City Shanghai, China Financial News

21.12 / 17:38
Nikkei Micron country reports World markets today: US stocks surge after pullback
Global markets: US stocks opened higher on Thursday, following updated economic growth figures for the third quarter. The Dow Jones Industrial Average rose 143.32 points, or 0.39%, at the open to 37,225.32. The S&P 500 opened higher by 25.94 points, or 0.55%, at 4,724.29.
20.12 / 16:22
Nikkei fall World markets today: US stocks fall, FedEx shares tumble
Global markets: US stocks opened lower on Wednesday as investors took a breather from a rally sparked by the rate cut hopes. The Dow Jones Industrial Average fell 37.79 points, or 0.10%, at the open to 37,520.13. The S&P 500 opened lower by 3.64 points, or 0.08%, at 4,764.73.
19.12 / 09:39
Racing President performer beautiful innovations testing Old-School Wind Power Is Back for Cargo Shipping
Could sails make a comeback for cargo ships on the high seas? Major players in maritime shipping, looking for ways to cut carbon emissions and save on fuel, are trying out new ways to use old-fashioned wind power. But the devices being tested on some bulk freighters are far from old-fashioned—more like high-tech airplane wings than the canvas sails that once powered schooners and sloops. One version is the “WindWings" device developed by the Minneapolis-based agricultural giant Cargill and BAR Technologies, a U.K.-based company that has designed boats and advanced sails for the America’s Cup race.
07.12 / 12:52
Waves pandemic cover 2020 reports testing Crude Oil Dives Below $70, Eyes 50s: Inflation Set to Follow Suit?
Stocks finished lower as risk-off seemed to be a theme yesterday, with oil prices slumping below $70. Oil has been a harbinger of all things these days, and the best thing that can happen with oil, at least over the next 6 to 12 months, is to do nothing. Rising oil could stoke more inflation while falling oil suggests global growth is a real concern. Oil above $70 and below $90 would be ideal, but unfortunately, that is not happening.
06.12 / 03:43
Manufacturing Entertainment economy Nikkei show performer country fed rate cut Rate Cut Asian stocks rate cut bets Asian stocks surge as Fed rate cut bets offset China fears
Investing.com-- Most Asian stocks rallied on Wednesday as weak U.S. labor market indicators fueled more bets that the Federal Reserve had limited room to keep interest rates higher, helping investors look past a warning on China’s economy.
01.12 / 03:36
Provident Manufacturing economy Nikkei show country Asian stocks Asian stocks sink after stellar November, PMIs offer mixed cues
Investing.com-- Most Asian stocks retreated on Friday, seeing a measure of profit taking after clocking strong gains through November, with focus now turning to an upcoming address from Fed Chair Jerome Powell for more cues on interest rates. 
30.11 / 03:59
Manufacturing economy Nov Nikkei show country Asian stocks Asian stocks pressured by weak China data, but set for strong Nov
Investing.com-- Most Asian stocks kept to a tight range on Thursday after data from China pointed to sustained weakness in the region’s biggest economy, although most indexes were nursing strong gains for November. 
28.11 / 23:43
IPO Target Reuters JPMorgan Enterprise 2020 reports Shein, controversial fashion retailer, reportedly files for U.S. IPO
Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one of the most valuable China-founded companies to list in New York.
24.11 / 03:31
Provident Reuters economy Nikkei show performer Asian stocks Asian stocks dip amid weak economic cues, Hang Seng slides
Investing.com-- Most Asian stocks fell on Friday following weak economic signals from Japan and the euro zone, while steep losses in index heavyweight Chow Tai Fook Jewellery dragged Hong Kong’s Hang Seng index lower.
20.11 / 03:40
Provident NVIDIA Nikkei track testing Asian stocks Asian stocks cheered by China stimulus; Nikkei near 33-yr peak
Investing.com-- Most Asian stocks rose on Monday, tracking a rebound in Chinese markets on the promise of more government stimulus measures, while Japan’s Nikkei 225 briefly hit an over 30-year high. 
