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Category: FINANCE

Posted on 08/02/2024

Stock market today: Asian shares are mostly higher as S&P 500 nears the 5,000 level for the 1st time

Share were mostly higher in Asia on Thursday after the S&P 500 neared the 5,000 level for the first time. Hong Kong’s benchmark fell while Shanghai advanced after China replaced its top stock market ... ( read original story ...)

Posted on 08/02/2024

China central bank set to stand pat on medium-term policy rate in Feb

China's central bank is expected to stand pat on a key policy rate when rolling over the maturing medium-term loans in just over a week from now, a Reuters survey showed, as the authorities appear to ... ( read original story ...)

Posted on 08/02/2024

Asia: Most markets track Wall Street record, Shanghai extends rally

MOST Asian stocks rose on Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country’s markets playing up against fading ... ( read original story ...)

Posted on 08/02/2024

China’s stockmarket nightmare is nowhere near over

R unning China’s securities watchdog is a perilous job. A market rout can end your career, or worse. On February 7th, after weeks of stockmarket instability, Yi Huiman, the head ... ( read original story ...)

Posted on 08/02/2024

Alibaba boosts share buy back as revenues miss estimates

China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world's second-largest. ( read original story ...)

Posted on 08/02/2024

China, Battling a Stock-Market Rout, Replaces Its Top Securities Regulator

China has removed its top securities regulator, following a yearslong stock-market decline that has become an increasingly sensitive subject for Beijing officials in recent days. Yi Huiman, chairman ... ( read original story ...)

Posted on 08/02/2024

China’s efforts to prop up its ailing stock market

(Reuters) -Chinese shares rose on Wednesday, adding to their largest single-day gains in two years a day earlier, as authorities ramped up efforts to restore confidence and stabilise the country's ... ( read original story ...)

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