Trade in China Evergrande New Energy Vehicle's shares was halted in Hong Kong after one of its unit's creditors applied for bankruptcy liquidation in a Shanghai court. ( read original story ...)
US Economy Is Slowing, but Still Has Momentum, Former Official Says
SHANGHAI (Reuters) - The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. The U.S. Federal Reserve is doing about the right thing, Rubin ... ( read original story ...)
Ant IPO: China’s mighty financial group heads for a mega market debut
Chinese financial technology group Ant has unveiled plans for a stock market debut that may raise a record $30bn (£23bn). The company, affiliated with online retail giant Alibaba, says it will sell ... ( read original story ...)
Stock Market News Today, 9/4/24 – Futures Down After Yesterday’s Sell-off
U.S. futures were down on Wednesday morning following a sharp decline in the major averages yesterday. Futures on the Nasdaq 100 (NDX), the S&P ... ( read original story ...)
New Dupont Circle bookstore has a storied past in Shanghai
A new Dupont Circle bookstore focusing on Chinese-language books comes with an interesting past. Why it matters: JF Books is the only Chinese bookstore in D.C., according to its owner, Yu Miao, and it ... ( read original story ...)
Asia raises the 5G bar in the next digital revolution
Half a decade since their introduction, 5G networks are being deployed across the world. Yet Asia is already raising the comms bar, with 5G now flying – literally in some places – and the first signs ... ( read original story ...)
Shanghai amends regulations to solidify its role as a global financial hub
A major focus of the revised regulations is enhancing Shanghai's financial infrastructure and institutional framework. The city will encourage the establishment of headquarters and specialized ... ( read original story ...)