Asian markets mixed as market awaits Trump Fed decision

BEIJING — Asian stock markets were mixed Monday as investors waited to find out who U.S. President Donald Trump will pick to head the Federal Reserve. KEEPING SCORE: Tokyo's Nikkei 225 index lost 0.1 per cent to 21,995.15 and the Shanghai Composite Index ... ( read original story ...)

It’s America First for Stock Valuations

China's Shanghai Stock Exchange Composite, however ... and the political stability in Washington looks less than normal. A growing number of market watchers are saying there is more value for stock investors outside the U.S. So far that hasn't weighed ... ( read original story ...)

Xi Appoints New Leader to Run China’s Biggest Financial Hub

Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua News Agency said. A day earlier, Li Xi, 61, was named party chief of Guangdong province, the southern ... ( read original story ...)

Shanghai stocks post worst day in 11 weeks on fears of IPO wave

SHANGHAI: Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signalling tighter liquidity. The Shanghai Composite Index dropped 0.8 ... ( read original story ...)

China Biggest Financial Hub, Provincial Economy Get New Leaders

Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua News Agency said. A day earlier, Li Xi, 61, was named party chief of Guangdong province, the southern ... ( read original story ...)

China stocks fall on anticipation of an IPO wave; Hong Kong flat

If the Shanghai index doesn't rise in the afternoon, Monday will be its worst day since Aug. 11. Over the weekend, China's securities regulator approved nine IPOs that will raise a total of 9.5 billion yuan ($1.43 billion), more than double the average ... ( read original story ...)