City Shanghai Financial News

07.10 / 01:23

Ethereum ETH Provident Target JPMorgan Platform reports JPMorgan Report: Ethereum's Centralization Increased Post Merge and Shanghai Upgrades

Ethereum's recent surge in ether (ETH) staking, spurred by the Merge and Shanghai upgrades, has raised concerns surrounding centralization and reduced overall staking yields, according to a Thursday report by JPMorgan.

06.10 / 15:05

Provident Metro WhatsApp cover travelers ICC World Cup 2023: Delhi Metro adds trains, extends timings for match days

ALSO READ: What Delhi Metro can learn from its peers in Paris, Shanghai and London Meanwhile the DMRC said on Thursday that commuters would now be able to travel on all corridors of the rapid transit system – including the Gurugram Rapid Metro – using a WhatsApp-based ticketing service. Passengers can now simply send a message with the text 'Hi' to 91 9650855800 on WhatsApp or scan the provided QR code to effortlessly purchase metro tickets using their smartphones across the whole network.

06.10 / 14:39

business Ethereum Proof-of-stake Staking Ethereum staking Rise of Ethereum staking came at cost of higher centralization — JPMorgan

The rise of Ethereum staking since major network upgrades, the Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said.

06.10 / 11:59

Metro What Delhi Metro can learn from its peers in Paris, Shanghai and London

Yashi Tandon is lead knowledge analyst, team lead, BCG; Nitima Malhotra is principal, BCG; and Rajat Modwel is managing director and partner, BCG. Views are personal.

02.10 / 19:51

ETF SEC Bitcoin crypto ETFs SEC continues to delay decisions on crypto ETFs: Law Decoded

Despite United States Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres calling on the Securities and Exchange Commission (SEC) to immediately approve the listing of spot Bitcoin (BTC) exchange-traded funds (ETFs), the agency once again delayed its decision.

02.10 / 16:01

UPS Target Compilation Tesla show Tesla deliveries slide as factory closures slow production

Tesla shipped 435,059 cars globally in the third quarter, as factory downtime led to its first delivery decline in more than a year.

02.10 / 13:15

COST UPS Citi WhatsApp Southern country reports Ft Average office rent in India's top 7 cities at ₹33- ₹166/sq ft, among lowest globally: Vestian

₹33 to ₹166 – a square foot per month, which is the lowest among world's leading markets, as per a report released by real estate consultancy group Vestian. In contrast, the monthly average rent in New York, London, Miami, Seattle and Boston is $40-80 per sq ft, and in Hong Kong, Singapore and Shanghai, it is in the range of $3-8 per sq ft a month, according to the data compiled by Vestian. Among the seven Indian cities – New Delhi, Mumbai, Kolkata, Chennai, Pune, Hyderabad and Bengaluru – the highest average office rentals were observed in Mumbai, the country's financial hub, where it ranges from $1-2.

01.10 / 11:48

Manufacturing Tesla Tesla launches updated Model Y in China, keeps starting price unchanged

SHANGHAI (Reuters) — U.S. automaker Tesla (NASDAQ:TSLA) on Sunday released an updated version of its Model Y in China, with minor changes to the vehicle's exterior and interior.

29.09 / 12:58

UPS Citi Target Tesla TSLA reports Analysts cut 3Q delivery estimates on Tesla

Shares of Tesla (NASDAQ:TSLA) are up in pre-market trading Friday despite estimates being cut by analysts from three different firms today.

29.09 / 12:05

UPS DOW economy DAX reports Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday

Shares are higher in Europe after a mixed day of sparse trading in Asia, where many markets were closed for public holidays

29.09 / 12:05

Citi Booking economy pandemic country travelers Millions take to China's railways, roads, air for autumn holiday

Many millions of Chinese tourists are expected to travel within their country, splurging on hotels, tours, attractions and meals in a boost to the economy during the 8-day autumn holiday period that began Friday

29.09 / 11:37

Ethereum BTC Digital ETF show testing events Bitcoin Price Prediction: BTC Rises by 2.50% Following a String of Fundamental Events

Bitcoin (BTC), the world's largest cryptocurrency, experienced some gains but remained below the $27,000 mark on Friday morning.

29.09 / 01:13

UPS Citi Digital China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees

Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption efforts continue.

28.09 / 12:17

UPS CEO Platform Tesla innovations reports Exclusive-China's Nio explores investment, tech alliances with Mercedes - sources

SHANGHAI (Reuters) — Nio (NYSE:NIO) has held exploratory talks with Mercedes-Benz (OTC:MBGAF) for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.

28.09 / 09:13

UPS Lowe's DRC country NOT China's strong metal imports not as bullish as they seem: Andy Home

By Andy Home

28.09 / 01:11

VISA Platform economy pandemic travelers Holidays at home for record number of Chinese as economic slowdown bites

By Casey Hall and Sophie Yu

27.09 / 06:57

markets Derivatives S&P 500 Bitcoin Will Bitcoin price hold $26K ahead of monthly $3B BTC options expiry?

The upcoming $3 billion in Bitcoin (BTC) monthly options expiration on Sep. 29 could prove pivotal for the $26,000 support level.

27.09 / 01:51

COST Manufacturing Tesla reports Tesla Shanghai plant produces Model Y vehicles with cost-cutting methods - report

(Corrects to clarify method is not new and report was only referring to rear production)

26.09 / 15:09

UPS Tesla TSLA country reports Tesla is subject to EU Chinese anti-subsidy probe

The Financial Times reports Tuesday morning that Tesla (NASDAQ:TSLA), along with other European carmakers exporting from China, will be part of a probe by the EU into whether the country's electric vehicles industry is receiving unfair subsidies.

26.09 / 14:57

Court Bitcoin Bitcoin Gains Recognition As A Unique, Non-Replicable Digital Asset Following Chinese Court Report

The Shanghai Second Intermediate People's Court in China has explained that Bitcoin (BTC) stands out as a unique virtual asset based on several attributes including its scarce nature.

26.09 / 10:55

Provident Manufacturing Software Tesla BMW President 2020 Tesla’s China exports in crosshairs of EU anti-subsidy probe

China: Tesla Inc. During the evidence-gathering that precipitated this month’s surprise announcement of an EU anti-subsidy probe into Chinese EVs, the US carmaker was among the companies found to have likely benefited, according to people familiar with the matter. Tesla shares fell 1.6% in premarket trading at 5:58 a.m.

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