SHANGHAI, May 28 (Xinhua) -- The BRICS New Development Bank (NDB) has signed a loan agreement to support sustainable infrastructure development in east China's Zhejiang Province, marking the latest ... ( read original story ...)
China cashes in banking chips for tech drive
China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country's biggest lenders have invested in Beijing's third and largest semiconductor ... ( read original story ...)
China Market Update: “Big Fund 3” Launches As Shanghai Relaxes Home Purchase Policies
Mainland financial media noted Friday’s post-close State Council ... Meanwhile, WuXi Biologics, Tencent, and ICBC were small net sells. Shanghai, Shenzhen, and the STAR Board gained +1.14%, +0.75%, ... ( read original story ...)
Shanghai Takes Yet More Steps to Revive Housing Market
To jumpstart recovery, China’s largest city is moving to slash mortgage rates and housing purchase restrictions. ( read original story ...)
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity
Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ... ( read original story ...)
Stock market today: Asian shares are mixed after US holiday quiet
TOKYO (AP) — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher. ( read original story ...)
Stock market today: World shares are mostly lower after US holiday quiet
In Asian trading, Chinese markets rose and then fell after senior leaders of the ruling Communist Party met and affirmed Beijing’s determination to contain financial risks. ( read original story ...)