Canara Bank will close its three foreign branches - Leicester (UK), Bahrain, and Shanghai - and sell its 50 per cent stake to State Bank of India (SBI) in Russia as part of rationalisation of overseas branch network. Rakesh Sharma, bank’s managing ... ( read original story ...)
China stocks mixed at close of trade; Shanghai Composite up 0.26%
Real Estate Investments & Services and Travel & Leisure sectors led shares lower. At the close in Shanghai, the Shanghai Composite rose 0.26%, while the SZSE Component index declined 0.29%. The CBOE China Etf Volatility, which measures the implied ... ( read original story ...)
British bank expects PH trade deficit to further rise
Hongkong and Shanghai Banking Corp. said it expects the trade deficit of the Philippines to widen further to $3.719 billion in February from $3.317 billion in January amid surging imports that continue to outpace exports. The British bank said in a report ... ( read original story ...)
Shanghai Stock Exchange Launches Entity Investor Education Base
The entity investor education base of the Shanghai Stock Exchange (SSE) was officially put into operation ... principle and increase investor’s sense of gain in the capital market in 2018. Funny interaction: new technology brings new experience to ... ( read original story ...)
Ideas Lab, Shanghai, China
The Ideas Lab in Shanghai, China, is yet another bold project by architect ... office staff and retail customers could connect with each other and develop and experience information technology of the future. The overall design theme is a fusion of the ... ( read original story ...)
Perennial unit wins contract for eldercare health facility in Shanghai
A unit of Perennial Real Estate Holdings has won a contract to operate an integrated eldercare centre in Shanghai. The 768-bed Fengxian Second Welfare Home will be the first and largest facility of its kind in Shanghai's densely populated Fengxian District ... ( read original story ...)
Shanghai’s ancient intangible cultural heritage cloth makes a comeback
Sanlin town in Pudong New Area was a prosperous community during the middle Ming Dynasty (1368-1644). Biaobu (literally "standard cloth," a kind of high-quality cotton fabric) produced in Sanlin was well-known across the country in those days. Produced ... ( read original story ...)