10 Ways America Is Losing Its Superpower Status to China
Just a few years ago, most people around the globe viewed the U.S. as the world's leading economic power. Now, that title is passing to China, and here are 10 reasons why.
PetroChina
Following the Money: Venture Capital Going Global in a Big Way
In case you didn't know, foreign investments now make up half of the successful VC deals. It's a trend that's shifting the landscape for investors and entrepreneurs alike, and it's only likely to accelerate.
Chinese Reserve Ratios Escape Recent Hike, Asian Markets Rise
Investors in Asia were quick to react to a report that China has canceled its last round of reserve ratio hikes, sending markets up on Tuesday. The Hang Seng rose 1.7% in Hong Kong, the Shanghai Composite inched up 0.1%, and in Japan the Nikkei 225 Index gained 0.2%.
Egyptian Unrest Sends Oil Prices and Asian Markets Higher
Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong's Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan's Nikkei 225 Index edged up 0.4%.
Insurance Premiums Soar in China, Boosting Shares in Hong Kong
Asian markets headed higher on Wednesday. In Hong Kong, the Hang Seng climbed 1.5% to 12,126 and in China the Shanghai Composite Index advanced 0.6% to 2,821. Japan's Nikkei 225 Index was virtually unchanged at 10,513.
