Global Stock Markets Continue Advance — 2nd Update

Chinese large caps were a major weak spot, with the Shanghai Composite Index and ... higher," said Ric Spooner, chief market analyst at CMC Markets. "This has given license to investors to push stock indexes higher in response to good" earnings seasons. ( read original story ...)

Global Stock Markets Fade as Wild Month Ends

Take the Shanghai Composite ... required to push yields significantly higher," said Ric Spooner, chief market analyst at CMC Markets. "This has given license to investors to push stock indexes higher in response to good" earnings seasons. ( read original story ...)

Fosun furthers efforts to tap fashion market

Shanghai-based outbound conglomerate Fosun International Ltd ... Although the exact investment amount and stock proportion have not been disclosed, global law firm DLA Piper estimated in a note that the total acquisition will be around 120 million euros ... ( read original story ...)

Anbang’s Rescue Is China’s Too-Big-to-Fail Moment

SHANGHAI—A Chinese government takeover of Anbang Insurance Group Co. throws a lifeline to its policyholders—support denied frustrated clients of some lesser-known financial firms when those companies hit turbulence before ultimately collapsing. ( read original story ...)

Shanghai-based foreign banks report record low bad loan rate

SHANGHAI, Feb. 25 (Xinhua) -- Foreign-funded banks based in Shanghai last year recorded the lowest bad loan rate in five years, according to the local banking regulator. By the end of last year, the bad loan rate of these banks was 0.34 percent ... ( read original story ...)

Dubai financial services growth second only to Shanghai

Research by Knight Frank demonstrates that the domestic financial and business services sector in Dubai grew 55.6% in the last decade with only Shanghai (114.3%) outperforming the city. Over this time period Dubai has also seen itself become a recognised ... ( read original story ...)