Hong Kong's Hang Seng jumped 1.4% to 16,703.76, while the Shanghai Composite added 0.2% to 3,031.90. In energy trading, benchmark U.S. crude fell 4 cents to $81.91 a barrel. Wall Street edged back ... ( read original story ...)
BRICS development bank aims to make $5 bln in loans in 2024
The New Development Bank (NDB), set up by the BRICS group of emerging economies, aims to make about $5 billion in loans this year, its vice president, Zhou Qiangwu, said on Tuesday. “During the ... ( read original story ...)
Chinese cities to close local financial asset exchanges to defuse risks
Four Chinese provinces and cities are shutting down their financial asset exchanges as part of efforts to crack down on illegal fundraising and rising risks in local government finances. Local ... ( read original story ...)
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected. ( read original story ...)
Stock Market News Today, 03/25/24 – Futures Enter March’s Last Trading Week Lower
U.S. futures trended lower on Monday morning as investors turned their attention to the final trading week of March. Futures on the Nasdaq 100 ... ( read original story ...)
Hong Kong stocks edge up as China Merchants Bank and China Resources Land rally on better-than-expected earnings
Hong Kong stocks edged up to snap a two-day decline as better-than-estimated results from China Merchants Bank and China Resource Land allayed concerns about the strength of corporate earnings. ( read original story ...)
Stock market today: Global shares are mostly lower as investors pin hopes on rate cuts
Global shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. France's CAC 40 was virtually unchanged in early trading at ... ( read original story ...)