The central bank launched a 9 billion yuan 7-day reverse repurchase operation today, with a winning bid rate of 1.9%, the same as before. As 104 billion yuan of reverse repurchases expired today, a ... ( read original story ...)
Shanghai records highest per capita disposable income in H1
East China's Shanghai. [Photo/Xinhua] During the first six months of this year, urban residents' per capita disposable income topped 20,000 yuan ($2,784.58) in eight of China's 31 provincial-level ... ( read original story ...)
Stock market today: Asian shares slip echoing Wall Street’s retreat from rally
TOKYO (AP) — Asian shares dipped Wednesday after Wall Street took a step back from its big rally as markets tried to digest a slew of earnings. ( read original story ...)
OCBC customers can use bank’s app to pay merchants in 47 markets including China
SINGAPORE - OCBC customers will be able to use the bank’s digital app from Friday to make retail ... Civil servant Chermaine Koh, 32, welcomed the news as she will be travelling to Shanghai and ... ( read original story ...)
‘Independence’ for the Bank of England is turning into a national catastrophe
In the bank’s defence it was only going back to its roots. Its initials (standing for Hong Kong-Shanghai Banking Corporation) reflect its origins in the globe-spanning British imperialism of the 1860s ... ( read original story ...)
Small, Unprofitable Firms’ IPO Review on Chinese Mainland Market Is Getting Tighter, Insiders Say
The IPO review process of the Shenzhen Stock Exchange's ChiNext board and Shanghai Stock Exchange's Star Market board began to slow down in late May, early June, said Tan Gefei, chief consulting ... ( read original story ...)
Stock market today: Asia shares gain after Wall St rally as investors pin hopes on China stimulus
Sentiment also has been boosted by revived hopes for more stimulus from Beijing for the sluggish Chinese economy. Chinese factory activity contracted in July as export orders shrank, a survey showed, ... ( read original story ...)