VCG. China's Nasdaq-style sci-tech innovation board of the Shanghai Stock Exchange, also known as the STAR Market, celebrated its fifth anniversary on Monday. It ... ( read original story ...)
Global Funds Pile Up Nearly a Trillion Yuan of China Bank Bonds
Foreign investors ramped up holdings of short-term bonds issued by Chinese banks to a fresh record, as attractive rates for swapping dollars continue to juice the returns available on such debt. ( read original story ...)
China central bank cuts short-term policy rate
SHANGHAI (Reuters) - China's central bank said on Monday it would cut the policy interest rate on seven-day reverse purchase agreements, known as reverse repos, to 1.7% from 1.8%. The People's Bank of ... ( read original story ...)
China’s central bank cuts interest rates, moving to put more pep into the economy
Investors appear to be hungry for more aggressive action: On Monday, the Shanghai Composite index was down 1% even after the People's Bank of China announced several moves to relieve pressure on banks ... ( read original story ...)
Stock Market News Today, 7/22/24 – Futures Higher After Biden’s Withdrawal
U.S. futures traded higher on Monday morning as investors digested a major development in the U.S. political scenario. President Joe Biden ( read original story ...)
China cuts short and long-term rates
China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The People's Bank of China cut rates on its seven-day reverse purchase ... ( read original story ...)
China Greenlights Massive Offshore Wind Project for Shanghai
China’s central government has approved Shanghai’s plan to build 29 gigawatts of offshore wind capacity, as the city works to cut emissions to meet Beijing’s ambitious climate targets. ( read original story ...)