Category: FINANCE

The New Development Bank is having difficulty accessing dollars, and has largely stopped lending, the Wall Street Journal reported. ( read original story ...)

The actual controller of Shanghai DZH, which supplies internet financial information services, sold CNY179 million (USD25.1 million) of its shares to fund the firm’s compensation to investors over ... ( read original story ...)

The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the ( read original story ...)

Shanghai also plans to foster around 15 new manufacturing enterprises with an annual production value of 10 billion yuan. Furthermore, the plan aims to facilitate initial public offerings (IPOs) for ... ( read original story ...)

Asian stock markets are mixed after a cooler reading on U.S. inflation fueled hopes the Federal Reserve will postpone a possible interest rate hike ( read original story ...)

DGene, a startup based in Zhangjiang, is showcasing a number of AI-powered inventions at its headquarters in the Pudong New Area, Shanghai. They include parking lot navigation services, digital ... ( read original story ...)

Asian shares are mostly higher after the U.S. Federal Reserve held interest rates steady. Benchmarks rose in Tokyo, Sydney, Hong Kong and Shanghai in morning trading, but fell in Seoul. Investors ... ( read original story ...)