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Shanghai Daily,上海日报
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Finance


US investment bank fined

BRITAIN’S financial watchdog said yesterday it had fined Merrill Lynch International a little over 34.5 million pounds (US$45.4 million) for failing to report tens of millions of trades. The Financial ...

October 24, 2017, Tuesday


Free trade port plan gives shares a boost

SHANGHAI stocks edged up yesterday as market sentiment was lifted by Shanghai’s plan to build a free trade port and the Chinese central bank efforts to boost liquidity in the financial market. The Shanghai ...

October 24, 2017, Tuesday


NDRC to scan utility prices nationwide

The National Development and Reform Commission will conduct a nationwide inspection on prices of water, gas, heating and telecommunications from November 1, China's top planning agency said yesterday....

October 24, 2017, Tuesday


The shouting is over at HK exchange

HONG Kong’s last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall. The bourse’s operator, Hong Kong Exchanges & Clearing, says it will ...

October 23, 2017, Monday


China’s tariffs on caprolactam carry on

CHINA’S Ministry of Commerce said Saturday that it will extend anti-dumping duties on imports of caprolactam, a synthetic polymer widely used in textiles, from the European Union and the US for another ...

October 23, 2017, Monday


Turkey sees more Chinese investment

TURKEY’S investment and promotion agency said the number of Chinese companies operating in Turkey is set to more than double in the next three years boosted by China’s Belt and Road Initiative. Arda ...

October 23, 2017, Monday


Expanding use of AI gets US$4b boost

China’s leading lifestyle services and online-to-offline services provider Meituan-Dianping said it has netted US$4 billion in its latest fund-raising exercise, valuing the company at US$30 billion....

October 20, 2017, Friday


US jobless claims at 44-year low

Claims for US jobless benefits fell to a 44-year low early this month as labor markets recovered from the damage of hurricanes Harvey and Irma, government data showed yesterday. The new figures pointed ...

October 20, 2017, Friday


Profit rises for 80% of 75 listed firms

NEARLY 80 percent of the 75 listed companies which have released their financial reports saw their net profit grow in the first three quarters of the year, according to industry data. Their reports showed ...

October 20, 2017, Friday


Chinese banks enjoy net US$300m in forex buying

Chinese banks saw a net foreign exchange purchase of US$300 million in September, the first settlement surplus in more than two years as cross-border capital flows stabilized, official data showed yes...

October 20, 2017, Friday


 

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