SHANGHAI, July 27 (Reuters) - Moody's Investors Service changed its outlook for China's banking system to stable from negative on Thursday, the first revision in two years. As non-performing loans (NPLs) rose at China's lenders amid slowing growth and a ... ( read original story ...)
Bank of Shanghai : Greenland Broad’s controlling holder pledges 90.85m shares
way of first mortgage all the right, title and interest in and to 90.85 million shares, representing about 2.72% of the total issued share capital, in favour of Bank of Shanghai Co., Ltd. Changning Branch as the security for a one-year loan facility of HK$ ... ( read original story ...)
Hang Seng tops 27,000, its highest level in 25 months
The banking giant is scheduled to release interim results next ... Offshore oil producer Cnooc climbed 2.9 per cent at HK$8.82. In the mainland, the Shanghai Composite Index also opened higher and edged up 0.2 per cent to 3,250.86 in early trade. ( read original story ...)
World shares mostly higher as markets await Fed’s decision
HONG KONG – World stock markets were mostly higher Wednesday ... The Fed has already raised rates three times since December and market watchers don't expect another hike until later this year or in 2018. ANALYST VIEW: "Today's FOMC meeting is likely ... ( read original story ...)
Global Stocks Jump, Futures Rise, Crude Booms As Yellen Looms
Stocks gained in Sydney and Tokyo, fall in Shanghai and Seoul. Japan’s Topix index rose ... A broad rally in commodities from oil to copper boosted European stock momentum with the Stoxx 600 index jumping 0.6%, its biggest gain in a week, as positive ... ( read original story ...)
REFILE-China says to steadily expand opening of capital markets
(Corrects to fix typographical error in regulator's name in 2nd paragraph) BEIJING/SHANGHAI, July 26 (Reuters ... improve the mechanism for delisting shares from stock markets and steadily expand the opening of China's capital markets. ( read original story ...)
China stocks fall on regulatory fears, Hong Kong flirts with 27,000
China c.bank says will strictly regulate financial market trading * China to turn all centrally owned giants into joint-stock firms by 2017 SHANGHAI, July 26 (Reuters) - Lingering fears of further regulatory tightening sent Chinese shares lower for a ... ( read original story ...)