Tag: stock market

As mobile internet penetration has become commonplace, so has digital financial service providers. A manager from the Bank of Shanghai said it is commonly believed that peer to peer lending almost is equivalent to the lending from traditional banks. ( read original story ...)

Mainland markets were mixed: the Shanghai Composite slipped 0.21 percent while the Shenzhen ... The joint venture aims to process customer data at the Japanese bank in order to improve services, Nikkei Asian Review reported. SMFG shares were down 1.1 ... ( read original story ...)

“The market is realizing that economies are doing well enough for both the Fed and the ECB to remove stimulus,” Ken Peng, a Hong Kong-based investment strategist at Citi Private Bank, said ... 0.7 percent and China’s Shanghai Composite Index ... ( read original story ...)

A security camera video from China showing good samaritans helping a man to pick up hundreds of bank notes which blew away in a gust of wind. The clip was filmed in Shanghai on August 2. ( read original story ...)

SHANGHAI: China's yuan strengthened to a 10-month high against the dollar on Tuesday, breaching a key psychological level, after the central bank set a firmer guidance rate and data showed a larger-than-expected increase in the country's foreign exchange ... ( read original story ...)

The Shanghai Composite Index lost 0.2 percent to 3,273.71 and ... FED WATCH: Investors looked ahead to an appearance Thursday by Bill Dudley, president of the U.S. Federal Reserve Bank of New York, for signs of the Fed's outlook on the economy. ( read original story ...)

China’s central bank has set up a clearing house for online payment services ... such as an investment unit of the State Administration of Foreign Exchange, Shanghai Gold Exchange, China Banknote Printing and Minting Corp. and Payment & Clearing ... ( read original story ...)