The People's Bank of China (PBOC) said it was keeping the rate on 1.45 trillion yuan ($203.97 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions ... ( read original story ...)
Financial innovation award highlights city successes
The winning projects also reflect the characteristics of Shanghai's financial innovation in serving technological innovation and the real economy, as well as improving the sense of gain of financial ... ( read original story ...)
With US$17 billion surge, Beijing Stock Exchange’s star rises in year of misery for Hong Kong, Shanghai, Shenzhen markets
The Beijing stock exchange is finishing the year with a bang, handing investors US$17 billion in a rally from record lows in late October. Can the 200-odd companies on the bourse keep outshining equities in Shanghai and Hong Kong in 2024? ( read original story ...)
Alibaba bets big on cross-border e-commerce with new service base in Shanghai and more capital for Lazada
Alibaba.com launches first 'digital trade service base' in Shanghai to provide a 'one-stop comprehensive service' for local merchants Alibaba is also expanding its presence in Southeast Asia, ... ( read original story ...)
Key archaeology findings awarded on Shanghai forum
The marvelous discoveries in recent years at the Sanxingdui site in Guanghan, Sichuan province, and other breakthrough discoveries around the world decoding the infancy of human civilizations were ... ( read original story ...)
Stock market today: Asian markets churn upward after the Dow ticks to another record high
On Thursday, the S & P 500 gained 0.3% to pull within 1.6% of its all-time high set early last year. It closed at 4,719.55. The Dow gained 0.4% to 37,248.35, and the Nasdaq climbed 0.2% to 14,761.56. ( read original story ...)
Quirky China: man in shop kills rat with bare hands, spicy grilled ice cubes, Shanghai sunflower performance artist splits opinion
In the latest quirky stories from China, a man killed a rat with his bare hands in seconds, grilled ice cubes became the latest street food trend, and a man dressed as a sunflower divided public ... ( read original story ...)