Pudong New Area and Chengqiao Township in Chongming District. Over 500 sanitation workers and 15 vehicles were mobilized to clear floodwater, and traffic disrupted by flooding has now been restored. Rainstorms hit downtown Shanghai and districts of ... ( read original story ...)
Asian stocks slide after China takes steps to cool real estate market
Shanghai Composite Index SHCOMP ... 3.25% slid 3.3%. The island’s stock market has been strong of late, due in part to optimism about Apple Inc.’s AAPL, -1.00% new handset offerings. But that positive sentiment has cooled since the smartphones ... ( read original story ...)
Phishing email related to The Hongkong and Shanghai Banking Corporation Limited
Hong Kong (HKSAR) - The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on ... ( read original story ...)
ANZ replaces buyer in $1.3bn sale of Shanghai Rural Commercial Bank
Australia and New Zealand (ANZ) Banking Group has revised the $1.3bn sale agreement related to the Shanghai Rural Commercial Bank (SRCB). As part of a new sale agreement, Baoshan Iron & Steel (Bao) will purchase 10% stake in SRCB in place of Shanghai ... ( read original story ...)
Iron Ore Succumbs to Bear Market and May Extend Slump Into $50s
Last week, Australia’s central bank predicted weaker iron prices ... according to Ian Roper, head of Shanghai Metals Market’s international division. It makes for a “risky picture” for prices given ore supply is always seasonally stronger in ... ( read original story ...)
ANZ swaps buyer in $1.4 bln Shanghai bank sale; Baosteel in
SYDNEY/BEIJING, Sept 18 (Reuters) - Australia and New Zealand Banking Corporation said on Monday Baoshan Iron & Steel Co would buy part of its stake in Shanghai Rural Commercial Bank Co, rather than Shanghai Sino-Poland Enterprise Management Development ... ( read original story ...)
ANZ swaps buyer in $1.4 billion Shanghai bank sale; Baosteel in
SYDNEY/BEIJING (Reuters) - Australia and New Zealand Banking Corporation (ANZ.AX) said on Monday Baoshan Iron & Steel Co (600019.SS) would buy part of its stake in Shanghai Rural Commercial Bank Co [SHRCB.UL], rather than Shanghai Sino-Poland Enterprise ... ( read original story ...)