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Month: January 2024

Posted on 23/01/2024

BlackRock’s (NYSE:BLK) Discounted Property Sale in Shanghai Highlights China’s Market Rout

Global investment giant BlackRock (NYSE:BLK) is looking to offload its office towers in Shanghai at a nearly 30% discount to its acquisition ... ( read original story ...)

Posted on 23/01/2024

Connected Living 2030: The Technology that Will Power the Future of Smart Cities

Technology experts Davide Pascucci, Joel Polanco, Tod Caflisch, and Markus Nispel discuss the technologies driving the future of smart cities on Experts Talk. ( read original story ...)

Posted on 23/01/2024

Stock market today: Asian shares mixed after Wall Street gains, Hong Kong stocks near 15-month low

Shares rose in most Asian markets Monday after Wall Street returned to record heights Friday, while Hong Kong’s benchmark dropped more than 2%, hovering near a 15-month low. Tokyo’s Nikkei 225 index ... ( read original story ...)

Posted on 22/01/2024

China’s central bank keeps benchmark lending rates unchanged in January

China's central bank on Monday kept its loan prime rates (LPRs) for January unchanged from the previous month, with the one-year LPR at 3.45 percent and the five-year LPR at 4.20 percent. Observers ... ( read original story ...)

Posted on 22/01/2024

Shanghai busts TCM scam ring targeting vulnerable hospital patients

Shanghai police have dismantled a criminal group preying on ... The operation netted over 40 suspects and seized millions of yuan in illicit earnings. Led by Dai and two other ringleaders, the group ... ( read original story ...)

Posted on 22/01/2024

China’s stock markets have lost $6.3 trillion since 2021. This year’s not looking better.

China's economy continues struggling to recover post-pandemic and is facing significant headwinds from a property crisis and a demographics crisis. ( read original story ...)

Posted on 22/01/2024

OCBC China appoints Seth Tan new head of corporate banking

Tan will be based in Shanghai and responsible for all banking relationships with state-owned enterprises and large corporations. ( read original story ...)

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