Three large LED video walls in the lobby of the corporate headquarters of an American carmaker in Shanghai powered by Christie Pandoras Box Software ... ( read original story ...)
Stock market today: Asian shares gain after the Federal Reserve raises interest rates
The Shanghai Composite index was up 0.8% at 3,237,13 ... and revenue topped expectations. Boeing's stock rose 8.7%. In the bond market, the highlight was the Fed's move to raise its federal funds rate to a range of 5.25% to 5.50% in hopes of wrestling ... ( read original story ...)
Shanghai Food & Drink Gossip: July 2023
Shanghai’s once top-rated bar (No. 5 bar on the 2021 Asia’s 50 Best Bar list), Sober Company shocked the city when they closed unexpectedly in June of 2022. ( read original story ...)
Asian Stock Market: Nikkei, Shanghai ignore BoJ concerns amid upbeat China data, policy pivot talks
Market sentiment in the Asia-Pacific region remains firmer, despite mixed closing of the Wall Street benchmarks, amid concerns supporting a sooner end to the rate hike spell at the major central banks. Adding strength to the optimism could be China’s upbeat industrial profits. ( read original story ...)
Even a Russian-cofounded bank can’t fund new projects in the country — and it shows just how financially isolated the country is
Any speculation concerning the discussion of new operations of the NDB in Russia is "unfounded," the bank said in a Wednesday statement. ( read original story ...)
Chinese bank launches CBDC-powered settlement service for bulk commodity spot clearing
In a significant move towards embracing the digital yuan, Industrial Bank, a Fuzhou-based joint-stock commercial bank, has introduced the country’s inaugural central bank digital currency ... ( read original story ...)
Alibaba-backed property brokerage E-House’s debt revamp plan approved by 75 per cent of bondholders
Creditors of E-House (China) have approved a debt restructuring plan, paving the way for the property brokerage and consultancy to finalise a solution on two bond defaults totalling US$600 million. ( read original story ...)