The Shanghai Index and the Hang Seng drifted upwards on Thursday as investors ignored the weak economic data from China. Hong Kong’s Hang Seng index jumped by 2.60% while the Shanghai rose by 0.86%. ( read original story ...)
Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year
Asian shares have opened higher, boosted by Wall Street’s return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more ... ( read original story ...)
Shanghai legislation chief Dong Yunhu purged in China corruption investigation
Head of Shanghai’s legislative body is the most senior official to be disgraced since the party’s major reshuffle in October. ( read original story ...)
Canada Confronts Allegations of China-Led Electoral Interference
The claims have roiled Prime Minister Justin Trudeau’s government, prompting calls for tighter monitoring of foreign-interference threats and a probe of the alleged activities. ( read original story ...)
Shanghai’s Double Five Shopping Festival Boosts Daily Offline Consumption by 16.2%
Shanghai’s Double Five Shopping Festival, introduced in 2020 to help reignite consumption in the aftermath of Covid-19, boosted the Chinese city’s offline consumption by an average of 16.2 percent per ... ( read original story ...)
Stock market today: Asian shares follow Wall Street higher; Activision Blizzard jumps
BEIJING -- Asian stock market s followed Wall Street higher Tuesday ahead of an update on U.S. consumer prices that traders hope will show inflation is easing, reducing the need for more interest rate ... ( read original story ...)
Exclusive: Shanghai Futures Exchange targets commodity storage outside China – sources
The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing network outside China, and is examining systems and regulations in the sector overseas, three sources with direct ... ( read original story ...)