Although widespread headwinds roiled major global stock markets on Monday, China's A-share market ducked the downtrend on Tuesday with the benchmark Shanghai Composite Index and the Shenzhen Component ... ( read original story ...)
Shanghai lockdown sees quarter of US firms cut investment plans: poll
Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday. ( read original story ...)
China bank protest stopped by health codes turning red, depositors say
A protest planned by hundreds of bank depositors in central China seeking access to their frozen funds has been thwarted because the authorities have turned their health code apps red, several ... ( read original story ...)
Shanghai Tries New Tactics to Stamp Out Crypto Mining
Shanghai has stepped up a crackdown on crypto mining by instructing data center companies to weed out the power-hungry activity and make a pledge to abide by regulations, according to a notice issued ... ( read original story ...)
Shanghai stocks close at 3-month high despite hawkish Fed, COVID worries
Shanghai stocks closed at three-month highs on Tuesday after tumbling in morning trade, despite an overnight slump in U.S. stocks on fears of aggressive U.S. interest rate hikes, as analysts expect ... ( read original story ...)
Shanghai stocks end at 3-month high despite hawkish Fed, COVID-19 woes
Shanghai stocks closed at three-month highs ... Wall Street hit a confirmed bear market milestone amid a Goldman Sachs forecast of a 75-basis-point interest rate hike at the Federal Reserve's policy ... ( read original story ...)
Financial alarm bells ringing around the world
Volatility is rising as inflation runs rampant, central banks raise rates, and supply chains remain strained in a big week ahead for economic data. ( read original story ...)