President Biden pushes for Insulin cap, Bed, Bath & Beyond shares rise as company skirts bankruptcy. Ebay cutting 500 jobs. FOX Business is providing real-time updates on the markets, commodities and ... ( read original story ...)
China property: Wuhan takes drastic measure to stop the rot in housing market as Beijing, Shanghai and Shenzhen watch
Wuhan became the first top 10 mainland city by economic output to fully remove home ownership limits to help stop the rot in the property market. Beijing, Shanghai and Shenzhen are unlikely to follow ... ( read original story ...)
China blue chips edge higher after 3-day slide
SHANGHAI: Chinese blue chips inched higher on Tuesday ... Goldman Sachs analysts said policymakers have turned decisively more dovish towards the China property sector, expecting a smaller decline in ... ( read original story ...)
Full rollout of IPO reform underway to better serve real economy
China unveiled draft rules last week for the rollout of the registration-based initial public offering (IPO) system across the domestic stock market, representing a major leap forward in the reform of ... ( read original story ...)
The Central Bank Ushered in a Net Investment of 486 Billion Yuan
The central bank conducted a 7-day reverse repurchase of 641 billion yuan today, and the bid rate was 2.00%, the same as before. 155 billion yuan of 7-day reverse repurchase expired today with a net ... ( read original story ...)
China Restarts International Flights From Shanghai, Guangzhou As Reopening Advances
China-based airlines are restarting international flights from Shanghai and Guangzhou that were suspended during the Covid pandemic, a move that will cheer overseas travelers looking to visit but have ... ( read original story ...)
Crypto Protocol Lido Proposes ‘Turbo,’ ‘Bunker’ Modes for Post-Shanghai Ether Withdrawals
The V2 Upgrade includes proposals that explain the protocol's staked ETH withdrawals plan and introduces a new staking router that will decentralize the network. ( read original story ...)