Category: FINANCE

The Beijing stock exchange is finishing the year with a bang, handing investors US$17 billion in a rally from record lows in late October. Can the 200-odd companies on the bourse keep outshining equities in Shanghai and Hong Kong in 2024? ( read original story ...)

On Thursday, the S & P 500 gained 0.3% to pull within 1.6% of its all-time high set early last year. It closed at 4,719.55. The Dow gained 0.4% to 37,248.35, and the Nasdaq climbed 0.2% to 14,761.56. ( read original story ...)

Next year is the 30th anniversary of Bank of New York Mellon's entrance into the Chinese mainland market, as well as the US lender's 240th anniversary, Chen Fangfang, chairwoman of BNY Mellon Asia ... ( read original story ...)

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Friday, matching market expectations. Despite the steady ... ( read original story ...)

Meanwhile, in Asia, ASX 200, Nikkei, Kospi, and Hang Seng were up in the range of 0.9 per cent to 1.27 per cent. Shanghai Composite was flat as investors await key economic data out of China, including November house prices, industrial output, and retail sales data. ( read original story ...)

The Federal Reserve is expected to leave interest rates unchanged Wednesday for the third time, signaling its aggressive string of hikes may be over. ( read original story ...)

After the market close, both Beijing and Shanghai reduced their down payment ratios for first ... The Hong Kong Tracker ETF saw its largest net outflow via Southbound Stock Connect since September 11th as Mainland investors sold a net HKD 6.7 billion ... ( read original story ...)