The China stock market has finished lower in two straight sessions, sinking almost 100 points or 3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,165-point plateau ... ( read original story ...)
Exclusive: BRICS-led bank plans US dollar bond to downplay Russia ties
A downgrade by the Fitch Ratings agency over "the Russian nexus" has prompted the development bank to plan a U.S. dollar bond issuance to demonstrate its access to markets and convince investors that ... ( read original story ...)
Shanghai Needs Financial Innovation to Reach Low-Carbon Goals
As a financial center, Shanghai has a complete financial infrastructure and a full range of financial institutions that can support pilots to fund attempts to stop climate change, Zhao Xiaoju, ... ( read original story ...)
Asian Stock Market Today: How ASX, Nikkei 225, Shanghai Composite, Hang Seng and Nifty 50 fared
The Bank of England is to announce the rate hike decision on Thursday and the US Fed rate hike news will arrive on August 10. ( read original story ...)
Chinese Subsidiary of British Investment Bank Now Includes Communist Party Committee
Employees of the British banking giant HSBC have installed a Chinese Community Party committee in a subsidiary, raising concerns about Beijing's possible influence in foreign financial institutions ... ( read original story ...)
Chinese chip IPO is bet on double self-sufficiency
A Chinese chipmaker is becoming Beijing's poster child for technological self-sufficiency. Hygon Information Technology is readying a $1.6 billion float – the largest so far on Shanghai's STAR market ... ( read original story ...)
Inventisbio nets ¥2.084B in Shanghai IPO; shares plunge 15.6% on debut
Inventisbio Co. Ltd. has raised ¥2.084 billion (US$296 million) in an IPO on Shanghai’s STAR Market priced at ¥18.12 per share, though its stock saw a disappointing debut, opening at ¥14 per share on ... ( read original story ...)