Residents in Shanghai change into spring and summer outfits and enjoy water activities on March 1, 2025. Photo: VCG. Shanghai recorded its hottest early March in over 150 years on ... ( read original story ...)
Stock market today: Wall Street ticks up early, but not enough to recover another week of losses
Wall Street is having a small rebound before the opening bell Friday but remains on track for another dismal week of losses as investors try to anticipate what President Donald Trump's tariffs mean ... ( read original story ...)
Chinese rivals to Musk’s Starlink accelerate race to dominate satellite internet
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ... ( read original story ...)
China’s Chery Auto applies for Hong Kong IPO
China's Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic ... ( read original story ...)
Stock market today: Asian shares skid, hit by Trump tariff hikes and doubts about AI
Asian shares are sharply lower, with benchmarks in Japan, Hong Kong and South Korea tumbling more than 2% after a broad retreat on Wall Street ... ( read original story ...)
Exclusive: Chinese banks heed PBOC call to cut dollar deposit rates, say sources
China's banks are cutting the interest rates offered on U.S. dollar deposits after being asked to do so by the central bank, possibly to curtail dollar hoarding and also prop up a weakening yuan, ... ( read original story ...)
RBI imposes penalty on The Hongkong and Shanghai Banking Corporation and IIFL Samasta Finance Limited
A penalty of Rs 33.1 lakh has been imposed on IIFL Samasta Finance Limited for non-compliance with certain provisions of the ’Non-Banking Financial Company – Systemically Important Non-Deposit taking ... ( read original story ...)