U.S. stocks are set for a four consecutive day of gains as record retail sales, and a potential breakthrough in coronavirus treatment strategies, continues to push bets for a so-called V-shaped … ( read original…
FINANCE
China shares end nearly flat on Bejing’s movement curbs to contain fresh virus cases
China shares closed little changed on Wednesday, as investors remained cautious due to Beijing’s curbs on travel and movement in some areas to contain a resurgence in the new coronavirus cases in the … (…
China’s CPIC rises after $1.8 billion London debut
Shares in China Pacific Insurance Co (CPIC) rose on their London market debut on Wednesday, in a boost for a stock exchange link-up between Britain and China designed to improve investment and trade … (…
Beijing Cancels Flights; Sinopharm Stock Soars: Virus Update
China is escalating containment measures in Beijing as it grapples with how to stem a growing outbreak that’s now topped 130 cases without sealing off its most important city. Authorities of the … ( read…
China’s Tumbling Bond Market Needs a Big Liquidity Injection
Investors in China’s tumbling sovereign bonds are counting on Beijing to unleash more cash into the financial system.A flood of issuance, liquidity withdrawals and returning risk appetite globally … ( read original story …)
China says it does not want to see any more clashes on border with India
China said on Wednesday it does not want to see any more clashes on the border with India following a clash on Monday that killed at least 20 Indian soldiers, adding that both countries are…
Wall Street Struggles to Avert Peril in Latest U.S.-China Flashpoint
China trade war, but it could be among the biggest losers from the latest flashpoint between the two nations — and it’s struggling to mount a defense. ( read original story …)
Flirting With Danger: Message Apps Add To China Marital Woes
Divorce is rising in China due to a range of factors, causing a concerned government pass a law in May imposing a month-long “cooling-off” period on feuding couples before they split. But thanks to ……
Exclusive: EY finds China copper smelter Fangyuan has misstated accounts – sources
A report by auditor EY found that Shandong Fangyuan Nonferrous Metals Group, China’s biggest privately held copper smelter, has been overstating its profit and production levels while understating its … ( read original story …)
China’s JD.com to Start Trading in Hong Kong on June 18
Alicia Yap, head of Pan Asia internet research at Citigroup Inc., talks about the upcoming Hong Kong trading debut of China’s No. 2 online retailer JD.com Inc. The company, which is already listed on … (…
Investment in Israeli financial tech firms doubled in 2019
Investments in Israeli financial technology firms rose 107% in 2019 to a record $1.8 billion, according to a report released on Wednesday by Start-Up Nation Central. TEL AVIV, June 17 (Reuters) – … ( read…
China’s Great Firewall Looms Over Hong Kong As Surveillance Grows
Hong Kong, already grappling with tightened policing to rein in widespread protests that followed last year’s proposed extradition bill, is now bracing for the prospect of stricter digital controls — … ( read original story …)
Beijing Reports 31 New Cases; Japan Export Slumps: Virus Update
Beijing has ordered all schools to close and imposed restrictions on visits to all residential compounds in an escalation of measures to halt a fresh outbreak. The Chinese capital city reported 31 … ( read…
