The Pennsylvania-based money manager has reportedly informed Chinese authorities of its plans to shutter its Shanghai unit. ( read original story ...)
Asia-Pacific markets rise after Wall Street saw gains on optimism led by regional banks
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets rose on Tuesday after Wall Street staged a relief rally overnight on hopes the banking crisis may be easing, following the ... ( read original story ...)
Shanghai’s foreign trade hits record high in Jan.-Feb.
Shanghai's foreign trade hit a record high of 681.56 billion yuan (about 99.12 billion U.S. dollars) in the first two months of this year, with a slight year-on-year increase of 0.7 percent, data from ... ( read original story ...)
Vanguard to exit China funds JV with Ant, close Shanghai office – sources
U.S. fund giant Vanguard Group is shutting its main Shanghai office and exiting from a joint venture with Ant Group, five sources with knowledge of the matter said, moves that will end its six-year ... ( read original story ...)
Shanghai Composite Index Rose 0.64% on Tuesday
China’s benchmark Shanghai Composite Index gained 0.64% on Tuesday, while the Shenzhen Component Index rose 1.6%. Shanghai’s tech-heavy STAR 50 Index gained 0.47% for the day, ... ( read original story ...)
Asia Pacific stocks rise as investor worries about global banking turmoil ease
Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whirlwind of intervention by policymakers and industry players. ( read original story ...)
China, HK stocks rise as easing banking contagion fears lift sentiment
China stocks rose and Hong Kong shares stabilized on Tuesday as fears of global banking contagion eased after investors digested the state-backed rescue deal of Swiss lender Credit Suisse over the ... ( read original story ...)