Russia’s largest private lender, sanctioned by both the US and the European Union, is planning to open new offices in China after it expanded client support services for Chinese businesses. ( read original story ...)
China’s anti-corruption unit detains provincial market regulator as stock gauge slumps
The chief of a CSRC branch in Jiangsu province is under anti-corruption investigation, the Central Commission for Discipline Inspection confirms. ( read original story ...)
China lender ICBC topples Moutai as Shanghai market cap leader
SHANGHAI -- Major Chinese state-owned lender Industrial and Commercial Bank of China (ICBC) overtook liquor maker Kweichow Moutai for the highest market capitalization on the mainland stock market for ... ( read original story ...)
China talks up support for IPOs. Investors are watching the speed of approval
Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial public offerings. ( read original story ...)
China’s pricey Moutai liquor leads Shanghai stock market retreat
SHANGHAI -- Chinese stocks are teetering on the brink of a psychologically important level as they give up gains amid concerns about the outlook for consumer spending. The Shanghai Composite Index lost 0.4% to end Thursday at 3,005. It has not closed below ... ( read original story ...)
Stock market today: Asian stocks are mixed after US markets were closed for Juneteenth
European markets opened higher on Thursday after a mixed day of thin trading in Asia after U.S. markets were closed in observance of Juneteenth.In London, the FTSE 100 gained 0.2% to 8,218.75, as ... ( read original story ...)
Stock market today: Asian stocks mostly lower after US markets were closed for Juneteenth
Asian stocks mostly fell Thursday in thin trading after U.S. markets were closed Wednesday in observance of Juneteenth. U.S. futures and oil prices were mixed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38, ( read original story ...)