Equity benchmarks went into a tailspin on Monday, with the sensex tumbling 1,172 points, dragged down by heavyweights Infosys and HDFC twins amid a weak trend in Asian markets. Stay with TOI for all ... ( read original story ...)
Shanghai Reports First Covid-19 Deaths Since Start of Lockdown
The three elderly, unvaccinated patients who died had severe underlying conditions, health authorities said. ( read original story ...)
Shanghai reports first deaths in latest Covid outbreak
China has reported deaths of people with Covid-19 in Shanghai for the first time since the financial hub entered lockdown in late March. All three who died were elderly, had underlying diseases such ... ( read original story ...)
China Merchants Bank suffers US$11 billion sell-off on news report top executive is assisting with unspecified probe
China Merchants Bank, the nation's third-largest lender by market value, tumbled by the most in seven years in Shanghai after a local media said a senior executive is assisting with an unspecified ... ( read original story ...)
China Merchants Bank President Steps Down in Surprise Move
China Merchants Bank Co. said its President Tian Huiyu is stepping down after spending nearly nine years building the lender into the nation’s king of retail banking.Most Read from BloombergUkraine ... ( read original story ...)
Traders sleep by their desks as China’s financial hub locks down
Much of Pudong "is doing it," the source added, referring to Shanghai's financial district, which is home to more than 1,000 financial institutions, and China's leading stock exchange — which is ... ( read original story ...)
Shanghai reports first deaths in current COVID-19 outbreak
Shanghai began easing restrictions last week ... pledged increased spending to stabilize supply chains and provide financial support for health workers and others on the pandemic front lines. ( read original story ...)