Sinister forces are at work in China’s stock market, according to at least one “non-biased” Hong Kong newspaper. To be sure, one might well be tempted to suspect that the inevitable unwind of a completely unsustainable (and by many measures, entirely insane) margin mania is to blame for the brutal selling that has, over the course of just three weeks, cost Chinese shares some $3.5 trillion in market value. But you’d be wrong, according to Ming Pao.
MALAYSIA: Following the requested suspension of Affin Holdings (Affin) and Hwang-DBS Investment Bank (Hwang IB) shares, Affin has proposed the acquisition of Hwang IB'S investment banking, asset management and futures businesses, namely Hwang Investment Management, Asian Islamic Investment Management and HDM Futures, with a cash offer of RM1.36 billion (US$414.29 million)...
ETF Database submits: Ever since the days of Mao Zedong and Chiang Kai-shek in the late 40’s and early 50’s, mainland China has had a strained relationship with Taiwan. In recent years, however, the economic ties between the regions have improved considerably. The recent economic crisis, as well as efforts from Taiwan President Ma Ying-jeou, have pushed the two historic rivals closer together. In fact, one could argue that in the past two years more has been done to bring the two together than in the previous 20.
By Casual Analyst:The US Department of commerce, in an effort to shut down "the Taiwan loophole" issued a Fact Sheet on antidumping tariffs on Friday. The following table shows the summary of the key findings.
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