City Shanghai Financial News

11.08 / 05:13

UPS Citi Lowe's country Low Country Garden shares hit record low on loss forecast, restructuring fears

By Clare Jim

11.08 / 02:16

COST BLOCK ETF Chinese bourses improve trading mechanism to revive stock market

HONG KONG (Reuters) — Shanghai and Shenzhen stock exchanges said late Thursday they would study measures to lower investors' trading costs and improve liquidity to further stimulate the market.

10.08 / 15:43

FIVE BLOCK Citizens country A global law firm separates from its Chinese partner, citing cybersecurity and data rules

The decision by Dentons follows warnings by business groups that global companies are postponing or shifting investment away from China due to concern about an expanded anti-espionage law, tighter controls on business, a data security crackdown and raids on foreign consulting firms. Dentons said it was separating from Beijing Dacheng Law Offices due to changes in cybersecurity and data protection but gave no details. Dentons said in a statement Dacheng will be a «separate, standalone firm» that is its «preferred law firm» for clients with needs in China.

10.08 / 04:37

Facebook Apple film show country social China mandates all apps to share business details in new oversight push

The Ministry of Industry and Information Technology (MIIT) said late on Tuesday that apps without proper filings will be punished after the grace period that will end in March next year, a move that experts say would potentially restrict the number of apps and hit small developers hard. You Yunting, a lawyer with Shanghai-based DeBund Law Offices, said the order is effectively requiring approvals from the ministry.

10.08 / 03:09

UPS COMPOSITE MSCI Nikkei show Asian shares slip on China worries; US inflation figures awaited

Federal Reserve's monetary policy path. The announcement of a U.S. ban on investments in sensitive technologies in the world's second-largest economy also weighed on sentiment.

09.08 / 09:33

COST Provident Target Platform Parke Opera audience Explainer Centre Mint Explainer: What makes ITPO, India’s new convention centre, special?

₹2,700 crore. Mint details the features of the new convention centre, which is one of the largest in the world. • The Pragati Maidan Ccomplex with a campus area of approximately 123 acres is India’s largest MICE (meetings, incentives, conferences, and exhibitions) destination.

09.08 / 05:53

UPS SoftBank Nikkei country Asian stocks Asian stocks slip on weak Chinese inflation, disappointing earnings

Investing.com — Most Asian stocks fell slightly on Wednesday as weak Chinese inflation data drummed up concerns over the region’s biggest economy, while a batch of weak earnings also weighed.

09.08 / 05:53

UPS Provident Target electronic Chinese healthcare stocks hit by stepped up anti-graft crackdown

SHANGHAI (Reuters) — A year-long slump in China's healthcare stocks has accelerated this week as an anti-corruption campaign gathers pace, threatening the sales of some drug makers and medical equipment producers.

09.08 / 03:49

UPS Lowe's Action ANZ show fall China's consumer prices fall in July as deflation risks build

BEIJING (Reuters) -China's consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the economy.

09.08 / 03:17

Reuters Action COMPOSITE ANZ show recovery China swings into deflation as recovery falters

BEIJING (Reuters) -China's consumer prices fell into deflation in July, while factory gate prices extended their declines, as the world's second-largest economy struggled to revive demand and pressure mounted for authorities to release more direct stimulus.

08.08 / 06:37

COMPOSITE SENSEX Nikkei Viatris KOSPI show Stock market today: Asia mixed after Wall St rallies ahead of US inflation update

Asian stocks are mixed after Wall Street rallied and Japanese wages rose ahead of a U.S. inflation update that might influence Federal Reserve plans for possible interest rate hikes

07.08 / 13:35

Lowe's FIVE Reuters Manufacturing show Support Yuan loses core support as firms leave China

By Samuel Shen and Tom Westbrook

06.08 / 02:11

Citi Provident Platform show country social Ten injured, buildings collapse as 5.4 quake hits east China

earthquake struck eastern China in the early hours of Sunday, the US Geological Survey (USGS) said, with state media reporting at least 10 people injured and dozens of buildings collapsed. Videos on social media showed shaking light fixtures, trembling ground and people evacuating their buildings, with one clip showing people walking past bricks scattered on the ground.

04.08 / 17:55

Platform electronic Superconductors’ Viral ‘LK-99’ Moment Takes Investors for a Wild Ride

stock prices soar and fall as the LK-99 video went viral. The investor attention prompted Shanghai-listed Benefo, which rose 34% in recent days, to clarify that it has no related work now to room-temperature superconductivity.

04.08 / 09:29

UPS Lowe's Tesla Highways SpaceX country Why China fears Starlink

Elon Musk, to deny Taiwan access to Starlink. Mr Musk’s other big firm, Tesla, has a large factory in Shanghai. Last year he suggested giving China some control over Taiwan in order to resolve their dispute.

04.08 / 05:09

Cooper country India, Kazakhstan discuss bilateral, regional issues at fourth Security Dialogue held in Astana

India and Kazakhstan on Thursday discussed bilateral, regional issues at the fourth Security Dialogue held in Astana. The two countries also discussed the situation in Afghanistan and international issues of mutual concern, according to an official release.

04.08 / 02:41

UPS Provident Fitch MSCI Nikkei show Asian shares rise as investor focus turns to US payrolls

Asian shares rose on Friday, while the dollar pulled back from a one-month peak as investors took stock of the slew of U.S. economic data that showed a resilient labour market ahead of a crucial non-farm payrolls report due later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.46% higher after dropping 2.3% on Thursday.

03.08 / 00:53

Citi SUN Career Huawei Unemployment With record youth unemployment, China’s jobs market is getting tougher for new graduates to crack

BEIJING — Ask young people about the Chinese job market, and the frequent answer is things are more difficult this year.

02.08 / 10:27

Booking NIFTY SENSEX Nestle VIX track Top losers, gainers today: Tata Steel, Tata Motors, Nestle India, Asian Paints among most active stocks

Nifty had a significant decline on Wednesday's trading session as a result of negative economic data coming out of China, the euro zone, and the US, which prompted caution and had an impact on the risk sentiment. The Nifty 50 index was down 1.05% at 19,526.55, while the S&P BSE Sensex fell 1.02% to 65,782.78. Also, the fear gauge index, India VIX soared and closed 9.67% higher amid negative cues from global markets.

01.08 / 20:47

NASDAQ HSBC DAX Pfizer reports 500 Global markets update: S&P 500, Nasdaq edge lower on mixed set of earnings reports

Pfizer edged 1.2% lower after its quarterly revenue fell short of analysts’ expectations. European stocks declined on Tuesday, on shrinking factory activity in the euro zone. The pan-European benchmark STOXX 600 fell 0.9%.

31.07 / 13:53

Blockchain regulation Chinese city implements plan for blockchain digital infrastructure system by 2025

The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage.

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