Shanghai began easing restrictions last week ... pledged increased spending to stabilize supply chains and provide financial support for health workers and others on the pandemic front lines. ( read original story ...)
Shanghai reports first Covid deaths since March lockdown started
Shanghai reported its first three Covid-19 deaths since the business hub started a rigid lockdown on March 28 in a bid to curb its worst outbreak since the pandemic began. Health authorities said the ... ( read original story ...)
China Merchants Bank suffers US$11 billion sell-off on news report top executive is assisting unspecified probe
China’s third-largest lender fell by the most since August 2015 amid a local media report that a top executive is assisting with an unspecified government probe. ( read original story ...)
Shanghai reports Covid-19 deaths for first time during current outbreak
The Chinese financial hub of Shanghai said three people infected with Covid-19 died on Sunday (April 17), the first time during the current outbreak that it reported deaths among coronavirus patients. ( read original story ...)
Shanghai signals to resume some economic activities, acknowledges COVID-linked deaths
China has signaled to resume some economic activities in its commercial and financial capital Shanghai which has been in citywide lockdown for the past three weeks in varying degrees. On Monday, ... ( read original story ...)
Zero-Covid undermines support for stock market
SHANGHAI: Patience is wearing thin among China’s beleaguered stock investors as worries about the impact of the latest Covid upsurge eclipse promises of official market support. ( read original story ...)
Market LIVE Updates: SGX Nifty indicates a flat to negative start for the Indian indices; Nikkei down 2%
The Nifty futures were trading around 17,290 level on the Singaporean Exchange at 7:30 IST. Asian markets are trading lower with Nikkei down 2 percent and Shanghai Composite down 1 percent. US markets ... ( read original story ...)