China's government bond yields showed mixed reactions to the rate decision. One-year bond yield dropped 1.45 bps, while the 10-year yield rose 2 bps. ( read original story ...)
Stock Index Futures Climb on U.S.-China Trade Talk Optimism, Fed Rate Decision in Focus
S&P 500 E-Mini futures (ESM25) are up +0.58%, andJune Nasdaq 100 E-Mini futures (NQM25) are up +0.64% this morning as optimism around U.S.-China trade talks boosted sentiment. U.S. Treasury Secretary ... ( read original story ...)
Shanghai’s first gold ATM draws crowds as prices hit record highs
Shanghai’s debut “gold recycling ATM” has drawn large crowds, especially among older residents looking to cash in on long-held jewelry as global gold prices soar. ( read original story ...)
Shanghai Shopping Festival shows latest in consumer trends
As Shanghai's GDP per capita continues to rise, the city's consumer spending patterns are shifting, with a larger portion of spending expected to be directed toward services. To meet this demand, ... ( read original story ...)
China launches a blitz of policies to help its economy, plans talks with the US on trade
China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war ... ( read original story ...)
Shanghai Tops 22 Global Business Metrics, World Bank Report Shows
(Yicai) May 7 -- Shanghai has achieved the global leader ranking in 22 of the 59 business indicators identified by the World Bank in its latest survey that polled 2,189 Chinese firms. ( read original story ...)
Shanghai leads in 22 World Bank business environment gauges
Among the 59 gauges that the World Bank has used to measure the business environment, Shanghai has reached the best level for 22 gauges, according to the latest WB report. The discoveries were part of ... ( read original story ...)