HONG KONG (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer, said it plans to use proceeds from a Shanghai listing of one if its subsidiaries to fund eight projects totaling 27.3 billion yuan ($4 billion). In January ... ( read original story ...)
Learning with the Times: Why a stock market crash doesn’t spell doom
Is the market extremely volatile? A crash can wipe out millions in stock value in seconds. Analysis of 11 years' data for major markets shows that most (except Shanghai) witnessed their biggest crash in 2008. ( read original story ...)
Good news, Asia: this time, stock market flu is evenly spread
Compare that with the stock market crisis of 2008, when average share prices in New York and London dropped by 35 per cent and 31 per cent for the year, respectively. That year, Asian prices fared far worse. Shanghai ended the year with a breathtaking 68 ... ( read original story ...)
Bargain Hunting Predicted For China Stock Market
(RTTNews.com) - The China stock market has finished sharply lower in four straight sessions, plunging more than 360 points or 10.2 percent in that span. The Shanghai Composite Index now rests just beneath the 3,130-point plateau although it's expected to ... ( read original story ...)
Shanghai uses recycled gutter oil to power vehicles
Biodiesel combined with gutter oil and diesel will be offered at nearly 200 gas stations in Shanghai by the end of the year, local authorities have said. The biodiesel is 5 percent processed gutter oil and 95 percent diesel. "Such biodiesel is now ... ( read original story ...)
Shanghai Cup Returns for Another Sailing Championship at the Bund in 2018
The first-ever international sailing regatta “Shanghai Cup” was held at Shanghai Yacht Club (SYC) way back in 1873. After 144 years, the sport made its glorious comeback with the 2017 SYC Shanghai Cup and Nacra 17 Asian Championship, held on October 28 ... ( read original story ...)
Sasseur Reit plans up to $600 million IPO in March
SINGAPORE - SASSEUR Group, a Shanghai-based developer of outlet malls which last year pushed back plans for a Reit listing here, has begun gauging investor interest again with plans to list Sasseur Reit in March. The initial public offering (IPO ... ( read original story ...)