U.S. stock futures traded higher in early pre-market trade. The Chicago PMI for July is schedule ... Hong Kong’s Hang Seng Index gained 1.28 percent, China’s Shanghai Composite Index gained 0.61 percent and India’s BSE Sensex rose 0.63 percent. ( read original story ...)
China’s yuan strengthens to 9-1/2-month high on higher fixing
SHANGHAI, Aug 1 (Reuters) - China's yuan firmed against the ... during which White House communications director Anthony Scaramucci was fired. [nL1N1KM0ON] In the spot market, the onshore yuan opened at 6.7170 per dollar and was changing hands ... ( read original story ...)
Chinese financials carry baton as Hong Kong stocks near 26-month highs
Strengthened earnings expectations have underpinned Hong Kong's stock ... market. For insurers, we can see their A-shares are doing well right now, and markets are expecting they will post good results," said Linus Yip, chief strategist at First Shanghai ... ( read original story ...)
Shanghai’s traditional department stores re-strategize their customer services
Under these challenging situations, a batch of Shanghai's earliest, traditional department stores on Nanjing and Huaihai roads started closing their doors from 2017 for major renovations and to adjust their business operations to meet changing demand from ... ( read original story ...)
Shanghai raises $7.4bn IC promotion fund
Shanghai, has raised a $7.4 billion fund to back the IC industry, reports Digitimes. The intention is to help fabless companies make acquisitions and assist the equipment and materials industries. Last year the Shanghai fund, called the Shanghai Integrated ... ( read original story ...)
Asian stocks climb as earnings data roll in
Hong Kong's Hang Seng gained 0.4 per cent to 27,418.75 and the Shanghai Composite index in mainland China rose 0.4 per cent to 3,284.62. Australia's S&P/ASX 200 climbed 0.7 per cent to 5,758.90. Southeast Asian indexes were mixed. DATA DUMP: Investors were ... ( read original story ...)
Pet Fair Asia celebrates its 20th anniversary
business opportunities for decisions makers from Asia and their Western counterparts. In a world where leading pet tradeshows across the globe have become great backyards for networking, there is just something "more" happening in Shanghai in August. ( read original story ...)