City Shanghai Financial News

25.01 / 14:47

BitMEX Bitcoin Underground Chinese Crypto Market Thriving + More Crypto News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news.

25.01 / 03:13

markets UPS MSCI Nikkei Trade show China stocks bounce loses steam; focus turns to ECB

Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China's stimulus plans and for a European Central Bank meeting later in the session.

24.01 / 22:01

markets UPS Action Trade blues reports Marketmind: China optimism spreads, S Korea GDP in focus

By Jamie McGeever

24.01 / 09:47

markets UPS economy Enterprise 2020 reports Hong Kong stocks bounce after PBOC announces rate RRR cut, China up

By Summer Zhen

24.01 / 05:43

markets Manufacturing Netflix Trade actress 2020 reports Marketmind: No luck for China stocks, or for Barbie

A look at the day ahead in European and global markets from Ankur Banerjee

24.01 / 05:43

markets FIVE Nikkei performer track reports Asian stocks Asian stocks dip as Japan sees profit-taking; Alibaba fuels HK tech rally

Investing.com-- Most Asian stocks retreated on Wednesday as mixed signals from the Bank of Japan spurred some profit-taking in Japanese markets, while Hong Kong stocks rebounded sharply on a tech-fueled rally led by Alibaba Group.

24.01 / 03:17

markets UPS MSCI Nikkei performer blues reports Asian stocks Asian stocks gain as potential China rescue package lifts mood

Chinese authorities will offer support for its stock markets, which have plummeted to multi-year lows, while a hawkish tilt from the Bank of Japan lifted the yen.

23.01 / 17:55

markets economy Nikkei Trade show reports Asian stocks Stock market today: Asian stocks gain after Wall St's latest record. Bank of Japan keeps policy lax

Asian shares are mostly gaining after Wall Street built on its all-time high reached last week, while Japan's central bank has kept its easy credit policy intact

23.01 / 17:55

Action Food reports testing rights Videos Filipino fisherman to China's coast guard on disputed shoal: `This is Philippine territory. Go away'

A Filipino fishing boat captain is protesting the Chinese coast guard’s aggression in the disputed South China Sea where he asserts that Chinese officers forcibly drove him and his men away from a disputed shoal

23.01 / 11:27

CBDC China Proposes Digital Yuan’s Accelerated Adoption in Beijing and Shanghai

China authorities have proposed new policies to accelerate the adoption of digital yuan in designated districts in Beijing and Shanghai.

23.01 / 02:53

markets UPS Citi Sustainability Research trends China's residential foreclosures increase 43% in 2023

China rose 43% year-on-year in 2023, according to a private survey on Monday, highlighting a worrying trend of rising mortgage delinquencies amid a sustained property market slump and a patchy economic recovery. The number of foreclosed homes up for auction stood at 389,000 units last year, said China Index Academy, a major independent real estate research firm. A total of 99,000 units worth a combined 150 billion yuan ($20.84 billion) were successfully sold at auctions, the firm said.

22.01 / 12:53

markets FIVE Reuters economy trends country reports Support China pledges to take more forceful measures to support market confidence

BEIJING (Reuters) — China will take more forceful and effective measures to support market confidence, state media CCTV reported on Monday, citing a cabinet meeting, following a plunge in Chinese shares.

20.01 / 06:13

markets UPS economy Enterprise Trade China’s $6.3 trillion stock selloff is getting uglier by the day

Grim milestones have kept piling up in recent days: Tokyo has overtaken Shanghai as Asia’s biggest equity market, while India’s valuation premium over China has hit a record. Locally, a meltdown in Chinese shares is wreaking havoc on the nation’s asset management industry, pushing mutual fund closures to a five-year high. The Hang Seng China Enterprises Index has already lost 11% in 2024.

20.01 / 04:49

UPS Election Food performer reports Courts week Top news this week: Pakistan-Iran row, Davos 2024, Reliance Q3 results, Sony-Zee merger, and more

Read more here Reliance Industries Limited reported a 10.9% increase in its net profit to ₹19,641 crore in the third quarter of FY 23-24. The company's total revenue from operations stood at ₹2,27,970 crore during the quarter under review. The robust performance of the oil and gas segments was one of the major highlights of the quarterly results of Mukesh Ambani's firm.

19.01 / 11:39

Provident security show reports Investigations Relationships ABB's China operations under investigation by U.S. Congress

ZURICH (Reuters) — Swiss engineering group ABB (ST:ABB)'s operations in China are being scrutinised by two U.S. Congress committees dedicated to investigating security threats and risks posed by Beijing, documents showed on Friday.

19.01 / 09:11

markets Reuters Strategy economy wellness country Updates Bridgewater draws more investors in China, nearly doubles assets

By Summer Zhen and Samuel Shen

19.01 / 04:26

markets Target security economy Fitch show reports Broker China’s biggest stock broker suspends short-selling as markets tumble- BBG

Investing.com-- CITIC Securities Co Ltd (SS:600030), China’s biggest brokerage, restricted short-selling for some clients amid growing, outsized losses in local stock markets, Bloomberg reported on Friday citing people with knowledge of the matter.

19.01 / 02:17

COST Manufacturing economy HANS Caseys Trade Red Sea crisis pressures China's exporters as shipping delays, costs mount

By Samuel Shen, Casey Hall and Ellen Zhang

18.01 / 09:11

CBDC USDT Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case

A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China.

18.01 / 01:27

Waters wellness Trade country exclusive peace China, Philippines seek better communication, management of conflicts in South China Sea

BEIJING (Reuters) -China and the Philippines agreed to improve maritime communication and to properly manage conflicts and differences through friendly talks in regards to issues around the South China Sea, according to a statement from the Chinese foreign ministry.

17.01 / 10:35

Ethereum Citi Provident stars testing Features Ethereum Completes Dencun Network Upgrade on Goerli Testnet

Ethereum has successfully implemented the Dencun network upgrad on the Goerli testnet.

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