BEIJING (Reuters) – China has launched probes into consumer loans that are being misused for home purchases, warning they cannot be used to “fuel property bubbles”, a senior banking official said on Friday. “An important…
Monthly Archives For September 2017
Woman accused of burning down South China home over financial dispute with husband
After arguing about finances, Rebecca Poulin allegedly told her husband that if she no longer could stay in their home, neither could he. Now Poulin is accused of setting the fire that destroyed her family’s…
Timberwolves head to basketball-crazed China looking to expand brand
SAN DIEGO — NBA followings are everywhere. Cole Aldrich has learned as much over his seven-year career. Every time a team arrives at an airport or hotel in a new city, even late at night,…
What if a Chinese doctor could clean your genes of disease? – China’s latest business and technology news
summary of the top news in Chinese business and technology for September 29, 2017. Part of the daily SupChina newsletter, a convenient package of China’s business, political, and cultural news delivered to your inbox for…
Gary Ablett in media business, Master Builders Awards, Onterran delayed, China’s sport connection and a Village Roadshow shift
GOLD Coast Suns/Geelong Cats legend Gary Ablett, known for being one of the game’s most media shy players, is himself branching out into the media industry. The “Son of God” has teamed up with former…
Arrested, missing China activists spark criticism of Trump
The sister of Jared Kushner, a Trump adviser and husband of Ivanka, travelled to China this past month to court investment from Chinese families for a real estate project in New Jersey. “The eagerness of…
Candice Bergen: China denied my travel visa, Liberals were no help
Conservative MP Candice Bergen said the Liberals should have protested when China denied her a visa to travel there with other parliamentarians this summer, instead of leaving her behind. The Opposition House leader was supposed…
China Research on Financial Leasing Industry – Market Analysis, Trends, Demand and Forecast 2015-2020
The report is helpful source of guidance for Financial Leasing Market players, new entrants, and investors to gain leadership status, turn investments into meaningful outcomes, and make an international mark. Key segments are analyzed extensively…
Philippines taps Bank of China for panda bonds
An elderly man walks past the People’s Bank of China in Beijing on August 12, 2015. China cut the yuan’s value against the US dollar for the second consecutive day on August 12, roiling global…
UPDATE 1-China says consumer loans can’t be used to “fuel property bubble”, launches probes
Overlending to unqualified home buyers ‘important lesson’ from U.S. subprime mortgage crisis -senior banking official (Adds details) BEIJING, Sept 29 (Reuters) – China has launched probes into consumer loans that are being misused for home…
China’s Uber-Rich Prompt Haitong to Build Hong Kong Private Bank
Haitong International Securities Group Ltd., a unit of China’s second-largest brokerage, plans to add about 100 jobs in Hong Kong as it seeks to draw more of the nation’s growing ranks of multi-millionaires to its…
China’s debt mountain: The uphill march ahead
China’s sizeable debt continues to be a major bugbear for the investment community. Lack of clear and definite policy action to address this issue have triggered fears of a potential banking crisis. While such worries…
Chinese central bank drains liquidity from market
China’s central bank drained liquidity from the financial system as it suspended open market operations Friday due to a fiscal spending increase. As rising fiscal spending near the end of month has offset maturing reverse…