After the Shanghai Stock Index rallied to a 13-month high in May, China’s post-Covid recovery faltered, and its property debt crisis worsened, which weighed on economic growth and undercut stock ... ( read original story ...)
Stock market today: Global shares mixed ahead of a speech by the Federal Reserve chair
Global shares were trading mixed Friday, as investors digested a blowout profit report from Nvidia and mixed reports on the United States economy. Japan's benchmark Nikkei 225 dropped 2.1% to finish ... ( read original story ...)
The Investing Club’s top things to watch in the stock market Friday
Stocks edge up in premarket trading after coming under pressure Thursday, ahead of a key speech from Fed Chair Jerome Powell. ( read original story ...)
China’s Bank of Communications H1 profit rises 4.5%
China's Bank of Communications Co Ltd (BoCom) on Friday reported a 4.5 per cent rise in first-half net profit. China's sixth-largest commercial bank by assets reported a net profit of 46.04 billion ... ( read original story ...)
Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speech
Asian shares are mostly falling, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the U.S. economy ... ( read original story ...)
Stock market today: Asian shares mostly rise after Wall Street rally
TOKYO (AP) — Asian shares mostly rose Thursday after Wall Street rallied to its best day since June after pressures from the bond market relaxed a bit. ( read original story ...)
China central bank boosts offshore bill sales to stabilise yuan, says ex-official
Increased yuan bill sales by China's central bank in Hong Kong this week helped tighten liquidity in the offshore market to help stabilise the yuan by making it expensive for speculators to short the ... ( read original story ...)