The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey ... ( read original story ...)
‘Deep, lingering, persistent’ skepticism over China’s growth potential is keeping global financial markets from embracing its reopening
It has been four months since China dismantled its strict Covid-19 controls and fully re-emerged from three years of self-imposed isolation. The impact of China’s reopening, both at home and abroad, ... ( read original story ...)
Silicon Valley Bank’s Shanghai joint venture ‘operating normally’
Pan Weidong, president of the second-tier Chinese state-owned lender, said the Shanghai-based 50-50 venture SPD Silicon Valley Bank (SSVB) is "operating normally for the time being." The conference ... ( read original story ...)
Stock market today: Asia trading mixed ahead of earnings
News that China’s economic growth accelerated in the latest quarter, to 4.5%, did not have much of an impact on share prices. While consumption and retail sales have grown, other indicators, such as ... ( read original story ...)
Stock Market Today: Asian Trading Mixed Ahead of Earnings
Asian shares are trading mixed as investors take a wait-and-see attitude stance of earnings reports and possible moves by central banks ... ( read original story ...)
China Stock Market: Resistance Expected At 3,400 Points
The China stock market has moved higher in three straight sessions, collecting more than 75 points or 2.4 percent in that span. The ... ( read original story ...)
Stock market today: Shares mixed following China growth data
Global shares are trading mixed as pessimism over global uncertainties remained even as China reported better-than-expected economic growth data. ( read original story ...)