City Shanghai Financial News

23.07 / 10:33

Parke Opera cover Redeveloped ITPO complex set to host G20 summit

New Delhi: The redeveloped Indian Trade Promotion Organisation (ITPO) complex, which will host G20 leaders' meetings in September, will be inaugurated on 26 July. "With a campus area of approximately 123 acres, the Pragati Maidan Complex proudly holds the title of India's largest MICE (meetings, incentives, conferences and exhibitions) destination," read a tweet by the Press Information Bureau.

23.07 / 05:59

Provident Target Platform Opera stage cover audience PM Modi likely to inaugurate redeveloped ITPO complex on July 26

New Delhi: Prime Minister Narendra Modi is likely to inaugurate on July 26 the redeveloped ITPO complex here, which will host the G20 leaders' meeting in September, official sources said on Sunday. The venue, also known as the Pragati Maidan complex, has a campus area of approximately 123 acres and is India's largest MICE (Meetings, Incentives, Conferences, and Exhibitions) destination.

20.07 / 14:11

business Blockchain Binance Report Liquid staking claims top spot in DeFi: Binance report

Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value locked (TVL), according to crypto exchange Binance’s Half-Year Report 2023.

20.07 / 09:29

Lowe's Entertainment film performer country NOT Not Even Tom Cruise Can Charm China’s Moviegoers Into Seeing Hollywood Films

Over the past decade, Fang Fang, a retiree living in Shanghai, has grown acquainted with Hollywood’s biggest exports: James Bond. Tom Cruise. The Fast & Furious crew.

19.07 / 04:21

UPS Citi Progressive Manufacturing HSBC How China beat everyone to be world leader in electric vehicles

China used for years as it turned into the biggest EV market on Earth. Beijing’s success is breathtaking. EVs accounted for a quarter of all passenger cars sold in China last year, far ahead of the roughly one in seven in the US and one in eight in Europe.

18.07 / 10:43

UPS Provident Strategy Align RBC Aurizon wants to carve 7 days off freight trip from Shanghai

Aurizon shares fell 5 per cent on Tuesday as the country’s largest ASX-listed rail freight company said earnings for the 2023 financial year would come in at the lower end of forecasts, which it had already downgraded.

18.07 / 07:25

UPS Citi Digital CNY Shenzhen, China: 36m Digital Yuan Wallets Opened So Far – CBDC Pilot Gathers Pace

The Chinese city of Shenzhen says its residents have opened almost 36 million digital yuan wallets, as the nation’s central bank digital currency (CBDC) pilot breaks new ground.

17.07 / 18:53

Disney CEO Dreams Parke Ex-Disney CEO Jeffrey Katzenberg with deep China ties, wife donate over $1.7 mn for Biden's reelection campaign

Despite having deep ties with China, former Disney CEO Jeffrey Katzenberg and his wife Marilyn recently donated more than $1.7 million to a fundraising committee of President Biden's reelection campaign. On 25 April, Biden’s campaign announced that Katzenberg would serve as one of its national co-chairs.

17.07 / 15:53

COST Provident Ripple Evergrande's overdue results show steep losses, liabilities

By Clare Jim

17.07 / 04:21

UPS Target Progressive Manufacturing Remark Why is China's economy struggling?

China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a more challenging picture. The comparison with last year, when Shanghai was enduring a Covid-related lockdown, will make Monday’s gross domestic product data look a lot better than was actually the case. GDP likely grew 7.1% for the quarter on a year-over-year basis, up from 4.5% in the previous period, according to economists surveyed by Bloomberg.

15.07 / 02:45

Citi MET Amazon CEO Remote work could wipe out $800B from office building value by 2030

Reventure Consulting and Reventure App CEO Nicholas Gerli says the housing market is in a «purgatorial» state on «Making Money.»

13.07 / 02:53

COST Reuters rate hikes end Gold holds steady on hopes of Fed nearing end of rate hikes

Gold prices held steady on Thursday after advancing more than 1% in the previous session, as U.S. inflation data raised hopes that the Federal Reserve would soon stop tightening its monetary policy. * Spot gold was almost unchanged at $1,957.48 per ounce by 0039 GMT.

13.07 / 02:03

UPS Twitter MET Cooper Remark Tesla Framework International elon Elon Musk thinks China is interested in an international AI framework

Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from conversations he had when he visited China a few weeks ago.Musk made the remarks in a Twitter Space event with two U.S. congressmen, Democrat Ro Khanna and Republican Mike Gallagher.

11.07 / 18:29

Reuters Amazon Manufacturing Nike Adidas lawmakers Bipartisan lawmakers question Milwaukee Tool on alleged forced labor in supply chain

By Katherine Masters

11.07 / 09:37

Target DOW COMPOSITE Nikkei KOSPI rate hikes Stock market today: Asian shares rise ahead of a US inflation update on hopes for easing rate hikes

Asian stock markets followed Wall Street higher Tuesday ahead of an update on U.S. consumer prices that traders hope will show inflation is easing, reducing the need for more interest rate hikes

11.07 / 09:37

Target DOW COMPOSITE DAX rate hikes Stock market today: Global shares rise ahead of US inflation update on hopes for easing rate hikes

Global stock markets are higher ahead of a U.S. inflation update that traders hope will show the need for more interest rate hikes is easing

11.07 / 08:35

UPS IPO AXY Citibank NSDL IPO: IDBI Bank, NSE, HDFC Bank, SBI, among major shareholders in the depository; take a look

offer for sale (OFS) of up to 57,260,001 shares. The National Stock Exchange of India Ltd, IDBI Bank, State Bank of India, HDFC Bank, Union Bank of India and the Administrator of the Specified Undertaking of the Unit Trust of India have announced to participate in the OFS. State Bank of India (SBI) and private lender HDFC Bank had earlier said that they propose to sell 2% stake each in NSDL by offloading 40 lakh shares each in the OFS.

10.07 / 21:07

Government regulation Congress Winter Olympics lawmakers CCP US lawmakers Prometheum US lawmakers allege CCP connection in calling for SEC, DOJ investigation of Prometheum

Six members of the United States Congress have called on the U.S. Securities and Exchange Commission (SEC) and Department of Justice to investigate Prometheum, claiming the firm has ties to the Chinese Communist Party.

10.07 / 10:55

AXY SUN NIFTY TCS SENSEX Sensex ends volatile trade 64 points higher; Nifty above 19,350

Reliance Industries. The 30-share BSE benchmark Sensex rose 64 points or 0.10% to settle at 65,344. The broader NSE Nifty surged 24 points or 0.12% to end at 19,356.

10.07 / 09:51

IPO fall China IPO applications fall by third in first half of 2023

Chinese exchanges, which vet initial public offering (IPO) plans, accepted around 330 new applications during the period, down from more than 500 a year earlier, exchange data shows. Although Beijing has adopted a registration-based system designed to let the market decide which companies list, bankers have said that the process largely remains at the discretion of authorities, using unwritten rules to decide on the grounds of national security or industrial policies.

10.07 / 05:59

Target Chase Marvell Vande Bharat’s appeal goes well beyond speed | Mint Primer | Mint

Trains Running On Time Have Been Overtaken By Spee... moreTrains Running On Time Have Been Overtaken By Speed As A Talking Point. When Exactly This Happened Is Hard To Identify.

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