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Category: FINANCE

Posted on 03/02/2022

China Evergrande’s financial woes take a bite out of suppliers

Shanghai-listed Guangdong Tianan New Material warned after ... Others have been less direct in linking their problems to Evergrande. Previous financial disclosures, however, suggest they too have been ... ( read original story ...)

Posted on 03/02/2022

Sensex Tanks Over 600 Points, Nifty Trades Below 17,600; IT, Financial Stocks Top Drags

Asian shares were mostly weak as Japan's Nikkei index plunged 1.11 per cent and the Shanghai Composite index fell 0.97 per ... Sub-indices Nifty IT and Nifty Financial Services were seen ... ( read original story ...)

Posted on 02/02/2022

Stock Market Today: SGX Nifty trades higher, major Asian markets remain closed

SGX Nifty was up 0.5%, while Japanese Nikkei 225 was trading higher by 1.70% even as Chinese Shanghai Composite and Hang Seng Index at the Hong Kong witnessed no trading on Wednesday morning. In the ... ( read original story ...)

Posted on 02/02/2022

February 1st LME market: copper price rises, low inventory pushes nickel price up

LME Market: copper prices climb low inventories push nickel prices up] Copper prices on the London Metal Exchange (LME) rose on Tuesday after data showed that manufacturing activity in the euro zone, ... ( read original story ...)

Posted on 02/02/2022

China’s largest private bank faces wave of bad loans from property slump

Minsheng is one of the largest creditors of debt-ridden China Evergrande Group, and it has lent billions of yuan to other risky developers. ( read original story ...)

Posted on 29/01/2022

Salary cut, reversal of bonuses indicate China’s ‘worsening’ financial conditions

Witnessing severe belt-tightening by the government millions of Chinese civil servants are wary about around 25 per cent cut in their salaries while teachers a ... ( read original story ...)

Posted on 28/01/2022

STAR Market Daily: STAR 50 falls 0.91%, RMB 37.1 bln traded

Shanghai Stock Exchange STAR 50 closed at 1,229.22 on Friday. The STAR Market recorded a total trading volume of 0.9 bln shares with a turnover value of RMB 37.1 bln, down 11.7% from yesterday. ( read original story ...)

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