17.11 / 05:15
Provident economy NVIDIA Nikkei performer country cover Asian stocks Asian stocks dip, Alibaba leads China tech rout
Investing.com-- Most Asian stocks fell on Friday, cooling after marking some strong gains earlier this week, while Chinese technology stocks clocked steep losses after Alibaba flagged the impact of recent U.S. chip export curbs. 
16.11 / 18:31
information reports prevention NewsClick case: Fresh ED summons to American millionaire Neville Roy Singham
Neville Roy Singham for questioning in connection with its money laundering probe linked to online news portal Newsclick, the website in the eye of a storm for its alleged China bias and questionable patronage. Singham, who is accused of spreading Chinese propaganda in India, is reportedly based in Shanghai, China. The summons has been issued under the relevant provisions of the Prevention of Money Laundering Act. People in the know said the notice has been issued after a local court issued Letters Rogatory at the request of the federal agency seeking to record Singham's statement. The first summon was issued to Singham by the ED last year.
14.11 / 05:53
economy Nikkei show performer country social US CPI us cpi data Asian stocks Asian stocks creep higher ahead of US CPI data, China lags
Investing.com-- Most Asian stocks rose slightly on Tuesday, recovering a measure of recent losses as investors hunkered down before key U.S. inflation data, while Chinese markets lagged following weak lending activity data. 
08.11 / 07:03
Provident economy Nikkei President country reports Asian stocks Asian stocks muted as rate hike fears reemerge, China uncertainty weighs
Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday as recent comments from Federal Reserve officials suggested that the central bank may not be done raising interest rates. 
07.11 / 03:57
Provident economy Nikkei President show country Asian stocks Asian stocks sink as post-Fed rally cools; China trade, RBA in focus
Investing.com-- Asian stocks retreated on Tuesday after four straight days of gains as investors awaited more economic cues from China and Australia, while South Korean shares saw a heavy dose of profit taking. 
24.10 / 04:51
UPS Lowe's Manufacturing show Asian stocks Asian stocks dip on weak PMIs, China rebounds as state steps in
Investing.com-- Most Asian stocks extended recent losses on Tuesday following weak business activity readings from Japan and Australia, while Chinese markets rebounded from pre-pandemic lows as a state-run fund began snapping up some equities. 
19.10 / 11:01
UPS Reuters NIFTY SENSEX reports fall Market close: Nifty 50, Sensex fall for second consecutive session amid weak global cues
Nifty 50 today: Domestic market benchmarks the Sensex and the Nifty 50 closed in the negative territory for the second consecutive session on Thursday, October 19 amid weak global cues. Top Asian peers, including Japan's Nikkei, China's Shanghai Composite Index and Hong Kong's Hang Seng fell about two per cent each while in Europe, the UK's FTSE, Germany's DAX and France's CAC fell up to a per cent during the trade as investors remained worried over the prospects of an escalation of the Israel-Hamas war into a bigger regional crisis.
18.10 / 04:23
UPS economy show country hospital reports Asian stocks Asian stocks muted as M.East tensions offset China GDP cheer
Investing.com-- Most Asian stocks moved in a tight range on Wednesday as growing concerns over a spillover in the Israel-Hamas war dented risk appetite, largely offsetting positive data that showed China’s economy grew more than expected. 
16.10 / 05:39
economy COMPOSITE NIFTY Nikkei show performer Asian stocks Asian stocks weak as Middle East tensions persist, Nikkei tumbles
Investing.com-- Most Asian stocks retreated on Monday as concerns over the Israel-Hamas war kept risk sentiment weak, with Japan’s Nikkei index leading losses amid jitters before key inflation data this week. 
12.10 / 19:01
Provident CEO Strategy Fisker announces Shanghai retail lounge
Fisker Inc. (NYSE:FSR) announced Thursday that the American electric automaker intends to open its first retail lounge in Shanghai, China, as the company continues the roll-out of its China business.

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