While three future industrial pilot zones begin taking shape in the city, Shanghai has been in consistent progress to build an innovative highland of future industries with an output value of 500 ... ( read original story ...)
Isetan Mitsukoshi to shut Shanghai outlet in China pull back
Japan's Isetan Mitsukoshi Holdings says it will close its money-losing department store in Shanghai at the end of June. ( read original story ...)
China, HK stocks end higher, property sector in focus
China's property market volatility has limited impact on the country's financial system, and some " positive signals " have emerged in the market, the central bank's governor said on Monday. Foreign ... ( read original story ...)
Today’s Stock Market: Mixed Outcomes For Asian Shares While Wall Street’s Surge Takes a Pause
During Tuesday’s trading, Asia’s stock markets presented a patchwork of gains and retreats, as initial sessions of buying gave way to profit-securing sell-offs. The Nikkei 225 index of Japan, which ... ( read original story ...)
Stock market today: Asian shares trading mixed after Wall Street’s momentum cools
Hong Kong's Hang Seng jumped 1.4% to 16,703.76, while the Shanghai Composite added 0.2% to 3,031.90. In energy trading, benchmark U.S. crude fell 4 cents to $81.91 a barrel. Wall Street edged back ... ( read original story ...)
BRICS development bank aims to make $5 bln in loans in 2024
The New Development Bank (NDB), set up by the BRICS group of emerging economies, aims to make about $5 billion in loans this year, its vice president, Zhou Qiangwu, said on Tuesday. “During the ... ( read original story ...)
Chinese cities to close local financial asset exchanges to defuse risks
Four Chinese provinces and cities are shutting down their financial asset exchanges as part of efforts to crack down on illegal fundraising and rising risks in local government finances. Local ... ( read original story ...)