Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, had a mixed performance. ** China's ... ( read original story ...)
Asian shares mostly rise on relief over US bank strength
Asian shares are higher as investors got some relief from worries over troubled U.S. lenders with a planned takeover of failed Silicon Valley Bank ... ( read original story ...)
People’s Bank of China Decided to Lower RRR Of Financial Institutions
The Central Bank announced that the deposit reserve ratio of financial institutions will be lowered by 0.25 percentage point on March 27 (excluding financial institutions that have implemented a ... ( read original story ...)
Shanghai Commercial & Savings Bank
The Shanghai Commercial & Savings Bank Ltd. engages in the commercial banking business. The company provides general corporate loans, policy loans, foreign exchange business, overseas finance ... ( read original story ...)
Shanghai’s Lujiazui now home to over 100 foreign asset management institutions
SHANGHAI, March 27 (Xinhua) -- More than 100 foreign-funded asset management institutions have now settled in Shanghai's Lujiazui Financial City, demonstrating China's further opening-up of its ... ( read original story ...)
Los Angeles tops Shanghai as one of the biggest financial centers in the world. Here are the top 10— and 5 are in the U.S.
Los Angeles is already the center of the entertainment world. Now it’s taking on a bigger role in the financial universe. The California city has moved up to number six on the Global Financial Centres ... ( read original story ...)
Bank Outlook, Economic Reports Roil Asian Stock Markets
Asian stock markets were mixed on the downside Monday, as traders weighed global banking woes, a weak industrial report from mainland China, and persistent geopolitical tensions between Beijing and ... ( read original story ...)