China has merged two of its giant state-owned shipbuilding firms to create an RMB 700 billion ($97.4b) company. China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation ... ( read original story ...)
Bear market looms in China, but it shouldn’t affect U.S.
The Shanghai stock market doubled from its bear market low on Nov. 4 to its 2009 peak. A pullback was to be expected, says Donald Straszheim, managing principal of investment firm Straszheim ... ( read original story ...)
Asia stocks tentative ahead of China tariff deadline; Australia hits record high
Investing.com-- Most Asian stock markets were subdued on Monday as investors cautiously awaited updates on the U.S.-China tariff truce set to expire this week, while Australian shares rose to a record ... ( read original story ...)
Foreign Banks in China Speed Up Shift Toward Premium Retail Services
Standard Chartered Bank China has established priority private wealth management centers in Shanghai, Beijing, and Hangzhou since 2023, focusing on providing asset growth, diversified investment, and ... ( read original story ...)
Rocketing to riches: China’s cash-hungry aerospace firms aim for IPOs
Just a day before, Jiangsu Yixin Aerospace Technology, a microsatellite communication systems maker, signed with Minsheng Securities, according to filings published on the CSRC website. The ... ( read original story ...)
China tells brokers to halt endorsements of stablecoin, sources say
Chinese regulators have asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, two sources ... ( read original story ...)
Wall Street drifts as stock markets worldwide take Trump’s new tariffs in stride
Worries are high that Trump’s tariffs are damaging the economy, particularly after last week’s worse-than-expected report on the job market. ( read original story ...)