(MENAFN - Asia Times) As the housing industry continues to face downward pressure, real estate giant Centaline Property Agency's Shanghai branch says it has had to slash salaries and employee ... ( read original story ...)
After Golden Week, China’s Stock Market Falls On Serious Threats From Washington
with Shanghai 50 and the Shanghai 180 both down more than 4%. In New York, the Deutsche X-Trackers China A-Shares Fund (ASHR) was down 1.87% in the pre-market. This could be a sign of the times for Ch... ( read original story ...)
Top 10 world financial centers
Shanghai overtook Tokyo to enter into the top 5 of the 24th edition of the Global Financial Centres Index, while Beijing, Zurich and Frankfurt moved into the top 10, replacing Toronto, Boston and San ... ( read original story ...)
Tech links bike firm, Shanghai subway
Two-year-old bike-sharing startup Hellobike, now rebranded as HelloChuxing, has forged a collaboration with Shanghai Shentong Metro Group Co Ltd to develop a smart technology to improve subway-to-bicy... ( read original story ...)
China shares tumble, central bank’s move to aid economy shrugged off
SHANGHAI (Reuters) - China stocks tumbled on ... On Sunday, the People’s Bank of China (PBOC) announced a 100-basis-point cut to banks’ reserve requirement ratio (RRR), stepping up efforts ... ( read original story ...)
China’s Latest Banking Move Shows How Nervous It Is About Its Economy
China’s mainland markets tumbled on their first trading day following the central bank’s decision to cut ... but the Shenzhen and Shanghai composites fell 3.8% and 3.7%, respectively. ( read original story ...)
Angry Mobs Show All’s Not Well in China’s Toppy Property Market
The unrest is a further sign that China’s toppy property market is beginning to cool ... citing company policy. In Shanghai, the price cuts are only for projects in poorer areas, she said by phone Mon... ( read original story ...)