Shanghai's SME financing guarantee fund will be expanded to 120 billion yuan in 2024, with a 5 billion yuan carve-out for a science and technology innovation guarantee plan. ( read original story ...)
China’s Shanghai braces for torrential rain as Typhoon Kong-rey advances
China's financial hub Shanghai is bracing for potentially the worst rains in more than 40 years as Typhoon Kong-rey looks set to arrive from the south to sweep along the eastern coast over the next ... ( read original story ...)
WinSemi sees support from satellite, Wi-Fi 7, optical communications despite weak China handset demand
GaAs foundry house Win Semiconductors (WinSemi) has offered a weak outlook for China's Android phone market in the fourth quarter of 2024, but expects significant results from satellite, Wi-Fi 7, and ... ( read original story ...)
High Growth Tech Stocks To Explore This October 2024
As of late October 2024, global markets are navigating a complex landscape influenced by rising U.S. Treasury yields and tempered economic growth, with the S&P 500 experiencing a downturn after six ... ( read original story ...)
Stock market today: Asia shares decline as investors await earnings, US elections and economic data
In the bond market, yields edged higher following the latest readings on the U.S. economy. Growth for the overall economy slowed during the summer from the spring, according to a preliminary estimate ... ( read original story ...)
China’s big banks post Q3 profit gains, squeeze on net interest margins
The Bank of China (BoC) , the Bank of Communications and CCB reported quarterly net profit gains of 4.38%, 1.2% and 3.79%, respectively. ICBC rose 0.2% in Shanghai on Thursday morning after the ... ( read original story ...)
Shanghai braces itself for torrential rain as Typhoon Kong-rey advances
Shanghai's railway operator announced suspensions to some high-speed trains from Oct 31 to Nov 1. Read more at straitstimes.com. ( read original story ...)