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Tag: stock market

Posted on 24/10/2022

Shanghai’s Bank Loan Balance Jumps USD100 Billion in First Three Quarters to Support Real Economy

The efforts of financial institutions in Shanghai to support the real economy have resulted in a CNY725.3 billion (USD100 billion) increase in bank loan balance in the first three quarters from a year ... ( read original story ...)

Posted on 24/10/2022

‘Best days are over’ for China’s pandemic stock winners as zero-Covid policy fails to halt losing run for vaccine makers

Vaccine makers like CanSino, Chongqing Zhifei have slumped on onshore stock markets, suggesting they are one-product wonders Demand for Covid-19 vaccines is diminishing, given the high vaccination ... ( read original story ...)

Posted on 22/10/2022

China’s yuan nears 2008 global financial crisis era lows

SHANGHAI: China's yuan resumed its weakening trend against the dollar on Friday (Oct 21), approaching lows hit during the global financial crisis of 2008 as the greenback soared on heightened ... ( read original story ...)

Posted on 21/10/2022

Yuan Falls to Lowest Since 2008 Global Crisis, Despite State Bank Support

China's yuan fell on Friday to its weakest level against the dollar since the global financial crisis of 2008, despite attempts by major state-owned banks to stabilise the market. Sources told Reuters ... ( read original story ...)

Posted on 21/10/2022

Love, Bonito owner eyeing IPO, plans to open first physical store in US in 2023

Love, Bonito, the female fashion brand started in Singapore, is eyeing its first physical store in the United States in 2023, as well as an initial public offering some time down the line, Reuters ... ( read original story ...)

Posted on 21/10/2022

Stock Market LIVE updates: Sensex and Nifty likely to make a muted start today

The Dow Jones Industrial Average slipped 0.3 percent and the Nasdaq composite fell 0.6 percent.  08:26:21 IST Asian markets in the red after wall street tumble  Asian markets slip into the red ... ( read original story ...)

Posted on 21/10/2022

Domino’s Pizza’s China operator banks on IPO for expansion

BEIJING: Recent attempts by the Chinese franchisee of Domino’s Pizza Inc to seek a Hong Kong float have demonstrated enhanced efforts by the operator to tap the flourishing and competitive pizza ... ( read original story ...)

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