As part of the agreement, T-Mobile will get U.S. Cellular’s wireless operations and about 30% of spectrum ... affirmed Beijing’s determination to contain financial risks. The Shanghai Composite index ... ( read original story ...)
Shanghai Takes Yet More Steps to Revive Housing Market
To jumpstart recovery, China’s largest city is moving to slash mortgage rates and housing purchase restrictions. ( read original story ...)
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity
Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ... ( read original story ...)
Hong Kong stocks extend gains, cheered by Shanghai’s property easing moves
Hong Kong markets extend gains after further moves to ease curbs in the property sector and on the back of a semiconductor investment fund. ( read original story ...)
SAIC Motor announces new-generation technology foundations
At the New Energy Technology Conference held on May 24, SAIC Motor officially unveiled its next-generation technology foundation. ( read original story ...)
Stock market today: Asian shares are mixed after US holiday quiet
TOKYO (AP) — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher. ( read original story ...)
Stock market today: World shares are mostly lower after US holiday quiet
In Asian trading, Chinese markets rose and then fell after senior leaders of the ruling Communist Party met and affirmed Beijing’s determination to contain financial risks. ( read original story ...)