BEIJING/SHANGHAI (Reuters) - China's central bank spoke out against big currency swings on Tuesday, saying it will take steps to stabilise expectations, and keep the yuan basically stable. ( read original story ...)
Shanghai shines as intl financial center in past decade, eyes greater roles in China’s new devt phase
From attracting global financial institutions to surging financial transaction volumes and the expansion of the nation's financial infrastructure, Shanghai has proved itself as a global financial ... ( read original story ...)
HSBC extends Chinese private banking network to lure new digital millionaires
The bank has already launched private bank services in Beijing, Shanghai, Guangzhou and Shenzhen. "As a new class of HNW and ultra HNW individuals emerges from the vigorous development of Hangzhou's ... ( read original story ...)
HSBC expands China private banking network, launches in two new cities
The bank has another four branches in Beijing, Shanghai, Guangzhou and Shenzhen. (This story has been corrected to say bank has launched its business in two branches, not opened two new branches ... ( read original story ...)
No Help Yet For China Stock Market
The China stock market has finished lower in four straight sessions, sinking more than 115 points or 3.9 percent along the way. The Shanghai Composite Index now sits just beneath the 2,975-point ... ( read original story ...)
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
An employee of German food discounter ALDI Nord in Essen Germany, March 5, 2021. REUTERS/Wolfgang Rattay/File Photo ... ( read original story ...)
Hong Kong tech stocks drag market down 2%; Asia markets drop
Shares in the Asia-Pacific fell as Chinese chip stocks listed in Hong Kong plunged following new export rules from the U.S. ( read original story ...)