Customarily, the Fed and other central banks do as much as they can to keep markets calm and keep the economy on track. But now they're seen as the ones stoking volatility. ( read original story ...)
Shanghai retail market bounces back as foreign firms reaffirm confidence
Shanghai is seeing its consumer market bounce back to peak levels ... out of lockdown with at-home consumption rising as home-bound consumers continue to stock up on sodas and other beverages. ( read original story ...)
Alibaba, HSBC, Baidu lead Hong Kong stock rebound after China defends yuan and global stocks halt slump
Hong Kong stocks rebounded from an 11-year low after China’s central bank warned against one-way bets on the deprecation of the Chinese currency and global markets stabilised. ( read original story ...)
China’s yuan bounces from 14-year low after central bank warning
China's yuan bounced on Thursday from a 14-year low against the dollar hit in the previous session, snapping eight straight days of losses, after the central bank warned against speculative trading ... ( read original story ...)
EY: Global YTD IPO Fundraising Amt Cascades 57% to USD146B; SSE Most Lucrative
Year to date, a total of 992 IPO deals have been completed globally, raising USD146 billion, representing a YoY decline of 44% and 57%, respectively, Ernst & Young (EY) reported. Mainland China ... ( read original story ...)
China Stock Market May Test Resistance At 3,100 Points
The China stock market on Tuesday ended the four-day losing streak in which it had dropped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,090-point plateau ... ( read original story ...)
China’s yuan ends at weakest since global financial crisis, hits record low offshore
China's onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low ... ( read original story ...)