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Shanghai Daily,上海日报
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Finance


The IPO of Bank of Jiangsu sets to lead others

Bank of Jiangsu, the first Chinese commercial bank to debut in the mainland market in 2009, plans to raise about 7.24 billion yuan (US$1.1 billion) through its initial public offerings on A share market ...

June 28, 2016, Tuesday


Shanghai to promote online tax service

SHANGHAI’S tax authority aims to put 70 percent of its offline services online after it launches a system to allow cross-district tax processing, officials said yesterday. Companies and individuals will ...

July 23, 2016, Saturday


Shares decline as investors lock in profits

SHANGHAI stocks yesterday fell the most in two weeks as investors locked in profits from the market’s previous rebound. The Shanghai Composite Index dipped 0.86 percent, the biggest daily decline since ...

July 23, 2016, Saturday


China’s sovereign wealth fund assets surge to over US$810b

China Investment Corp, the country’s sovereign wealth fund, said yesterday that its total assets had grown to over US$810 billion at the end of 2015, from US$200 billion of registered capital in 2007 when...

July 23, 2016, Saturday


Samsung unit to invest US$450m in BYD

A subsidiary of South Korea’s Samsung will buy a US$450 million stake in China’s maker of electric cars BYD, which is partially owned by US investment guru Warren Buffett, the Chinese company said yesterday. ...

July 23, 2016, Saturday


China asks US to listen to firms

CHINA’S Ministry of Commerce issued a statement yesterday, urging its US counterpart to pay heed to what enterprises have to say about a preliminary anti-dumping measure. The US Commerce Department made ...

July 22, 2016, Friday


WTO starts review of China’s trade policy

THE World Trade Organization has started a regular review of China’s trade policy, enabling members to examine China’s trade policy and practices over the past two years. Wang Shouwen, head of the Chinese ...

July 22, 2016, Friday


VC funding draws new players into VR and AR

VENTURE capital firms have invested US$3.5 billion globally in virtual reality and augmented reality industries, drawing new players like PPTV and Caixin to develop new devices and applications, Shanghai ...

July 22, 2016, Friday


Singapore probe adds pressure

SINGAPORE said yesterday that it had seized nearly US$180 million linked to scandal-tainted Malaysian state fund 1MDB, raising the pressure a day after the US moved to seize more than US$1 billion in ...

July 22, 2016, Friday


ECB keeps rates flat

Mario Draghi (right), president of the European Central Bank, arrives to address the media following a meeting of the ECB’s Governing Council in Frankfurt am Main, Germany, yesterday. At its first meeting since Britain’s vote to leave the European Union, the ECB decided to leave its key interest rates on hold at record lows. But Draghi said the central bank had the “readiness, willingness, ability” to help the eurozone economy. — AFP...

July 22, 2016, Friday


 

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