Having been responsible for a plethora of ANZ’s Asian markets in an illustrious career with Australia’s fourth-largest bank, ANZ Royal CEO Leonie Lethbridge arrived in Cambodia early last year after serving as COO in Shanghai and, before that ... ( read original story ...)
Pound Eyes Bank Of England Dissenters via OANDA
Ahead of the Bank of England (BoE) monetary policy announcement (07:00 ... The blue-chip CSI300 index fell -0.9%, while the Shanghai Composite Index lost -0.4%. Note: China July Caixin PMI Services was 51.5 vs. 51.6 prior. In Europe, most bourses have ... ( read original story ...)
Asia Stocks Look Past Russia Probe to U.S. Jobs: Markets Wrap
The Reserve Bank of Australia lowered its forecast for economic growth ... Hong Kong’s Hang Seng Index was little changed, while the Shanghai Composite Index swung between gains and losses. Contracts on the Euro Stoxx 50 fell 0.2 percent as of 7:30 ... ( read original story ...)
Asian Stocks Mixed Ahead Of US Jobs Report
China's Shanghai Composite index fell 10.85 points or 0.33 percent ... ahead of an expected announcement of a joint venture with Toyota Motor. Weakness in the banking sector pulled Australian shares lower after Commonwealth Bank was accused of money ... ( read original story ...)
Qinhuangdao Port to commence IPO on Shanghai Stock Exchange
Qinhuangdao Port planned an IPO on Shanghai Stock Exchange back in 2013, but later gave up the plan and moved the IPO to Hong Kong Stock Exchange. Qinhuangdao Port is a major coal transshipment port in China and one of the largest dry bulk shipping port in ... ( read original story ...)
Shanghai stocks retreat on soft services sector report, liquidity concerns
SHANGHAI: China’s major stock indexes fell on Thursday, after a private survey showed the country’s services sector cooled in July and a net drain of funds by the central bank renewed concerns about liquidity conditions. The blue-chip CSI300 index fell ... ( read original story ...)
New Development Bank’s first project in China
Solar panels sit on a rooftop at the Shanghai Lingang industrial zone. The company that made them, Hongbo New Energy (HNE), had received a 525-million-yuan long-term loan at the end of last year from the New Development Bank (NDB), a financial institution ... ( read original story ...)