OSLO, March 14 Sweden's utility Vattenfall will use batteries supplied by BMW Group to build electricity storage at several wind power parks to provide backup when winds calm down, the company said on Tuesday. ( read original story ...)
Indian stock market beats Pakistan, China, leads global equity markets; what’s next?
NEW DELHI: If you aren’t happy with the returns that domestic equities generated so far in calendar 2017, chances are no stock market in this world can make ... return stands at 21.6 per cent. China’s Shanghai Composite is up 5 per cent this year ... ( read original story ...)
Shanghai's banking industry maintains good momentum
The total assets of Shanghai's banking industry amounted to 14.4 trillion yuan ($2.1 trillion) by the end of 2016, a year-on-year increase of 11.3 percent, according to data released by the Shanghai Banking Association on March 9. The increase was greatly ... ( read original story ...)
China-Tech IPOs Eyed as Potential Money-Earner for Global Banks
Alibaba's Ant Financial IPO is highly expected this year as it could raise about $25 billion but the biggest listing could be Lufax - Shanghai Lujiazui International Financial Asset Exchange Co -which could raise about $5 billion in Hong Kong in the second ... ( read original story ...)
Manulife gets green light to cater to investors in China
Canada-based Manulife said on Wednesday that the creation of the Shanghai-based unit paves the way for the financial group to provide its global public and private products in the fast-growing asset management industry in China. “This underlines Manulife ... ( read original story ...)
Manulife granted license to launch products from new Shanghai unit
Canada-based Manulife said on Wednesday that the creation of the Shanghai-based unit paves the way for the financial group to provide its global public and private products in the fast-growing asset management industry in China. "This underlines Manulife's ... ( read original story ...)
BRIEF-Huida Sanitary Ware issues prospectus for Shanghai IPO
LONDON, March 13 Asda, the British supermarket owned by Wal-Mart, is offering staff in its stores a 14 percent rise in hourly pay, if they sign a contract requiring more flexible working. ( read original story ...)