China's central bank said on Friday it was lowering the borrowing cost of its seven-day reverse repurchase agreements, days after Beijing unveiled its biggest stimulus since the pandemic to support ... ( read original story ...)
E-payments are essential in China, but still tricky for foreign visitors
Although Shanghai is trying to make it easier for visitors to travel, technology for things like payments and mapping are still complicated. ( read original story ...)
Shanghai’s MICE industry: a chronicle of growth and global standing
The construction of the Shanghai International Conference Center in 1999 marked a turning point for the landscape of the city's MICE (meetings, incentives, conferences and exhibitions) industry. ( read original story ...)
Stock Market Today: Dow up 200 points, S&P 500 hits record high after upbeat economic data
Chinese stocks have been the big story this week, as indexes tracking markets in Shanghai, Shenzhen and Hong Kong came roaring back after the country's central bank announced a barrage of stimulus measures. ( read original story ...)
Stock market today: Asian markets rally again as China ramps up support for its economy
Shares rallied again in Asia on Thursday following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks. Bloomberg and other reports cited unnamed sources as saying that the Chinese government would spend 1 trillion yuan ($142 billion) on capital injections for lenders. ( read original story ...)
Festive feel for city’s landscape lighting
The Bund, Lujiazui and other popular tourist areas will have a holiday hue as landscape lighting will be changed for the weeklong National Day holiday. ( read original story ...)
Stock market today: Wall Street climbs toward more records
U.S. stocks are jumping back toward records amid a worldwide market rally. The Nasdaq composite was 1.2% higher. Micron Technology jumped after the maker of computer memory and storage chips delivered stronger profit for the latest quarter. ( read original story ...)