S&P 500 7,753 +2.01% Nasdaq 26,605 +2.67% Dow Jones 53,976 +1.50% FTSE 100 10,862 +0.04% DAX 26,324 +1.24% Nikkei 225 66,970 +4.71% Hang Seng 25,937 -0.28% WTI Crude 82.19 +9.27% Gold 4,462 +5.10% US 10-Year Treasury Yield 4.699 +1.56% S&P 500 7,753 +2.01% Nasdaq 26,605 +2.67% Dow Jones 53,976 +1.50% FTSE 100 10,862 +0.04% DAX 26,324 +1.24% Nikkei 225 66,970 +4.71% Hang Seng 25,937 -0.28% WTI Crude 82.19 +9.27% Gold 4,462 +5.10% US 10-Year Treasury Yield 4.699 +1.56%

LATEST

Manila taps South Korea to power nuclear revival●The eBay deal Ryan Cohen swore he wanted is falling apart●Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation●US officials work to close supply chain gaps as foreign investment grows●Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds●IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30●Bhagwati Products may delay IPO by up to 3 quarters●Rupee falls 11 paise on firm dollar, costlier crude●Manila taps South Korea to power nuclear revival●The eBay deal Ryan Cohen swore he wanted is falling apart●Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation●US officials work to close supply chain gaps as foreign investment grows●Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds●IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30●Bhagwati Products may delay IPO by up to 3 quarters●Rupee falls 11 paise on firm dollar, costlier crude●

Asia

China’s banks look to unload more than US$8.2b in bad credit-card loans

Business - South China Morning Post · 1h ago · 🇨🇳 China

China’s banks look to unload more than US$8.2b in bad credit-card loans

China’s commercial banks have stepped up efforts to dispose of non-performing credit-card loans, putting billions of yuan in troubled consumer debt up for sale as lenders seek to clean up balance sheets amid rising bad loans and shrinking interest margins. About 130 notices seeking buyers for bulk transfers of non-performing credit-card loans have been disclosed on the Banking Credit Asset Registration and Circulation Centre so far this year, involving more than 55 billion yuan (US$8.2...

Read the full story at Business - South China Morning Post →

More Asia

Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation

mint - markets · 20m ago

US officials work to close supply chain gaps as foreign investment grows

Latest News · 21m ago

Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds

Business - South China Morning Post · 22m ago

IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30

Markets-Economic Times · 24m ago