Month: August 2017

The banker at the other end of the phone was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $US3 million from his bank, China CITIC, had vanished from a warehouse on the outskirts of the city. ( read original story ...)

Mainland investors in particular prefer big names that are familiar to them, including dual-listed state-owned sector leaders like China Merchant Bank, and online gaming ... stocks via the stock connects linking Shanghai, Shenzhen and Hong Kong. ( read original story ...)

Mumbai: Banking, healthcare and FMCG stocks weighed heavy on markets ... Japan's Nikkei was down 0.36 per cent and Hong Kong's Hang Seng shed 0.01 per cent while Shanghai Composite rose 0.11 per cent. The Dow Jones Industrial Average ended at a record ... ( read original story ...)

Having been responsible for a plethora of ANZ’s Asian markets in an illustrious career with Australia’s fourth-largest bank, ANZ Royal CEO Leonie Lethbridge arrived in Cambodia early last year after serving as COO in Shanghai and, before that ... ( read original story ...)

Ahead of the Bank of England (BoE) monetary policy announcement (07:00 ... The blue-chip CSI300 index fell -0.9%, while the Shanghai Composite Index lost -0.4%. Note: China July Caixin PMI Services was 51.5 vs. 51.6 prior. In Europe, most bourses have ... ( read original story ...)

The Reserve Bank of Australia lowered its forecast for economic growth ... Hong Kong’s Hang Seng Index was little changed, while the Shanghai Composite Index swung between gains and losses. Contracts on the Euro Stoxx 50 fell 0.2 percent as of 7:30 ... ( read original story ...)

China's Shanghai Composite index fell 10.85 points or 0.33 percent ... ahead of an expected announcement of a joint venture with Toyota Motor. Weakness in the banking sector pulled Australian shares lower after Commonwealth Bank was accused of money ... ( read original story ...)