Tag: finance

An entity controlled by the Chen family filed two separate lawsuits in bankruptcy court last week against Shanghai Commercial Bank and Milestone Construction Corp., claiming fraud and negligence, and ... ( read original story ...)

Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while. Japan's benchmark Nikkei 225 dipped 0.5% in afternoon trading to 38,296.69. Australia's S&P/ASX 200 edged up less than 0. ( read original story ...)

Indian shares declined on Monday as investors turned risk-averse after Iran's retaliatory attack on Israel over the weekend spurred fears of a wider regional conflict. ( read original story ...)

China kicked off new anti-graft inspections of some of its largest state lenders, the central bank and key regulators, the first broad probe since a round in 2021 that sent shock-waves through the ... ( read original story ...)

Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.4% to 3,013.84 even though the Chinese government reported that the economy grew at a faster-than-forecast annual rate of 5. ( read original story ...)

Asian equities were mixed overnight on continued Middle East tensions though Mainland China’s Shanghai and STAR 50 indexes outperformed. ( read original story ...)

China’s government is determined to push stock prices higher. Late Friday, the powerful State Council unveiled a roadmap for boosting capital markets, calling for tougher new listing rules and more ... ( read original story ...)