HONG KONG (S&P Global Ratings) Sept. 29, 2017--S&P Global Ratings today revised its rating outlook on Shanghai Huayi (Group) Co. to stable from negative. At the same time, we affirmed the 'BBB-' long-term corporate credit rating on the China-based ... ( read original story ...)
Hong Kong’s stock index is the world’s best performer to date, but is the party over?
On the mainland, the benchmark Shanghai Composite Index closed ... Chinese shares into its benchmark emerging market index, a move widely regarded to speed up the inflow of foreign funds into China’s stock markets. MSCI’s A-share nod brings Chinese ... ( read original story ...)
Pirelli prices IPO at low end of range, for total value of €6.5bn
The IPO price values the group at slightly less than the price ... It has spun off Pirelli’s lower margin industrial tyre assets into its Shanghai industrial business. Only the higher margin consumer tyres business is relisting in Milan. ( read original story ...)
Japan’s Nikkei 225 Dips On Mixed Data, Shanghai Up Heading Into Holiday
Fresh on the heels of the upbeat economic growth data, a labor market report showed the number of Americans filing for unemployment benefits rose more than expected last week. The U.S. Department of Labor reported Thursday that initial jobless claims ... ( read original story ...)
Stocks – Nikkei Powers Ahead In Mixed Asian Trade With Shanghai Down
Investors will watch as the Federal Open Market Committee begins a two-day policy meeting on Tuesday and is widely expected to leave interest rates unchanged when it announces its decision on Sept. 20.. But investors are awaiting details on its reduction ... ( read original story ...)
Christie’s sells nearly $15 million of art at Shanghai auction
SHANGHAI, Sept 25 (Reuters) - Christie's sold nearly $15 million worth of art at its autumn auction in Shanghai on Sunday, with a painting by abstract master Zao Wou-ki fetching more than $5 million. The combined 98.5 million yuan ($14.8 million) sale was ... ( read original story ...)
Chaos and hackers stalk investors on cryptocurrency exchanges
LONDON, SHANGHAI, NEW YORK, Sept 29 (Reuters ... when cryptocurrencies suddenly plummet in value - are also a threat. Unlike regulated U.S. stock exchanges, cryptocurrency exchanges aren't required to have circuit breakers in place to halt trading ... ( read original story ...)