Shanghai Locals Enjoy Special Culture Themed Event

Members of the Moms Qipao Team perform a fashion show for villagers in Caibang in the Qingpu district of Shanghai on March 25. [Xinhua/Ren Long] Shanghai government departments held a Cultural Service Day themed event on March 25, aiming to help locals ... ( read original story ...)

Canara Bank to shut three overseas branches

Canara Bank will close its three foreign branches - Leicester (UK), Bahrain, and Shanghai - and sell its 50 per cent stake to State Bank of India (SBI) in Russia as part of rationalisation of overseas branch network. Rakesh Sharma, bank’s managing ... ( read original story ...)

British bank expects PH trade deficit to further rise

Hongkong and Shanghai Banking Corp. said it expects the trade deficit of the Philippines to widen further to $3.719 billion in February from $3.317 billion in January amid surging imports that continue to outpace exports. The British bank said in a report ... ( read original story ...)