Tag: finance

China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The People's Bank of China cut rates on its seven-day reverse purchase ... ( read original story ...)

U.S. futures were steady on Friday morning following a broad market decline triggered by a tech-heavy sell-off. Futures on the Nasdaq 100 (NDX), ( read original story ...)

BEIJING -- China's Shanghai Stock Exchange (SSE) on Sunday announced that it will launch the SSE STAR 200 Index on Aug 20 to track the performance of companies listed on the STAR market, China's ... ( read original story ...)

Asian equities were mixed for the week as Hong Kong outpaced Mainland China, which was lower, with a slight gain. May retail sales, reported Monday, increased by +3.7% year-over-year (YoY), versus ... ( read original story ...)

Shanghai Gigafactory is now operating at full capacity, according to a Chinese outlet Beijing News Shell Finance which visited the plant on July 15. This update follows earlier concerns about ... ( read original story ...)

China Grand Automotive Service is set to be expelled from the Shanghai Stock Exchange after its shares traded below their par value for 20 straight days, the latest sign of cracks appearing in the ... ( read original story ...)

In Taiwan, the Taiex fell 2.3%, as computer chip-maker Taiwan Semiconductor Manufacturing Co.'s shares sank 3.5%, extending losses triggered by a report that Washington might double-down on ... ( read original story ...)