The New York Stock Exchange, the world’s largest market exchange with more than $25 trillion in market capitalization among its listed stocks, starts trading at 9:30 a.m. Eastern time daily. With the time zone shift, the market opens at 8:30 a.m. for those in Dallas-Fort Worth. ( read original story ...)
Stock market shudders for second straight day as China strikes back against Trump tariffs
Overseas markets also slid Friday. In overnight trading in Asia, Tokyo's Nikkei 225 lost 2.8%, while South Korea's Kospi sank 0.9%. Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for ... ( read original story ...)
China bank shares rise after $72 billion recapitalisation plan
BEIJING (Reuters) -Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital. The recapitalisation aims ... ( read original story ...)
The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through financial markets at a level of shock unseen since the COVID-19 pummeled world markets in 2020. Trump ... ( read original story ...)
In China, relationships endure
China is fuelled by relationships. Maintaining a strong supply chain is not about chasing the lowest price this month ... ( read original story ...)
China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks. ( read original story ...)
Piramal Finance raises Rs 2,300 crore via external commercial borrowing
The facility carries a tenor of three years and is fully hedged, ensuring mitigation of foreign exchange and interest rate risks, the press release added ... ( read original story ...)