Charting Stocks

There’s been some speculation on GM today amid rumors of Shanghai Automotive Industry Corporation (Group) (SAIC). The deal, which was originally reported by the Chinese news site www.nbd.com.cn, was later officially denied by SAIC.
Another Chinese News Source, 21st Century Business Herald, later reported that Chinese state-owned companies such as Shanghai Auto and Dongfeng may have [...]

China Wednesday reduced both its lending and borrowing rates by 1.08 percentage points in an effort to ease the money supply.  The Chinese central bank’s one-year yuan lending rate is now 5.58%, while the rate on one-year yuan deposits rate has been lowered to 2.52%.
The central bank also reduced bank reserve requirements by 1% for [...]

Russia’s RIA Novost Reports – A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily Izvestia published on Monday: “The dollar is not [...]