China shares ended higher on Tuesday as investors cheered a pledge by the central bank to strengthen policies aimed at reviving an economy paralysed by the coronavirus pandemic. S hanghai stocks add 1 ... ( read original story ...)
UPDATE 1-China’s Dada Nexus to kick off $500 mln U.S. IPO this week -sources
Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving U.S.-China ... ( read original story ...)
Merck and Novavax Are Lifting the Stock Market, but Regeneron is Sliding. Here’s Why.
Novavax (ticker: NVAX) shares surged 19.7% premarket after announcing late Monday that it launched a Phase I clinical trial of a coronavirus vaccine. The biotech company said it expects to share the ... ( read original story ...)
Shanghai gains traction as financial hub
Increased opening-up, reforms lift city to fourth spot in global rankings behind New York, London and Tokyo While the COVID-19 pandemic brings complexity and uncertainty to global capital markets, the ... ( read original story ...)
China’s Innovative Approach to Its Financial Industry Development Shared in New Video Series
China pursued all avenues in the roll-out of its financial reform and steered its financial system toward an open, inclusive a ... ( read original story ...)
China central bank resumes reverse repo operations after near two-month hiatus, traders say
China's central bank will inject 10 billion yuan (1.15 billion pounds) into money markets on Tuesday through seven-day reverse bond repurchase agreements, breaking a near two-month hiatus with no ... ( read original story ...)
Shanghai copper slips for second day
Shanghai copper prices fell for a second day, as investors focused on tensions between the United States and top metals consumer China, whose annual parliament meeting continues this week, and as ... ( read original story ...)