China and Hong Kong stocks extend losses on slow recovery concerns

[ad_1] HONG KONG: China and Hong Kong stocks extended declines on Wednesday tracking a broader Asian sell-off, as uncertainties about economic recovery kept investors on the sidelines. **The blue-chip CSI…

France, Germany shares hit record highs; U.S. inflation data in focus | Business

[ad_1] France and Germany’s benchmark stock indexes hit record highs and led gains in Europe on Tuesday ahead of crucial U.S. inflation report, in a week packed with interest-rate…

J.P. Morgan to Reportedly Outsource Hong Kong, Taiwan Custody

[ad_1] New York-based J.P. Morgan is reportedly outsourcing its local custody business in Hong Kong and Taiwan. Citigroup, HSBC and Standard Chartered are in the race to win J.P. Morgan’s local…

China’s Country Garden woes raise fears of REIT defaults – J.P.Morgan

[ad_1] :Turmoil at China’s largest private developer Country Garden could set off a “vicious cycle” of financing stress on the country’s real estate investment trusts (REITs), brokerage J.P. Morgan warned…