Visiting Shanghai? Insiders share tips

Occupying the upper part (79th-93rd floors) of the 492-meter Shanghai World Financial Center, all 174 rooms enjoy stunning vistas overlooking Lujiazui high-rises, the Huangpu River or the Puxi downtown area. Interiors follow a streamlined Chinese style ... ( read original story ...)

‘Ghost collateral’ haunts bank loans

The banker at the other end of the phone was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $US3 million from his bank, China CITIC, had vanished from a warehouse on the outskirts of the city. ( read original story ...)

Nifty slips from 10k peak, Sensex falters in opening trade

Mumbai: Banking, healthcare and FMCG stocks weighed heavy on markets ... Japan's Nikkei was down 0.36 per cent and Hong Kong's Hang Seng shed 0.01 per cent while Shanghai Composite rose 0.11 per cent. The Dow Jones Industrial Average ended at a record ... ( read original story ...)

Pound Eyes Bank Of England Dissenters via OANDA

Ahead of the Bank of England (BoE) monetary policy announcement (07:00 ... The blue-chip CSI300 index fell -0.9%, while the Shanghai Composite Index lost -0.4%. Note: China July Caixin PMI Services was 51.5 vs. 51.6 prior. In Europe, most bourses have ... ( read original story ...)