The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year. ( read original story ...)
China central bank, under pressure to ease, is hemmed-in by inflation, Fed jitters
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo ... ( read original story ...)
Video: Shoppers Rush for Exits at Shanghai IKEA Store Amid COVID-19 Lockdown
Shangahi Ikea store saw panicked shoppers rushing for the exits after city health authorities on Saturday ordered the store to shutter down with shopper ... ( read original story ...)
China Stock Market Expected To Halt Losing Streak
The China stock market has finished lower in two straight sessions, although it has given up just 5 points or 0.2 percent in that span. The Shanghai Composite Index now rests just above the ... ( read original story ...)
Shoppers rush for the exits as Shanghai Ikea goes into lockdown
Panicked shoppers rushed for the exits at an Ikea branch in Shanghai on Saturday after city health authorities ordered the store to lock down after a close contact of a Covid-19 case was traced to the ... ( read original story ...)
China unexpectedly cuts 2 key rates, withdraws cash from banking system
SHANGHAI (Reuters) -China's central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to ... ( read original story ...)
Chinese stocks’ post-Shanghai lockdown rally fizzles out as zero-Covid policy and beleaguered property market bite
The CSI 300 Index of the biggest stocks on China's onshore market has lost almost half of the gains that followed the reopening of Shanghai Covid-19 flare-ups and a property market that is in downturn ... ( read original story ...)