City Shanghai Financial News
18.09 / 02:27
Lowe's
NIFTY
performer
country
Asian stocks
Asian stocks dip ahead of Fed, Hong Kong shares slump
Investing.com-- Most Asian stocks fell on Monday as investors remained broadly risk-off before a string of major central bank rate decisions this week, with the Federal Reserve being the main point of focus.
18.09 / 00:11
Blockchain
COST
UPS
Provident
Racing
electronic
Centre
chess
ASX’s CHESS problem sinks Australia’s finance centre ranking
Australia has lost its reputation for being at the cutting edge of financial markets technology, and its restoration requires the ASX to face more competitive pressures and for regulators to encourage blockchain’s homegrown adoption.
16.09 / 10:21
14.09 / 17:49
COST
UPS
Manufacturing
Racing
Tesla
UBS
Europe’s EV Troubles Run Deeper Than China
China is speeding ahead in the electric-vehicle race. Europe’s antisubsidy investigation into Chinese EV makers reflects this new reality, but tariffs alone aren’t enough to keep Europe’s automakers in the fast lane. The European Union has launched a probe into whether state subsidies have given Chinese EV makers an unfair leg up as they accelerate into European markets.
14.09 / 06:01
Facebook
Twitter
BLOCK
Platform
Tesla
social
elon
Taiwan blasts Elon Musk over latest China comments
TAIPEI (Reuters) — Taiwan is «not for sale», the island's foreign minister said in a stern rebuke to Elon Musk who asserted Taiwan was an integral part of China, as the billionaire again waded into the thorny issue of relations between Beijing and Taipei.
14.09 / 04:37
14.09 / 02:51
UPS
Lowe's
Tesla
European Commission
show
fall
Shares of Chinese EV makers fall after EU opens anti-subsidy probe
shares of Chinese electric vehicle (EV) makers fell on Thursday after the European Commission launched an investigation into Chinese subsidies for EVs, escalating tensions between Beijing and the EU. European Commission President Ursula von der Leyen announced the investigation in her annual address to lawmakers on Wednesday, saying: "Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies."Hong Kong shares of market leader BYD fell more than 3%.
13.09 / 22:27
13.09 / 06:47
NFT
Italian Luxury Brand Panerai to Include NFT-Based "Digital Passport" with All Watches
Italian luxury watch manufacturer Panerai has revealed plans to include an NFT-based "digital passport" with every watch sold after October 3.
12.09 / 09:23
UPS
Apple
COMPOSITE
performer
Stock market today: Asian shares trade mixed after Big Tech rally on Wall Street
Asian shares are trading mixed following a Big Tech rally on Wall Street, as investors watch for an update on U.S. consumer prices set for later in the week
12.09 / 04:37
UPS
Apple
COMPOSITE
performer
Stock market today: Asian shares mostly slide despite Big Tech rally on Wall Street
Asian shares are mostly lower despite a Big Tech rally on Wall Street, as investors look ahead to data on U.S. consumer prices set for later in the week
12.09 / 04:16
UPS
Citi
FIVE
show
country
Country Garden secures bondholder reprieve, sources say; shares soar
SHANGHAI/BEIJING (Reuters) -China's largest private property developer Country Garden won approval from its creditors to extend repayments on six onshore bonds by three years, two sources familiar with the matter said on Tuesday, sending shares up as much as 10%.
11.09 / 15:59
UPS
Lowe's
Man
COMPOSITE
Japan Has a Long History of Disappointing Investors. Why This Rally Might Be Different.
TOKYO—Japan’s stock market has ripped higher this year. Money managers think that this time, the gains might actually last. Corporate policy changes pushed by the country’s stock exchange, an endorsement from Warren Buffett and relatively low valuations have helped Japanese stocks become one of the best-performing markets in the world this year.
11.09 / 15:59
UPS
Art
Cooper
SUN
country
A thick alphabet soup of global entities has been getting thicker
G20 meeting in New Delhi. Xi has not missed a single G20 since he came to power in 2012. Whether Xi’s absence is a snub aimed at India or whether China is turning against the construct of the G20 itself, only time will tell.
11.09 / 15:13
UPS
FIVE
Volkswagen
Mercedes-Benz
Toyota
show
The Car Show Will Go On
“International" car shows have a more national flavor these days, but that doesn’t mean the format is dying. The North American International Auto Show launches this week in Detroit, hot on the heels of IAA Mobility in Germany last week. These were traditionally among the “big five" global car shows alongside those in Paris, Geneva and Tokyo, before the pandemic broke a tradition already under strain.
11.09 / 10:35
UPS
Cooper
Progressive
Platform
Action
country
G20 summit agrees on words but struggles on action
Diplomats and analysts said the surprise consensus in the summit statement on the Russia-Ukraine conflict avoided a split in the group, and the inclusion of the African Union as a new member represented a victory for host India and for developing economies, but the rest was disappointing. «The G20 has been at its best as a multilateral forum when it can forge consensus — not just on language, but on action — to deal with serious global issues, such as global financial crises,» said Michael Froman, president of the New York-based Council on Foreign Relations. «Looking ahead, the focus should be on that, not on the statement per se,» said Froman, a former U.S.
10.09 / 18:43
UPS
Lowe's
country
star
China relaxes rules for insurers to invest in stock markets
BEIJING (Reuters) — China's financial regulator on Sunday reduced the risk weighting it attaches to insurance companies' holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country's lagging stock market.
10.09 / 18:43
08.09 / 09:39
business
Adoption
Web3
Ant
Web3 Developers
Ant Group launches new blockchain brand for Web3 developers
Ant Group, the owner of the world’s largest mobile payment platform, Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers.
08.09 / 07:47
what's happening in city Shanghai
What is the current situation in city Shanghai?
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The news landscape of city Shanghai is shaped by the region’s internal dynamics, reflecting its specific characteristics.