Shanghai municipal government is offering a package of incentives, rebates and exemptions to help businesses survive the city's phased lockdown to contain the worst Covid-19 outbreak in mainland China ... ( read original story ...)
In China’s Wall Street, bankers and traders sleep in offices to beat Shanghai COVID lockdown
More than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai's Lujiazui district as they bid to keep China's giant financial hub ticking over through a COVID-19 ... ( read original story ...)
Omicron: Shanghai lockdown needed to stop ‘serious’ community spread, experts say
Chinese financial hub Shanghai started a two-stage Covid-19 lockdown and mass testing on Monday, moving away from a strategy of targeted controls. Virus experts say the lockdown – the city’s biggest – ... ( read original story ...)
GLOBAL MARKETS-Asian shares gain as BOJ defends ultra-easy stance, oil eases on Shanghai lockdown
Japanese shares led gains in Asian stocks on Tuesday as the Bank of Japan defended its ultra-easy stance, while oil slid on fears of lower demand from China as Shanghai applied a "zero-COVID" strategy ... ( read original story ...)
Additional Support Called For China Stock Market
The China stock market on Monday snapped the two-day losing streak in which it had fallen almost 60 points or 1.8 percent. The Shanghai Composite Index now rests just beneath the 3,215-point plateau ... ( read original story ...)
Shanghai exchange ‘largely unaffected,’ as industry responds swiftly to ensure operation
China's domestic financial hub of Shanghai has readied its equity market well for strict anti-COVID-19 measures that began on Monday, with the Shanghai Stock Exchange (SSE) pledging to offer ... ( read original story ...)
EMERGING MARKETS-Asia FX pressured as Shanghai imposes lockdown, stocks mixed
Most Asian currencies fell further into the red on Monday, as China's reimposition of a lockdown in Shanghai weighed on regional sentiment and overshadowed hopeful signs of progress in peace talks ... ( read original story ...)