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Press Releases

UPDATE 1-China April official factory activity expands but at slower pace

*Official China factory activity expands but only marginally. BEIJING, May 1- Activity in China's manufacturing sector expanded for the second month in a row in April but only marginally, an official survey showed on Sunday, raising doubts about the sustainability of a recent pick-up in the world's second-largest economy. Indeed, South Korea reported demand...

Source: Reuters

ECB decision is much ado about nothing: Analyst

QS Investors' portfolio manager and investment strategy analyst, Wayne Lin, discusses concerns over the euro-zone and ECB.


Are the US markets poised for a sustained upturn?

U.S. markets look stable, but they're weighed by tepid earnings, says QS Investors' portfolio manager and investment strategy analyst, Wayne Lin.


Leonardo DiCaprio, Nicki Minaj, Lin-Manuel Miranda make 'Time 100' list

Leonardo DiCaprio, Nicki Minaj, and Broadway star Lin-Manuel Miranda are among the stars who made the list, USA TODAY reports.


WRAPUP 4-As global steel crisis grips, China says March output was a record

*China has cut capacity; criticism is "lazy protectionism". *China says March output was a record 70.65 mln tonnes. BRUSSELS/ BEIJING, April 19- Under pressure to curb steel output and relieve a global glut, China said on Tuesday its production actually hit a record high last month as rising prices, and profits, encouraged mills that had been shut or suspended to resume...

Source: Reuters

WRAPUP 3-Major steel producers fail to reach deal on overcapacity, U.S. chides China

*China says has cut capacity, criticisms "lazy protectionism". BRUSSELS/ BEIJING, April 19- China and other major steel-producing countries failed to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting U.S. criticism of Beijing's approach and an angry response from Chinese officials.

Source: Reuters

Lin-Manuel Miranda's 'Hamilton' wins Pulitzer for drama

The Columbia University's prize board on Monday cited "Hamilton" as a landmark American" piece.

Source: The Associated Press

WRAPUP 1-Chinese economy shows signs of debt-fueled recovery

BEIJING, April 15- China posted its slowest economic growth since 2009 but a surge of new debt appears to be fueling a recovery in factory activity, investment and household spending in the world's second largest economy. That's good news in the near-term, economists say, but many worry it marks a return to the old playbook used during the financial crisis, when...

Source: Reuters

UPDATE 2-China economy posts weakest growth since 2009 but recovery signs emerge

*Q1 GDP growth +6.7 pct y/y, meets forecasts. BEIJING, April 15- China's economy grew at its slowest pace in seven years in the first quarter, however, indicators from the country's consumer, investment and factory sectors point to nascent signs the slowdown in the world's second largest economy may be bottoming out. "The tentative economic recovery is the result of...

Source: Reuters

UPDATE 1-China Q1 GDP grows at slowest pace since 2009

BEIJING, April 15- China's economy grew 6.7 percent in the first quarter from a year earlier, meeting expectations and at its slowest pace in seven years, although other indicators show the slowdown in the world's second largest economy may be bottoming out. China's economy grew 6.9 percent in 2015, its weakest rate in a quarter of a century.

Source: Reuters