Changning district, which hosts a third of Shanghai's foreign consulates and almost 6,500 foreign enterprises, including Unilever and Bosch, is inviting more businesses from the United Kingdom to ... ( read original story ...)
Stock Market News Today, 6/27/24 – Indices Finish Higher amid New Economic Data
U.S. futures were down Thursday morning after the S&P 500 index (SPX) rose yesterday and marked the second consecutive day in the green. Futures ( read original story ...)
Russia’s VTB bank says US sanctions have complicated cross-border transactions
U.S. sanctions imposed on Moscow this month have complicated the foreign trade operations of Russian banks, but they are gradually adapting to the new realities, the finance director of VTB, Russia's ... ( read original story ...)
China’s central bank puts the yuan’s exchange-rate swings in crosshairs
A stable exchange rate plays a key role in China’s position as a major importer and exporter, but the yuan has come under heavy pressure from the US dollar. ( read original story ...)
RBI imposes penalty of Rs 29.60 lakh on HSBC Bank for not following directions on credit, debit cards
This penalty has been imposed in exercise of powers vested in RBI conferred under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949 ... ( read original story ...)
MWC Shanghai 2024: Huawei’s David Wang on the year of Shared 5G-Advanced Success
Alongside mobile subscriptions, 5G has proved revolutionary for fixed wireless access (FWA), with over half the world’s 5G network operators now offering commercial 5G FWA services. Now, this year, 5G ... ( read original story ...)
Toyota Said to Seek Wholly Owned Lexus Factory in Shanghai
Toyota Motor Corp. is in discussions with authorities in Shanghai about the possibility of constructing a wholly owned factory, according to people familiar with the matter, in what would be a risky ... ( read original story ...)