U.S. futures traded near the flatline as investors geared up for key inflation data for clues on the potential interest rate cuts this year. Futures on the Nasdaq 100 (NDX), S&P 500 (SPX), and the Dow ... ( read original story ...)
Stock market today: Global shares mostly rise as investors look to earnings and inflation signs
Global shares are mostly higher as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation ... ( read original story ...)
Today’s Stock Market: Asian Shares Mostly Rise as Investors Monitor Earnings and Inflation Indicators
O n Monday, Asian shares showcased a predominantly positive trend, with market participants directing their attention towards forthcoming earnings reports from major global corporations and eagerly ... ( read original story ...)
Shimao Shares Fall After China Bank Files Liquidation Petition
Shimao Group shares fell sharply after a Chinese state-run bank filed a liquidation petition against the heavily indebted developer, adding uncertainty to a proposed restructuring of offshore debt. ( read original story ...)
Shimao Group faces winding-up petition from China Construction Bank, signalling developer is in ‘serious debt trouble’
Troubled property developer Shimao Group Holdings is facing a liquidation suit brought by China Construction Bank, the country’s second-largest lender, for a financial obligation amounting to around ... ( read original story ...)
Banking bottleneck causing six-month delays for Russia-China payments: sources
AS THE threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one Russian ... ( read original story ...)
Chinese State Bank Asks Court to Liquidate Developer Shimao
Defaulted Chinese developer Shimao Group Holdings Ltd. is facing a demand to liquidate from creditor China Construction Bank (Asia) Corp., one of the most prominent examples yet of a state-backed bank ... ( read original story ...)