China’s Shanghai Composite Index surged more than 100 points, closing above 3,000 points on Thursday, the first time above the key benchmark since July 2, following a series of pro-growth policy ... ( read original story ...)
China Market Support May Fizzle Out If Key Issues Remain Unsolved
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait amid lingering doubts about the economy’s underlying weakness. ( read original story ...)
Stock Market Today: Dow, S&P 500 score fresh records as stocks end with modest gains
China’s overnight stimulus measures on Tuesday powered the Shanghai Composite to a rally of nearly 4.2% for its best day since July 2020, but stock-m ... ( read original story ...)
Stock market today: Asian shares extend gains after China-driven rally
NEW YORK (AP) — Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading. ( read original story ...)
Shein makes rare job cuts in Singapore as London IPO remains in limbo
The job cuts come as Shein is in the process of applying for an IPO in London after it abandoned an earlier plan to go public in New York amid political pushback from US lawmakers. It has since faced ... ( read original story ...)
Stock market today: Wall Street drifts around its record heights
U.S. stocks are drifting around their records Wednesday as financial markets around the world take a pause following big recent moves. The S&P 500 was 0.1% higher in early trading, a day after setting an all-time high for the 41st time this year. ( read original story ...)
Shanghai, Shenzhen, Hong Kong Rank Among Globe’s Top Ten Financial Hubs, Report Says
Only two of China’s 12 financial centers scored higher in the index. But four Chinese financial hubs climbed up the rankings. In addition to Shenzhen and Hong Kong, Chengdu advanced four places and ... ( read original story ...)