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Shanghai Daily,上海日报
Latest news:


China’s forex capital flows most balanced in 3 years

CHINA’S forex regulator said yesterday the country was seeing its most balanced forex market supply and demand in three years due to improving economies at home and abroad as well as an intensified crackdown ...

July 21, 2017, Friday

Shanghai’s H2 foreign trade set to be strong

SHANGHAI’S foreign trade is set to remain strong in the second half of the year but the pace of growth may slow amid global economic uncertainty and slower gains of commodity prices, local customs said ...

July 21, 2017, Friday

Shares rise on repo injection

SHANGHAI shares rose for the third straight day yesterday boosted by graphene and battery producers and also by the Chinese central bank’s injection of funds into the banking system. The Shanghai Composite ...

July 21, 2017, Friday

Morgan Stanley Q2 profit beats expectations

MORGAN Stanley beat Wall Street's profit expectations yesterday, reporting gains across most of its businesses and producing more trading revenue than rival Goldman Sachs Group Inc, a rare feat. The ...

July 20, 2017, Thursday

Shares post 3-month high close

Shanghai stocks rebounded to a three-month high yesterday amid gains made by coal mining and nonferrous metal companies following their “better-than-expected” mid-year performance, analysts said....

July 20, 2017, Thursday

China, Poland: a lot in common

POLAND is offering incentives to improve the investment environment for Chinese companies to do business there, Poland officials said recently in Shanghai. China plans to tap into Poland’s strong technology ...

July 20, 2017, Thursday

Rising interest rates lift BofA’s profits

CONSUMER banking giant Bank of America reported a 10 percent rise in second-quarter profits yesterday as gains from higher interest rates were more than enough to offset a drop in trading revenue. The ...

July 19, 2017, Wednesday

Property firms can use bonds for funds

CHINA has relaxed curbs on property firms seeking funds in offshore and onshore bond markets, people familiar with the matter say, a move that could allow fresh capital into a sector that has struggled ...

July 19, 2017, Wednesday

New body to oversee financial work

CHINA’S newly announced Cabinet committee on financial stability and development will mainly be responsible for the coordination of the country’s financial reform, development and regulation, according ...

July 19, 2017, Wednesday

Coal and steel firms gain to boost shares

SHANGHAI stocks rebounded yesterday as coal and steel companies rose amid a recovery in China’s “real economy,” analysts said. The Shanghai Composite Index gained 0.35 percent to close at 3,187.57 points. The ...

July 19, 2017, Wednesday


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