China's central bank said Friday that the risk of spillover from embattled property giant Evergrande to the financial sector was "controllable", breaking its silence on the company's debt troubles, ... ( read original story ...)
Shanghai expat center unveils bilingual volunteering platform ‘BLESS’
The Expatriate Center, a non-profit organization that serves the expat community in Shanghai, held its annual Volunteer Appreciation Dinner on Monday and launched a bilingual volunteering platform ... ( read original story ...)
Shanghai Man: Fiat on-ramps dry up in China, crypto topics censored on social media
Binance announces the closure of RMB markets, other exchanges react differently, and social media influencers express their skepticism. ( read original story ...)
Daily Markets: Bank Earnings to Shine Light on Speed of Economic Recovery
In addition to continued worries over inflation (is it transitory or not?) and global supply chains, this morning brings a bevy of bank earnings. Those results will shape how U.S. equity markets begin ... ( read original story ...)
STAR Market Daily: STAR 50 rises 0.19%, RMB 30.9 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,347.27 on Thursday. The STAR Market recorded a total trading volume of 0.6 bln shares with a turnover value of RMB 30.9 bln, down 1.3% from yesterday. ( read original story ...)
Central Bank to introduce mobile app to facilitate foreign remittances
The Working Committee appointed by the Central Bank, to study and suggest new remittance channels for Sri Lanka and to make recommendations on reducing the cost of remitting money, has proposed the im ... ( read original story ...)
China Stock Market May Challenge Resistance At 3,600 Points
The China stock market on Wednesday snapped the two-day slide in which it had retreated more than 45 points or 0.6 percent. The Shanghai Composite Index now rests just above the 3,560-point plateau ... ( read original story ...)