U.S. futures inched lower on Tuesday morning, continuing the sluggish trend observed in the last week. Futures on the Dow Jones Industrial ... ( read original story ...)
Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday
Asian shares are trading mixed on the second day Chinese markets are open after the Lunar New Year break. Benchmarks rose in China but slipped Tuesday in Tokyo, Sydney and Seoul. Oil prices rose. ( read original story ...)
China’s central bank unexpectedly cuts benchmark lending rate y 25 bps to 3.95%
China held its one-year loan prime rate on Tuesday, but surprised markets by lowering the five-year rate by 25 bps to 3.95%, according to a statement Tuesday from the People’s Bank of China. Reuters ... ( read original story ...)
Chinese Car Rental Firm eHi Weighing $300 Million US IPO, Sources Say
Hi Car Services Ltd., a Shanghai-based car rental company, is considering a return to the US capital market with an initial public offering that may raise about $300 million as soon as this year, ... ( read original story ...)
China’s stock market plays catch-up after data shows biggest travel surge since COVID
China’s stock market returned from the week-long Lunar New Year break in chipper mood, playing catch-up with a rally in Hong Kong, and with sentiment boosted by some better economic news. The Shanghai ... ( read original story ...)
Stock market today: World shares are mixed as Chinese markets reopen after the Lunar New Year
European shares opened lower after a mixed session in Asia as Chinese markets reopened from a long Lunar New Year holiday. Hong Kong fell while Shanghai advanced. ( read original story ...)
A dynamic stock market needs strict oversight as a launching pad
VCG. China has recently moved to prop up its stock market, in an intensified bid to strengthen investor confidence and shore up domestic buying power that under ... ( read original story ...)