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Category: FINANCE

Posted on 11/08/2023

Chinese bourses improve trading mechanism to revive stock market

Shanghai and Shenzhen stock exchanges said late Thursday they would study measures to lower investors' trading costs and improve liquidity to further stimulate the market. ( read original story ...)

Posted on 10/08/2023

Stock market today: Asian shares are mixed as markets brace for the US inflation report

Asian benchmarks are trading mixed after shares declined on Wall Street and investors braced for a highly anticipated report on U.S. inflation ... ( read original story ...)

Posted on 10/08/2023

‘BRICS bank’ looks to local currencies as Russia sanctions bite

Hobbled by the impact of sanctions against founding shareholder Russia, the New Development Bank (NDB) set up by the BRICS countries needs to increase its local currency fundraising and lending, South ... ( read original story ...)

Posted on 10/08/2023

Multiple Chinese pharmaceutical firms withdraw IPO applications amid enhanced anti-corruption efforts

Multiple Chinese pharmaceutical companies have recently withdrawn their applications for a listing on the A-share market amid the nation's strengthened efforts to tackle corruption in the medical ... ( read original story ...)

Posted on 10/08/2023

China’s Property Market Just Keeps Sinking

China's massive real-estate market is back in trouble after a first-quarter flicker that the sector might be stabilizing. ( read original story ...)

Posted on 09/08/2023

Stock market today: Global shares mostly rise despite US bank, China worries

Global shares are mostly trading higher despite worries about the U.S. banking system and concerns closer to home about Chinese economic growth ... ( read original story ...)

Posted on 09/08/2023

China’s yuan bounces from 3-week low on firmer fix, state bank buying

China's yuan bounced from a three-week low against the dollar on Wednesday, as a firmer-than-expected official midpoint rate offset weakness from disappointing inflation data, while state banks also ... ( read original story ...)

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