Yet 2025 will pose its own challenges to Xi’s embattled Communist Party. Not least of which is a historical bookend as the 10-year mark of Xi’s “Made in China 2025” extravaganza approaches. It’s one ... ( read original story ...)
Stock market today: Wall Street cruises toward the close of its best week in a year
Asian shares are mixed after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy ... ( read original story ...)
Stock market today: World shares are mostly lower after US Fed cuts interest rates
Trading on Wall Street was somewhat subdued early Friday as markets coasted toward another week of big gains.Futures for the S&P 500 were essentially unchanged, while futures for the Dow Jones ... ( read original story ...)
Stock market today: Asian shares mixed after US Fed cuts interest rates
Asian shares are mixed after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy ... ( read original story ...)
VIEW China raises local government debt ceilings to revive economy
China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or "hidden" debt over three years, as ... ( read original story ...)
Chinese Stocks Close Lower Ahead of Expected Stimulus From NPC Meeting
Chinese shares closed lower ahead of announcement of stimulus expected later today following the NPC meeting. The benchmark Shanghai Composite Index fell 0.5% to 3452.30, the Shenzhen Composite Index ... ( read original story ...)
Expats laud Bank of China’s payment services
The Bank of China has rolled out a package of services to make it easier for expats living in Shanghai to make payments. Let's hear what some expats have to say about the bank's payment services. ( read original story ...)