Asian equities continue to rise; Nikkei extends gain above 30K, US equity FUTs rise; JPY and USD trade weaker; Quieter session seen for gov’t bonds and oil. - Asian indices opened the session ... ( read original story ...)
Balance of loans in Shanghai rises in January
The balance of loans in Shanghai stood at 868 trillion yuan about 135 trillion US dollars at the end of January up 99 perc ... ( read original story ...)
World stocks rally, bringing Japanese market to 30-year high
World shares started the week off with a rally, as Japan’s Nikkei 225 index closed above 30,000 for the first time since August 1990. European markets closed sharply ... ( read original story ...)
Tesla accelerates Giga Shanghai’s expansion as news of $25k EV heat up
Amid increasing reports surrounding the impending release of Tesla China’s $25K compact car, drone flyovers of the Gigafactory Shanghai complex have revealed that the electric car maker is now ... ( read original story ...)
As urbanization keeps momentum, housing prices in China may stay elevated
I'd like to talk about housing prices today. First, we have to admit that there is no unified housing price in China. The higher housing prices in the first-tier metropolises, some provincial capitals ... ( read original story ...)
Robotics cafe startup Ratio nets $10m in series A round led by Frasers Property
Co-working unicorn JustCo and zVentures, the venture arm of gaming and lifestyle brand Razer, also participated in the fundraise. ( read original story ...)
BRICS Launches New Development Bank as Financing Alternative
Officials from the world's largest emerging nations launched the New Development Bank (NDB) on Tuesday, the second of two new policy banks heavily backed by Beijing that are being pitched as ... ( read original story ...)