Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty ... ( read original story ...)
Al-Musallam introduces financial incentives for swimmers
The International Swimming Federation, led by Captain Hussain Al-Musallam, has announced financial rewards for swimmers who achieve the ... ( read original story ...)
EY Sees Global IPO Recovery Next Year as Sponsors Plot Exits
Improving market conditions and a backlog of private equity sales are setting the stage for a busy 2025 in equity capital markets, with initial public offerings likely to pick up across regions, ... ( read original story ...)
China central bank conducts first operations under swap facility to bolster stock market
China's central bank said it conducted its first operations under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7.03 billion) with brokerages, fund ... ( read original story ...)
China Central Bank Rate-Cut Underwhelms Asian Stock Markets
Asian stock markets turned in an uneven Monday, after a rate cut by Beijing's central bank failed to assuage investor concerns regarding the outlook for China's giant economy and property sector. Hong ... ( read original story ...)
Sibos kicks off in Chinese mainland for first time
Lu said that China is currently the world's second-largest bond market, with overseas investors holding nearly 4.6 trillion yuan ($646.68 billion) of Chinese bonds. The PBC will continue to provide a ... ( read original story ...)
People’s Bank of China’s Stock Market Stimulus Plan Implemented…China Stock Price Around 4% ↑
Chinese stocks rallied following the implementation of liquidity supply measures by the People's Bank of China, the central bank of China.The Shanghai ... ( read original story ...)