City Shanghai Financial News

23.04 / 06:16

FIVE Career Racing Celebrity track sprint Another race, another victory for Red Bull's Max Verstappen at Chinese GP

victory in five races this season and his 23rd in the last 27 extending through last season. Only a brake failure last month at the Australian GP in Melbourne probably kept him from sweeping all five. Verstappen trailed for only a few laps following a pit stop. Lando Norris of McLaren was about 14 seconds behind Verstappen in second — the eighth time he has been No. 2 in his career as he still seeks his first victory. Verstappen's Red Bull teammate Sergio Perez was third.

19.04 / 08:21

markets UPS Nikkei Trade electronic reports Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flare

Asian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights

19.04 / 05:59

markets UPS Nikkei Trade electronic reports Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare

Asian stocks have tumbled, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights

17.04 / 03:57

markets Provident economy Trade Refugees reports International Gold steady as geopolitical risks counter higher treasury yields

Gold prices held steady on Wednesday as safe-haven demand for bullion amid the Middle East conflict partially offset pressure from higher U.S. Treasury yields. FUNDAMENTALS

16.04 / 17:53

markets UPS Citi security Research Trade Gold price eases despite Iran-Israel tensions; silver surges 1.4%

Gold prices likely to go up to $3,000 an ounce: Citi Report Additionally, Monday's data revealed that U.S. retail sales had surpassed expectations for March. Concurrently, 10-year Treasury yields had risen for the second consecutive day, diminishing the attractiveness of non-yielding bullion.

16.04 / 10:34

markets UPS economy Trade show track reports Stock market today: World shares track slump on Wall St triggered by strong US spending data

Shares have skidded in Europe and Asia following a slump on Wall Street after a report showed American shoppers spent more at retailers last month than expected

16.04 / 10:33

markets UPS economy Trade reports International Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks

16.04 / 10:33

markets Trade President students Universities country reports Germany's Scholz calls for fair competition and warns against dumping during China visit

German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday

16.04 / 10:23

markets UPS Nikkei Trade Stock market today: Sensex, Nifty fall for 3rd consecutive session; IT stocks among top drags; mid, smallcaps outperform

Wipro, HCL Tech and TCS among the top losers, amid weak global cues. Weak global cues kept the mood low back home as strong US retail sales print for March strengthened worries that the US Federal Reserve may delay rate cuts this year.

15.04 / 12:53

markets Reuters Fox CEO Tesla reports International Tesla to lay off more than 10% of workforce, report says

Former Tesla board member Steve Westly joins ‘Varney & Co.’ to break down the automakers' 1Q delivery report and its potential impact on the stock market.

14.04 / 08:46

markets Citi Trade President Relationships Destinations Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict

German Chancellor Olaf Scholz has arrived in China on a visit focused on the increasingly tense economic relationship between the sides and differences over Russia's invasion of Ukraine

13.04 / 11:17

UPS Citi Reuters Research Trade Inside The ambitious Singaporean hedge fund that's hiring across Asia

Dymon Asia Capital, the Singapore-based hedge fund, was opening a new office in Mumbai last time we checked. It’s been a while, however. Dymon already has offices in Hong Kong, Shanghai, Tokyo, Malaysia, and has its eyes on Dubai, with Mumbai now up and running.

13.04 / 04:45

markets DOW Trade show country Global markets mixed after Wall St rebound led by Big Tech

markets retreated despite a tech-fueled rebound on Wall Street the day before. Oil prices were higher. The future for the S&P 500 slipped 0.1% while that for Dow Jones Industrial Average edged 0.1% higher.

11.04 / 04:29

COST UPS Progressive Trade Rate Cut Gold flat as sticky US inflation tempers hopes for early rate cut

Gold prices were little changed on Thursday, as the U.S. dollar and Treasury yields firmed after hotter-than-expected inflation data tempered hopes for an early interest rate cut.

10.04 / 17:55

markets Reuters Strategy Research Trade International Gold Prices Gold prices drop from all-time highs over strong US inflation figures

Gold price today: Gold rates move higher on MCX; what should be your strategy for MCX Gold today? Even though bullion is often touted as a hedge against inflation, its attractiveness tends to diminish in periods of elevated interest rates. On Tuesday, bullion prices reached an all-time high of $2,365.09. "Since mid-March, both gold and silver prices have been steadily climbing, reaching all-time highs in both international and domestic markets.

10.04 / 09:33

markets UPS Nikkei reports Updates Stock market today: Asian markets are mixed after a slow day on Wall St ahead of US inflation update

Shares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports

10.04 / 09:33

markets UPS Fitch Nikkei reports Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlook

Shares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports

09.04 / 02:49

markets UPS Manufacturing MSCI Trade show Asian stocks Asian stocks rise; metals fly on manufacturing bets

metals prices extended their gains on Tuesday with expectations of a worldwide manufacturing rebound, while Asian shares crept up a little more cautiously ahead of this week's U.S. inflation data and a crucial European Central Bank meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%. Japan's Nikkei rose 0.6%.

09.04 / 02:49

markets UPS WhatsApp show reports Gold Prices Gold prices edge higher as markets await Fed minutes, CPI data

Gold prices edged up on Tuesday, hovering slightly below a record high as investors awaited the U.S. Federal Reserve's policy meeting minutes and key inflation data for cues on the timing and depth of interest rate cuts.

08.04 / 10:41

Citizens Discover crypto regulation information reports Investigations Beijing Police Uncovers Illegal Sale of Citizen Information Involving $282M Worth of Crypto

The Beijing police, in collaboration with the Beijing Branch of the State Administration of Foreign Exchange, has uncovered a series of cases involving the illegal sale of citizen information using crypto.

08.04 / 03:57

markets UPS Provident ETF Platform economy Trade The gold market hunts for answers behind bullion’s sudden surge

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously seen as a “safe haven,” and the general view is that bullion prices should rise when interest rates fall — which many investors expect will happen later this year. And yet. Take a closer look, and it’s far from clear: why is gold suddenly rising right now?

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