Latest in Tag: Shanghai Highlight

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Latest in Tag: Shanghai

US Fed rate decision keeps markets volatile

Asian shares have rallied on relief that the US Fed held off on raising interest rates. But renewed concerns about the health of the global economy have caused equities’ trading to remain choppy across the world. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent to a four-week high on Friday, with financials …

Deutsche Welle

World stock markets post worst week of 2015

World stock markets have tumbled on concerns over a slowdown in China. The week ended with reports of more manufacturing gloom in China and investors moving to the safety of bonds and gold. In the US the Standard and Poor’s 500 index saw its biggest daily percentage drop in nearly four years on fears of …

Deutsche Welle

Why the Chinese love Germany’s National Youth Orchestra

Just as the number of classical music lovers is expanding in China, Germany's National Youth Orchestra has broken records of attendance during its tour there. Some cultural quirks can be surprising for Europeans. It's a mixed crowd: Young women in summer dresses, students wearing T-shirts, and parents with their children flock to Jinan's large concert hall. Li Zhang is among…

Deutsche Welle

Beijing springs to action as China shares gyrate

Asian markets were mostly down on Tuesday as Shanghai saw another day of wild volatility a day after the heaviest one-day losses in more than eight years. China's government pledged to lend further support. China's benchmark Shanghai stock index closed down 1.7 percent on Tuesday, slashing losses from earlier in the day but still defying government efforts to improve sentiment…

Deutsche Welle

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