Some residents of the capital are stocking up on food, fearing the weeks-long draconian lockdown in Shanghai could be extended to their city. ( read original story ...)
Shanghai installs metal barriers to seal off streets, residential buildings to contain COVID outbreak
Metal barriers have been installed around Shanghai blocking streets and entrances to residential buildings as a way to address a COVID-19 outbreak. ( read original story ...)
China-Led Risk-Off Move, Twitter Meets Musk, Macron Wins – What’s Moving Markets
Risk assets around the world tumbled as Covid-19 reached the Chinese capital of Beijing, hitting all local markets hard and adding to fears of stagflation further afield. Palm oil rose 7% as the world ... ( read original story ...)
Shanghai lockdown: Apartment buildings fenced off as China’s zero-Covid strategy continues
China's zero-Covid strategy has forced millions into lockdown conditions and as Beijing case numbers climb shoppers have been snapping up food on the shelves. | ITV National News ... ( read original story ...)
Shanghai retailers rack up essential goods supply to meet residents’ rising needs
Supermarkets and logistics firms are beefing up efforts to boost supply of daily essential goods for residents in Shanghai, where a broad manufacturing resumption campaign has started while trying to ... ( read original story ...)
Stock Market Today – 4/25: Stocks Slide On China Covid Concerns, Fed Rate Hike Bets
The S&P 500, which lost 5% in a peak-to-trough slump at the end of last week, is set for further declines Monday amid a broad retreat from global risk markets. ( read original story ...)
Chinese regulators urge more prudent IPO pricing after market debut flops
Chinese regulators have urged underwriters to price initial public offerings more reasonably after a third of more than 100 new listings so far this year fell on their trading debut. ( read original story ...)