Topping Shanghai Outbreak The People’s Bank of China reduced the reserve requirement ratio for most banks by 25 basis points, it said in a statement Friday. The adjustment takes effect on Dec. 5 and ... ( read original story ...)
Yangtze No. 2 Ancient Shipwreck transferred to dock near Huangpu River in Shanghai
The Yangtze No. 2 Ancient Shipwreck is transferred to a dock near the Huangpu River in Shanghai, east China, Nov. 25, 2022. The ancient shipwreck, one of the largest and best-preserved wooden ... ( read original story ...)
Exclusive: China central bank to offer cheap loans to support developers’ bonds
China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet ... ( read original story ...)
Aesop Opens First China Store In Downtown Shanghai
The two-story, 3,230-square-foot space touts a homely ambiance with locally sourced materials that "pays homage to Chinese craftsmanship." ... ( read original story ...)
More wild raccoon dogs spotted in Shanghai, survey finds
Raccoon dogs, an animal native to Shanghai, have been spotted in nearly half of surveyed residential complexes in a suburban district of Shanghai, an investigation involving mass participation of city ... ( read original story ...)
Consistent Sales Growth Has Helped Procter & Gamble Stock To Match The Market Returns
Procter & Gamble (NYSE: PG) stock price gained almost 60% from around $92 at 2018 end to $146 currently, primarily due to favorable changes in its revenues and P/S multiple. ( read original story ...)
Pre-Market Brief: Stocks Mixed As Fed Minutes Boost Sentiment, But China’s Covid Woes Weigh
China’s Shanghai Composite Index (SHCOMP ... closed down 2.39% and hit a 52-week low of 17.15. Pre-Market U.S. Stock Movers Canoo Inc (GOEV) climbed over +12% in pre-market trading after the company's ... ( read original story ...)