Category: FINANCE

Mao Juncai, the former Communist Party chief and president of the Shanghai branch of China Development Bank, the nation’s biggest policy lender, was placed under investigation by graft busters. Mao is ... ( read original story ...)

Wall Street's benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail activity weakening. That added to hopes the Fed might decide upward pressure on prices is easing ... ( read original story ...)

The seeds-to-pesticides group is planning a $9 bln stock market float in Shanghai this year. In this Viewsroom podcast, Breakingviews columnists explain how investors need to get comfortable with its ... ( read original story ...)

Hozon New Energy, which manufactures affordable electric vehicles, has plans for a US$1 billion IPO in Hong Kong at a time when the sector is witnessing a brutal price war and intense competition ... ( read original story ...)

Sichuan Languang Development was recognised as one of the 10 best Chinese developers on the A-share market in terms of investment value. Next Tuesday, the Sichuan developer will be delisted in ... ( read original story ...)

Asian benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis. The S&P 500 fell 25.69, or 0.6 ... ( read original story ...)

While the full terms of the deal weren’t made immediately public, Massa’s visit to China is part of an economic and political strategy that depends on strengthening Argentina’s financial position ... ( read original story ...)