The first half of the year also witnessed the signing of a Memorandum of Understanding between Bursa Malaysia and the Shanghai Stock Exchange. The agreement allows both exchanges to explore potential ways to improve visibility and accessibility to market ... ( read original story ...)
Asian Shares Gain As Facebook Earnings Add U.S. Momentum
Hong Kong's Hang Seng Index was moderately higher, edging up 0.13% and the Shanghai Composite slid 0.47% ... Instagram and messaging services Messenger and WhatsApp. The company's stock rose more than 4% to around $173 after the stellar earnings report. ( read original story ...)
What every Canadian investor needs to know today
Canadian National Railway stock could also see some action Wednesday ... into whether it will start reducing its balance sheet from September," OANDA senior market analyst Craig Erlam said. "The Fed has been discussing this for some months now and it ... ( read original story ...)
Asian shares gain on strong earnings, dovish Fed policy
The Shanghai Composite index was flat at 3,247.49. Shares in Southeast Asia were mixed. WALL STREET: U.S. stock indexes inched further into ... to fresh highs within the U.S. while the Federal Open Market Committee (FOMC) meeting conclusion overnight ... ( read original story ...)
Asia shares mixed as U.S. Fed caution offsets Wall St, oil gains
HONG KONG -- Asian stock markets are mixed Wednesday ... Hong Kong's Hang Seng index added 0.2 per cent to 26,894.21 and the Shanghai Composite index in mainland China slipped 0.1 per cent to 3,239.62. Australia's S&P/ASX 200 rallied 1 per cent to ... ( read original story ...)
China’s IPO ‘Glut’ And The Case For Stock Market Reform
Lots of IPOs amid market weakness Between the Shanghai and Shenzhen stock exchanges, there were 134 IPOs in the first quarter of 2017 (compared to 24 in the first quarter of 2016) and 115 IPOs in the second quarter of this year. The average IPO rate of ... ( read original story ...)
Moody’s upgrades China’s banking system outlook, first since 2015
SHANGHAI, July 27 (Reuters) - Moody's Investors Service changed its outlook for China's banking system to stable from negative on Thursday, the first revision in two years. As non-performing loans (NPLs) rose at China's lenders amid slowing growth and a ... ( read original story ...)