The New Development Bank, the Shanghai-based lender better known as the “Brics bank”, is in talks with Saudi Arabia on admitting the country as its ninth member, a move that would strengthen its ... ( read original story ...)
Shanghai stock exchange indice up in April
Stocks on the Shanghai bourse saw their key indices up at the end of April compared with the end of March this year according to th ... ( read original story ...)
Stock market today: Asian markets mixed as US government debt talks push toward brink of default
Trading on Wall Street was mixed early Thursday as markets watched for signs of progress on a deal to avert a default on U.S. government debt. Futures for the Dow were off 0.3% and the S&P 500 rose 0. ( read original story ...)
Tech war: major Micron client in China retracts Shanghai IPO application three days before Beijing opened cybersecurity investigation into US firm
Solid-state drive maker Memblaze ditched its Shanghai IPO in late March, just three days before memory chip supplier Micron was investigated by Beijing The firm was said to have also spent tens of ... ( read original story ...)
Moderna registers biotech firm in Shanghai, local media reports
Moderna has registered a biotech firm in China's financial hub Shanghai with capital of $100 million, according to Chinese data providers including company database Qichacha. Moderna will accelerate ... ( read original story ...)
Stock market today: Asian stocks slide as debt worries mount
Asian stock markets have slid as the U.S. government crept closer to a potentially disruptive default on its debt ... ( read original story ...)
China to expand futures opening-up in signal of financial reform
Fang Xinghai, deputy head of the China Securities Regulatory Commission (CSRC), said during the 20th Shanghai Derivatives Market Forum ... such as relaxing or even removing limits on foreign ownership ... ( read original story ...)