Shimao Group Holdings Limited News
China's Real Estate Industry Keeps Crumbling
Property sector caught up in a.'pub crawl gone horribly wrong,' Alex Frew McMillan writes.
Bank Rumor Roils Chinese Stocks
Discussion of another central bank boost to the reserve requirement ratio knocks the main index 3.5%.
Mixed Day in Asia
Japan's Nikkei hit an 18-month low intraday, but it overcame losses and finished up 28 points.
Breaking News
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.