Analysts cite, among other considerations, the renminbi exchange rate and Fed uncertainty for the hold on rates. Read more at straitstimes.com. ( read original story ...)
Former chairman of state-owned bank China Everbright Group arrested over suspected corruption
Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery. ( read original story ...)
Haier Group still looking to buy Shanghai RAAS stake, Grifols says
Spanish plasma therapeutics company Grifols (NASDAQ:GRFS) said on Sunday Haier Group still plans to close the acquisition of a 20% stake in Shanghai RAAS Blood Products amid speculations on the $1.8B ... ( read original story ...)
Stock market today: Asia stocks follow Wall Street higher, while China keeps its key rate unchanged
Asian markets have climbed after Wall Street drifted to a mixed finish as it closed out its 10th winning week of the last 11 ... ( read original story ...)
China central bank holds medium-term rate but adds liquidity
China's central bank left the medium-term policy rate unchanged on Monday, defying market expectations as signs of a weaker currency continued to limit the scope of monetary easing. A slew of recent ... ( read original story ...)
China central bank surprises markets, leaves medium-term rate unchanged
China's central bank boosted liquidity injections but surprised markets by leaving the interest rate unchanged when rolling over maturing medium-term policy loans on Monday. The ... ( read original story ...)
A Potential Mega-IPO Is in U.S.-China Crosshairs
Shein says it’s able to make affordable apparel by predicting customer demand and producing items in small quantities. Here’s how Shein has dominated the global fast-fashion market as it remains one ... ( read original story ...)