Asian shares were mostly higher on Tuesday even though the latest data showed China’s economy is weaker than expected, with domestic demand failing to bounce back as much as hoped for after the ... ( read original story ...)
China Chip Firm Seeking to Rival ASML Weighs IPO Filing, Sources Say
Dongfang Jingyuan Electron Ltd., a semiconductor software firm, is weighing filing for an initial public offering in China as soon as next year, according to people familiar with the matter, as the ... ( read original story ...)
Stock market today: World shares mixed after China economic data weaker than expected
European shares were trading mostly higher after a mixed session in Asia following the release of data showing China's economy is weaker than expected ... ( read original story ...)
Shanghai struggles to stay cool amid heatwave
Reuters Shanghai struggles to stay cool amid heatwave A heatwave blanketed China's financial hub of Shanghai on Monday (May 15), with temperatures climbing to 34.5 degrees Celsius (94.1 degrees ... ( read original story ...)
Shanghai busts money laundering by online tipping
Shanghai police said on Monday that they have cracked the first national case in which suspects laundered money by exploiting the tipping function in livestreaming. Twenty-one suspects were arrested ... ( read original story ...)
China central bank rolls over medium-term policy loans, rate unchanged
China's central bank rolled over maturing medium-term policy loans while keeping interest rates unchanged on Monday, matching market expectations. The People's Bank of China (PBOC) said it was keeping ... ( read original story ...)
China’s securities regulator, central bank cut staff pay budgets
China's securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms ordered as part of a broader drive to reduce income disparity. The 2023 budget ... ( read original story ...)