Wednesday, March 10th, 2010

Shanghaied by Shanghai!

Shanghai’s key stock index is enduring unprecedented volatility after registering its biggest weekly loss since February. Today, the Shanghai Index rebounded and ended above 2,900 points after yesterday’s slide. On Monday China’s main stock index tumbled another 5.8%, leaving it down 16% for the month. At the end of last week, Shanghai tumbled [...]

Stock Market Hits A New High. Too Bad for the NASDAQ and NYSE!
Shares have jumped to another one-year high! Not in New York or London, of course. The action is now in Shanghai. The market there is up 61% this year alone!
With the benchmark Shanghai Composite Index roaring towards the 3000 mark, some investors are [...]