Business news: China market and economy, Finance, Auto, Stocks, IT, Manufacturing, Real Estate – Shanghai Daily
Section feed »

All Business Articles

More News


Turkey doubles tariffs on some US imports while lira rebounds

Turkey doubles tariffs on some US imports while lira rebounds

Turkey doubled tariffs on some US imports including alcohol, cars and tobacco yesterday in retaliation for US moves, but the lira rallied further after the central bank’s liquidity moves had the effect...

August 16, 2018, Thursday


Small role in Tesla plan for Saudi fund

Small role in Tesla plan for Saudi fund

Elon Musk told investors this week that “obviously, the Saudi sovereign fund has more than enough capital needed” to finance taking Tesla private....

August 16, 2018, Thursday


Young largely not ready for retirement

Young largely not ready for retirement

China’s younger generation are largely unprepared for retirement and have limited understanding of pensions, a recent study shows....

Cathy Ding | August 16, 2018, Thursday


New home price rise slows in major cities

New home price rise slows in major cities

New home prices in China’s first and second-tier cities rose at a slower pace in July amid strict enforcement of tightening policies, official data showed yesterday....

August 16, 2018, Thursday


Liquidity pumped in via MLF

Liquidity pumped in via MLF

The People’s Bank of China yesterday injected 383 billion yuan (US$55.5 billion) into the market via the medium-term lending facility to maintain liquidity....

August 16, 2018, Thursday


Call for special bonds issue

Call for special bonds issue

China on Tuesday ordered local governments to speed up the issuance and use of bonds for designated purposes....

August 16, 2018, Thursday


Huifu sees over 70% hike in H1 net profit

Huifu sees over 70% hike in H1 net profit

Shanghai-based Huifu Limited, which is the first listed payment firm in China after debuting on the Hong Kong stock market in June, expects net profit to jump more than 70 percent in the first half, the...

Zhu Shenshen | August 16, 2018, Thursday


Wealthy families worry over economic prospects

Wealthy families worry over economic prospects

China’s wealthy families are slightly less optimistic over the prospects for the Chinese economy as economic growth slowed in the year’s second quarter, the Bank of Communications said in a report yes...

Huang Yixuan | August 16, 2018, Thursday


Optimizing structure hints at growth

Optimizing structure hints at growth

CHINA’S economy, despite slight slowdown in some sectors, remained steady generally last month, with the continued optimization of its economic structure. Industrial output expanded 6 percent year on ...

August 15, 2018, Wednesday


SK to ban driving recalled BMWs

SK to ban driving recalled BMWs

South Korea will ban driving recalled BMWs that haven’t received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component....

August 15, 2018, Wednesday


Digital turnabout lifts Carrefour China

Digital turnabout lifts Carrefour China

Carrefour China said operating profit in the first half climbed 1.7 times as a digital transformation helped the company better cater to local market trends....

Ding Yining | August 15, 2018, Wednesday


Special body to study Tesla going private

Special body to study Tesla going private

Tesla’s board of directors said yesterday it formed a special committee to study CEO Elon Musk’s proposal to take the electric auto giant private....

August 15, 2018, Wednesday


Efforts to curb new capacities

Efforts to curb new capacities

Chinese authorities have called for efforts in preventing new capacities in cement and flat glass industries as the government remains firm in its drive to cut capacity....

August 15, 2018, Wednesday


NIO files US$1.8b IPO in US

NIO files US$1.8b IPO in US

Chinese electric carmaker NIO has filed for a US$1.8 billion initial public offering in the United States as the burgeoning company seeks to compete with US rival Tesla....

August 15, 2018, Wednesday


Big losses hit Chinese markets

Big losses hit Chinese markets

CHINESE shares fell yesterday following declines by steel, electronics and computer counters. The Shanghai Composite Index dipped 0.18 percent to close at 2,780.96 points, and the Shenzhen Composite ...

Yuan Luhang | August 15, 2018, Wednesday




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号