“We shouldn’t see the words ‘fourth industrial revolution’ as a frightening phrase for something that is too costly,” says K V Kamath, the president of the Shanghai-based New Development Bank – the so ... ( read original story ...)
$100b cash injection into China’s banking system highlights growth worries
Shanghai/London | China's central bank injected 502 billion yuan ($100 billion) into its banking system to help fortify a weakening domestic economy against the impact of an escalating trade war with ... ( read original story ...)
MIL-OSI Banking: 2018 New Series Hong Kong Banknotes
Bank of China (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited) announced today (Tuesday) the issue of the 2018 new series Hong Kong banknotes. Consistent with the current ... ( read original story ...)
China’s day traders find solace in black humour as stocks languish in bear market territory
Telling their brokers to buy the Shanghai Composite Index at 2,000 points -- 30 per ... “The problem with China’s stock market is that it is too young. It’s like a restless teenager.” Trading in China ... ( read original story ...)
China shares hit one-month high on stimulus hopes, bonds tire
SYDNEY (Reuters) - Shanghai shares led Asia higher on Tuesday as China touted fiscal action to support the world's second largest economy, while stellar results from internet giant Alphabet underpinne... ( read original story ...)
Asian markets bounce back, led by gains in China
Insurance and financial companies led the gains, with Sumitomo Mitsui Financial Group ... as financials continued to climb. The Shanghai Composite SHCOMP, +1.25% was up 1.6% and the Shenzhen Composite ... ( read original story ...)
China’s Day Traders Resort to Black Comedy as Stock Losses Mount
Telling their brokers to buy the Shanghai Composite Index at 2,000 points -- 30 percent ... “The problem with China’s stock market is that it is too young. It’s like a restless teenager.” Trading in C... ( read original story ...)