General Motors surged 9.2%. The company announced a big stock buyback, raised its dividend and told investors it won't have any trouble absorbing the costs of its new labor contract. The stock is ... ( read original story ...)
Xi Jinping visits financial hub Shanghai for first time in three years as Chinese economy sputters
Chinese President Xi Jinping visited Shanghai for the first time since 2020, as his government steps up efforts to prop up the country’s economy and financial markets. ( read original story ...)
Xi in Shanghai First Time Since 2020, Showcasing Tech, Finance
President Xi Jinping visited Shanghai for the first time in three years, putting a spotlight on China’s top financial center as investors look for policymakers to boost waning private sector sentiment ... ( read original story ...)
Xi’s First Shanghai Visit Since 2020 Showcases Tech, Finance
China has in recent months amped up efforts to support the property sector after a sharp downturn hurt economic growth. “Shanghai is the most-developed and most-open area of China,” said Wang Huiyao, ... ( read original story ...)
Little Movement Expected For China Stock Market
(RTTNews) - The China stock market headed south again on Wednesday, one day after ending the two-day slide in which it had fallen more than 30 points or 1 percent. The Shanghai Composite Index now sits just above the 3,020-point plateau and it's likely to ... ( read original story ...)
Bank money laundering expert warned Bidens got China cash for nothing
The House Oversight Committee released the internal bank communication as Republicans prepare for a vote to authorize an impeachment inquiry. ( read original story ...)
BRICS New Development Bank approves 1st non-sovereign loan in China
The BRICS New Development Bank (NDB) has approved a loan of 50 million U.S. dollars equivalent in RMB to the Bank of Huzhou for the Sustainable Infrastructure Project, marking its first non-sovereign ... ( read original story ...)