Chinese markets led gains in a mixed session for major Asian bourses on Wednesday, shrugging off a decision by stock index provider MSCI on Tuesday to delay inclusion of mainland-traded Chinese A shares in its
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Shanghai airport blast wounds four
A man has set off a homemade explosive device at Shanghai international airport, injuring four people as well as himself, Chinese officials say. The attacker threw a bottle containing explosives, which went off near a
Read moreLost in Nicaragua, a Chinese Tycoon’s Canal Project
BRITO, Nicaragua — A Spanish explorer conducted the first survey to connect the Atlantic and Pacific Oceans here in the 16th century. Napoleon III of France dreamed about it. The railroad magnate Cornelius Vanderbilt briefly
Read moreHSBC warns market volatility is here to stay
Financial markets will permanently be more volatile thanks to regulations that have squeezed liquidity out of the market, according to HSBC’s chief executive Stuart Gulliver. Across the world, investment banks’ profits tumbled in the first three months
Read moreChinese officials arrest 21 people over $7.6bn ‘scam’
Chinese authorities have arrested 21 people involved in an online finance scheme which is suspected of defrauding 900,000 investors of about 50bn yuan ($7.6bn; £5.3bn). The 21 people worked for Ezubao, a peer-to-peer lender widely
Read moreCHINA ORDERS BANKS TO STOP PURCHASING U.S. DOLLARS
In a stunning move, China has suspended some banks from Foreign Exchange markets and ordered other banks to stop buying Dollars. China’s foreign exchange regulator has ordered banks in some of the country’s major import and export
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