SHANGHAI, May 18 (Reuters) - China's primary money rates eased on Friday after a rise in the middle of the week as liquidity tightness, caused by monthly corporate tax payment, eased following central bank-led cash injection, traders said. The volume ... ( read original story ...)
Shanghai’s robot bank: China opens world’s first human-free branch
A police patrol robot at Zhengzhou East railway station.Xiao Long, the latest employee at the Jiujiang Road branch of the China Construction Bank is never late for work. “Welcome to China Construction Bank,” she chirps to customers arriving at the ... ( read original story ...)
LSE Reveals London-Shanghai Stock Link Details
... receipts in the U.K. and enable London-traded firms to list similar securities in Shanghai, according to an LSE presentation seen by Bloomberg News. Starting later this year, the securities issued by Chinese companies will appear on what LSE calls the ... ( read original story ...)
In Shanghai, Australian minister sees limits to tackling irritants in ties
SHANGHAI/SYDNEY (Reuters) - Australia’s trade minister said on Friday there was “limited scope” to resolve irritants in ties with major trading partner China, including customs delays for an Australian wine maker, during his visit to Shanghai this ... ( read original story ...)
SHANGHAI | Rise of Chinese middle class fuels interest in craft beers
SHANGHAI — Hundreds of craft beer enthusiasts, investors and brewers are attending an exhibition in Shanghai dedicated to expanding the palette of Chinese consumers and promoting sales of high-end brews. Local brewers from across China and the world are ... ( read original story ...)
Shanghai To Host First LPGA Event In Five-Year Deal With Buick
SAIC-GM Buick Brand, WME | IMG China and the LPGA announced at a special press conference today that the prestigious LPGA Tour will be in Shanghai October 18-21, 2018 for an all new women’s golf event, the Buick LPGA Shanghai, at Qizhong Garden Golf Club. ( read original story ...)
Shanghai stock exchange cracks down on share-backed loans by controlling stakeholders – media
The practice has prompted regulatory concern that a sharp fall in share prices could lead to a sudden change in the controlling shareholders of firms, which could consequently destabilize the market. The newspaper said the Shanghai Stock Exchange (SSE ... ( read original story ...)