Tag: stock market

SYDNEY/BEIJING (Reuters) - Australia and New Zealand Banking Corporation (ANZ.AX) said on Monday Baoshan Iron & Steel Co (600019.SS) would buy part of its stake in Shanghai Rural Commercial Bank Co [SHRCB.UL], rather than Shanghai Sino-Poland Enterprise ... ( read original story ...)

BEIJING/HONG KONG (Reuters) - China's central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid US concerns that Beijing has not been tough enough over Pyongyang's repeated nuclear tests. ( read original story ...)

Shanghai Commercial Bank posted a 101-percent, year-on-year growth in net profit to HK$2.06 billion for the first six months. Corporate borrowing and commission fees accounted for much of it, and the situation is expected to remain largely unchanged in the ... ( read original story ...)

ANZ today announced that under a revised arrangement Baoshan Iron & Steel Co., Ltd. (Bao) will join China COSCO Shipping Corporation Limited (COSCO) to acquire ANZ's 20% stake in Shanghai Rural Commercial Bank (SRCB). Under a new sale agreement, Bao will ... ( read original story ...)

Investing.com - Asian shares were mixed on Monday with weekend political news of note for the fortunes of center-leaning parties on the wane in New Zealand and Germany - both of which use mixed-member proportional voting systems. The AfD stunned the German ... ( read original story ...)

Although China’s supply-side reform and tighter environmental protection measures have so far been well received by the market ... prices and related stock prices may fall in response.” Indeed, both China stocks and Shanghai commodity futures ... ( read original story ...)

With the lifting of the ban on trading A Shares in Shanghai by foreigners, the SSE Composite Index has become an important indicator of the health of China’s stock market. Though SSE Composite Index tracks all listed stocks on SSE, the index has smaller ... ( read original story ...)