Category: FINANCE

Economists at Shanghai, China based investment house, Ashton Whiteley say that according to data released by IHS Markit, their monthly determination of financial well-being dropped to a seven-month low of 42.2 from 42.9 last month. The IHS Markit survey to ... ( read original story ...)

Shanghai and Shenzhen stock exchanges are among the top bourses in the world boasting $3.5 trillion and $2.2 trillion market capital, respectively. The market capital of the DSE is over $51.42 billion. Another consortium of India's National Stock Exchange ... ( read original story ...)

HSBC is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. The inspiration behind the founding of the bank was Thomas ... ( read original story ...)

Profit before tax up 13% to HK$115,619m (HK$102,707m in 2016) Attributable profit up 13% to HK$88,530m (HK$78,646m in 2016) Return on average ordinary shareholders' equity of 13.7% (13.0% in 2016) Total assets up 5% to HK$7,943bn (HK$7,549bn at 31 December ... ( read original story ...)

The Dhaka Stock Exchange plans to sell 25% of its shares. On one side is a consortium of the Shenzhen and Shanghai stock exchanges. Ranged against them is a consortium made up of India's National Stock Exchange, Nasdaq of the U.S. and others. The exchange ... ( read original story ...)

But that is where similarities end. The fall in the Shanghai market is not the same as the fall in the Dow, although the increasing exposure to, and integration into the global financial system has exacerbated the fall. The Lunar New Year is a hardy ... ( read original story ...)

FRANKFURT/SHANGHAI (Reuters) – Chinese conglomerate HNA Group has sold part of its stake in Deutsche Bank worth around 300 million euros (£265 million) as it offloads investments to address a liquidity crunch. The reduction from roughly 10 percent to ... ( read original story ...)