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Month: September 2024

Posted on 26/09/2024

China’s slowdown highlights economic inequality in Shanghai

China's leaders admitted the country's economy was facing "new situations and problems" on Thursday but people on the streets of financial powerhouse Shanghai suggested that not everyone is being hit ... ( read original story ...)

Posted on 26/09/2024

China’s stimulus-led stock rally pulls Asia higher; oil falls

By Rae Wee SINGAPORE (Reuters) -Asian stocks bucked the global trend to extend a China-led rally on Thursday, fuelled by persistent optimism over the country's aggressive stimulus package and news ... ( read original story ...)

Posted on 26/09/2024

First direct flight from Shanghai to Venice takes off

The first regular direct flight from Shanghai to Venice left Pudong International Airport on Thursday, greatly cutting the travel time between the two cities. The flight from China Eastern Airlines ... ( read original story ...)

Posted on 26/09/2024

Stock market today: Markets rally again as China ramps up support for its economy

Hong Kong’s Hang Seng jumped 4.2% to 19,924.58, and the Shanghai Composite index surged 3.6% to ... The next date on the calendar circled for a potentially big market move is next week’s monthly update on the U.S. job market. Investors are concerned ... ( read original story ...)

Posted on 26/09/2024

China’s A-share market rallies strongly on Thursday, with Shanghai market index exceeding 3,000 points

China’s Shanghai Composite Index surged more than 100 points, closing above 3,000 points on Thursday, the first time above the key benchmark since July 2, following a series of pro-growth policy ... ( read original story ...)

Posted on 26/09/2024

More than £3.5bn wiped off Ford and GM amid warnings over Chinese threat

Shanghai closed up 1.2pc and Hong Kong advanced 0.7pc after ... Passengers travelling before the refitting would benefit from free wifi. Etihad’s move comes amid major backlogs at Boeing and Airbus ... ( read original story ...)

Posted on 26/09/2024

PwC bullish on Shanghai’s efforts to boost innovation and productivity

Global professional firm PwC is eyeing the huge growth opportunities arising from Shanghai's ongoing efforts to boost innovation and productivity, highlighting the city's critical role in the firm's ... ( read original story ...)

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