Asian Markets Slide as Chinese Interest Rate Hike Looms

Asian markets took a tumble today with China’s Shanghai Composite Index plunging on rumors that another interest rate hike is imminent. Hong Kong’s Hang Seng Index dropped 1.9% and Japan’s Nikkei 225 Index was down 1.4%.
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G-20 Focus: What Asian Nations Can Do About QE2

As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed’s $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are inst…

Asian Markets Rise Despite Measures to Stem Cash Flow

Asian markets rose Thursday with investors piling money into China stocks, despite the government’s efforts to control liquidity. The Shanghai Composite Index climbed 1% and Hong Kong’s Hang Seng Index rose 0.3%. In Japan the N…