Skadden, Arps, Slate, Meagher & Flom LLP is shuttering its Shanghai office and laid off some staff in the mainland after the law firm’s business was dented by a slowdown in deals amid China’s economic ... ( read original story ...)
China’s home prices see biggest drop in nine years despite efforts to revive market
New home prices in September fell 6.1 per cent year on year in 70 mainland cities, widening from a 5.7 per cent slump in August ... ( read original story ...)
Stock market today: World stocks gain as China releases plan to finance share buybacks
World shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by companies and major shareholders. European markets opened mostly ... ( read original story ...)
Stock Market Today: Dow futures trade near record while gold rally continues
In early premarket trade, Netflix shares jumped 5% -- basically levelling out the stock from where it was when the week began. While Netflix didn't announce a price hike in the U.S., it boosted its ... ( read original story ...)
China: Guanglu Building Art Show in Shanghai
Shanghai, China - October 15, 2024 [Note: partially no sound] The art projection show of Guanglu Building on the Bund in Shanghai, China, October 15, 2024. ( read original story ...)
Shanghai gears up for 7th China International Import Expo
Shanghai is gearing up for the upcoming 7th China International Import Expo, CCTV reported on Friday. This year's event, scheduled from Nov 5 to 10, has received confirmation from over 70 countries ... ( read original story ...)
China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal. ( read original story ...)