Is Europe's migrant crisis getting out of hand? Death and desperation mounted in Europe's migrant crisis Friday as Austrian police said 71 people appeared to have suffocated in the back of an abandoned truck, while an estimated 200 people were feared drowned off Libya when two overloaded boats capsized.
Source: The Associated Press
Market moves: Who’s to blame? Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, discusses whether emerging markets or the U.S. are ultimately to blame for recent market volatility.
ANALYSIS-Once a source of envy, Germany's China exports turn into a risk BERLIN, Aug 26- Germany's export exposure to China, for years a source of economic strength, is fast turning into a risk that raises questions about the health of other sources of growth in Europe's largest economy. For years, its EU peers tried- and failed- to match Germany's export prowess in China, where German companies profited from the infrastructure and...
| By: Paul Carrel
After riding Internet wave, top China investor bets on hardware *Lee's fund GGV made early bets on Alibaba, Xiaomi, others. "Finally, after 15 years of investment in China, we're starting to see the real' makers' come to play," Singapore- born Lee, who moved to China in 2005 to set up GGV's Shanghai office, said in one of several interviews with Reuters. GGV, founded in 2000 as Granite Global Ventures, has nearly $2.7 billion across six funds,...
| By: Gerry Shih and Elzio Barreto
EMERGING MARKETS-China rate cut give stocks biggest boost in two years MSCI's benchmark EM stocks index recovered almost half of the 5 percent it had lost on Monday when worries about China's economic health had sent global markets into a panic. "The PBOC is doing what it has to do but it is very likely it is not enough so more will have to be done," said Wei Yao, China economist for Societe Generale in Paris. Though Asian markets were shut,...
| By: Marc Jones
Chart: Beware the Death Cross fairy tale The Death Cross sounds suitably terrifying and ominous, but its signals are not reliable and the market is riddled with false Death Cross signals.
| By: Daryl Guppy