"Seven-day money now crosses over the holiday, so it's reasonable for rates to be a bit higher," said a trader at a regional bank in Shanghai. The one-day or overnight rate stood at 2.5831 percent and the 14-day repo stood at 3.8751 percent. Key money ... ( read original story ...)
Australia and New Zealand Banking : ANZ comments on APRA capital discussion paper
ANZ's current capital ratio of 10.8% includes the proceeds of the sale of Shanghai Rural Commercial Bank and a small benefit of the sale of its Asian retail and wealth businesses. Further benefits will be achieved following completion of other asset sales ... ( read original story ...)
NYU Shanghai’s First Graduating Class Excels After College
He now works as an associate of New Student Programs. “What attracted me to NYU Shanghai is how I thought it would push me out of my comfort zone,” Rhorik said in an email. “Having grown up in Myrtle Beach, South Carolina without a passport and a ... ( read original story ...)
Shanghai instals 3D bus shelters
Shanghai has installed a set of 3D printed bus shelters, believed to be the world’s first, to serve a bus route in suburban Jinshan district New bus shelters, built by a Shanghai company, feature a closed-loop design that looks like a rectangular frame ... ( read original story ...)
Wall Street cheers Hong Kong’s IPO rules revamp but sees New York’s dominance unthreatened
Earlier this month, Shanghai Henlius Biotech Inc, a biotech company owned by Shanghai Fosun Pharmaceutical (Group) Co, also was reported to be planning a Hong Kong IPO. The offering, expected to occur in the second half of this year, could raise at least ... ( read original story ...)
Why Are China And India Vying For A Stake In Bangladesh’s Stock Market?
Bangladesh’s capital market, third largest in South Asia ... What’s in the offers? China’s Shanghai and Shenzhen Stock Exchanges, the world’s fifth an eight largest respectively, made a joint bid for the DSE stake. According to reports by local ... ( read original story ...)
What’s Behind US Stock Market Volatility? – OpEd
Japan’s Nikkei 225 fell 508 points, or 2.32 percent, to 21,382, and China’s Shanghai composite sank 4.02 percent ... would remind us the meteoric rise and devastating fall of the stock market had almost nothing to do with the POTUS.] ( read original story ...)