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Shanghai Daily,上海日报

Finance


Central bank to cut interest rates

THE People's Bank of China, the central bank, announced on Saturday that it will cut the benchmark deposit and loan interest rates by 0.25 basis point starting March 1. ...

February 28, 2015, Saturday


Capital gains tax on stocks likely

China is planning to levy tax on capital gains derived from trading of domestic securities by foreign fund managers during the five years through November 2014, a move that may result in a large cut in...

February 28, 2015, Saturday


Better returns expected as more funds go into services

China can expect to see better investment returns as more funds are injected into the country’s service industry, US investment firm Kohlberg Kravis Robers Co LP said in a report yesterday. ...

February 28, 2015, Saturday


Shares rise as reforms anticipated

Shanghai stocks ended at a one-month high yesterday as investors hoped reforms of China’s military industry would draw more investments....

February 28, 2015, Saturday


China said to levy capital gain tax on foreign stock investors

CHINA is planning to levy tax on capital gains derived from trading of domestic securities by foreign fund managers during the five years through November 2014, a move that may result in a large reduction ...

February 27, 2015, Friday


East China Fair to open in city on Sunday

DESPITE being close to the Spring Festival holiday, the East China Fair has been fully prepared and will open on Sunday as the original schedule, according to the fair organizers. So far, 3,378 companies ...

February 27, 2015, Friday


‘One Belt, One Road’ scheme lifts shares

Shanghai stocks rose to a nearly one-month high yesterday as investors were buoyed by the “One Belt, One Road” economic concept....

February 27, 2015, Friday


Export fall takes the wind out of shares

Shanghai stocks ended lower yesterday as investors were dampened by a report that China’s export orders fell by their fastest rate in 20 months....

February 26, 2015, Thursday


SK to use China FTA as growth engine

South Korea’s trade ministry said yesterday that the country will use a free trade deal with China as a new growth engine by making inroads into the world’s largest market....

February 26, 2015, Thursday


HSBC sees full-year net income drop by 16 percent

HSBC, Europe's largest bank by market value, saw its full-year net income drop by 16 percent to US$13.7 billion amid geopolitical headwinds and consolidation in the group. Chief Executive Officer Stuart ...

February 23, 2015, Monday




 

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