The financial sector is under pressure from the Chinese Communist Party to give up its profits and put itself at the service of 'common prosperity.' ... ( read original story ...)
Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
Asian shares have tracked Wall Street’s decline in response to potentially discouraging data on the U.S. economy. ( read original story ...)
The dramatic transformation of paddy fields into the ‘Wall Street of China’
Once muddy paddy fields and farmland, the Lujiazui area on the eastern banks of the Huangpu River was so dramatically transformed in just two short decades that it came to be called the “Wall Street ... ( read original story ...)
Stock Market Today: Dow futures inch up after sixth-straight losing session
‘Magnificent Seven’ hits another milestone. Here’s why it could continue to dominate the market in 2025. Traders aren’t taking Trump’s tariff threats seriously. This Wall Street bank says they should. ( read original story ...)
CORRECTING and REPLACING: Bank of Shanghai International (BOSCI) Chooses Linedata’s Global Hedge Solution to Improve Reporting Capabilities
Please replace the release issued November 13, 2024, at 8:54 a.m. ET with the following corrected version due to "Bank of Shanghai" being replaced by "Bank of ... ( read original story ...)
Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say
The Shanghai-based company, which is influential among young Chinese women with its user-generated lifestyle content, has selected underwriters, including China International Capital Corporation, for ... ( read original story ...)
Abu Dhabi Global Market plans China roadshow to boost financial ties
Planned trip in February will stop in Beijing, Shanghai, Shenzhen and Hong Kong amid 'overwhelming interest' in the UAE financial centre Abu Dhabi's financial centre, the Abu Dhabi Global Market (ADGM ... ( read original story ...)