed up just 23 cents from the offer price, at $38.23, and way down from the $45 high of the day. In the after-market, the shares are down another 10 cents at $38.10 the shares are now up 7 cents at $38.30. ...

A contrarian view of China’s power data

Is the slowdown in China’s electricity output growth a sign that the life is going out of the country’s economy?It’s not been the only poorly-performing economic...

Ctrip Rises 8%: Two Upgrades; Margins in Focus

Shares of Chinese travel booking provider Ctrip.com (CTRP) are up $1.50, or almost 8%, at $21.15 after the company last night beat Q1 revenue and earnings expectations, and projected Q2 revenue growth that appeared to be weaker than consensus. There wa...

Ctrip Up 5% on Q1 Beat; Q2 View Appears to Top Consensus

Shares of Chinese travel agency Ctrip.com (CTRP) are up 94 cents, or almost 5%, at $20.59 in late trading after the company reported Q1 revenue and earnings per share that topped consensus. There is some contrary data on whether the company’s Q2 reve...

Samsung, Apple Lead Q1 Smartphones Amidst Mobile Slowdown, Says Gartner

Research firm Gartner this afternoon reported a slump of 2% in mobile phone sales in Q1, year over year, the first drop since Q2 of 2009 that the market saw a decline. Sales of 419.1 million phones in Q1 represented a greater-than-expected slowing, say...

Fiscal credibility vs democracy

Last November John Hempton wrote an amusing post arguing that Ben Bernanke’s problem was that the Fed’s credibility was too high, thus creating a liquidity trap, and...