Asian shares have begun the week mostly higher after a widespread rally on Wall Street partly spurred by Apple's report of better profit than expected ... ( read original story ...)
China, Hong Kong stocks rise, banks lift Shanghai index to 10-month high
China and Hong Kong stocks rose on Monday, as banks and energy shares climbed on hopes that a rebound in the country's services consumption would benefit those sectors. ( read original story ...)
Fate of Silicon Valley Bank’s Chinese venture hangs in balance
Under China’s commercial banking rules, the collapse of SVB, the parent company, means it can longer remain a shareholder in the joint venture. However, given the fanfare with which the joint venture ... ( read original story ...)
Freezing of Russian Cen bank assets a turning point for dollar’s dominance
"Every night I ask myself why all countries have to base their trade on the dollar," Brazil's President Lula da Silva said in a April 13 speech at the New Development Bank in Shanghai. His hosts in ... ( read original story ...)
Mega Startup IPO Faces Serious Trouble
Some in Congress are calling for the SEC to block this company from going public unless it takes a big action. ( read original story ...)
HSBC Shareholders Overwhelmingly Reject Proposal to Restructure the Bank
HSBC's management just scored a big victory in a yearlong showdown with one of its top shareholders over the future of the bank. On Friday, the the banking giant's shareholders overwhelmingly rejected ... ( read original story ...)
Stock market today: Global markets up ahead of US jobs data
Global stock markets were mostly higher Friday ahead of a U.S. jobs update amid worries about the health of banks under pressure from interest rate hikes. London, Frankfurt, Hong Kong and Wall Street ... ( read original story ...)