The Chinese helped drive the first leg of this gold bull run last spring, but they have been largely MIA in the recent run up. What happens when they jump back into the market? ( read original story ...)
China’s Shanghai Composite index drops 0.48%
Markets expect a 25-bps cut after separate set of data showed the U.S. core consumer price index and producer price index rose slightly from a month earlier in August. ( read original story ...)
China Confronts a Worrying New Scam: Vanishing Businesses
The owners of struggling gyms, beauty salons, and tuition centers are hiring professional “store closers” to help them suddenly disappear without a trace — and take their customers’ money with them. ( read original story ...)
Confidence of US firms in China wanes as record numbers cut investments amid hardships
AmCham Shanghai's business-climate survey flags concerning trends while expressing hope that Washington eases up on tariffs and helps stabilise relationship American firms in China appear to have soured on the business climate and prospects, ( read original story ...)
Stock Market News Today, 9/13/24 – Futures Steady After a Strong Session
U.S. futures remained stable on Friday morning after another robust trading day on Wall Street. The S&P 500 (SPX) and the Nasdaq Composite ... ( read original story ...)
Shanghai aims to become a world-leading fintech center
The action plan aims to build Shanghai into a world-leading fintech center in three to five years. Specifically, basic research and development and original innovation of the underlying technologies ... ( read original story ...)
China: Asia’s First Spiral Escalator in Shanghai
China's first and Asia's first spiral escalator (rotating elevator) is seen at the New World Daimaru Department store in Shanghai, China, September 10, 2024. ( read original story ...)