Shanghai Comp to open down 2.6%

FXStreet (Bali) - Shanghai Comp to open down 2.6%, tracking the strong losses seen in Wall Street.

Jan 14, 2016

Fitch: Corporate defaults in China likely to become more common

According to Fitch Ratings-Singapore, Corporate defaults in China are likely to continue to become more common as the authorities move to develop the corporate bond market and issuance grows.

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Jan 14, 2016

USD/CNH on fire, en-route to 6.60

Despite the relatively stable fix by the PBOC earlier today, setting USD/CNY mid-point at 6.5616 vs 6.5743 last close, USD/CNH continues to edge higher, currently breaking above 6.59, with new high at 6.5920.

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