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Month: February 2019

Posted on 28/02/2019

China is facing employment challenges as its economy slows, official says

China's economic slowdown is creating some difficulties for ... As the country grapples with slowing growth, ensuring that people have jobs also has a financial imperative. "(Beijing's) social policy ... ( read original story ...)

Posted on 28/02/2019

Starbucks’ China rival Luckin Coffee taps three banks for U.S. IPO: sources

HONG KONG (Reuters) - Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said peo... ( read original story ...)

Posted on 28/02/2019

HK regulator suspends former China brokerage exec for IPO sponsor guidelines breach

HONG KONG, Feb 27 (Reuters) - Hong Kong's financial watchdog has suspended the licence of a former senior banker at China Merchants Securities (CMS) for breaching its code of conduct about initial ... ( read original story ...)

Posted on 28/02/2019

Worries that China trade talks are stalling weigh on stocks

Comments from a key U.S. trade negotiator stoked doubts overnight over how much progress was being made on resolving the trade war between the U.S. and China. There was more discouraging economic news ... ( read original story ...)

Posted on 28/02/2019

China Unicom & Huawei: 5G Injects Vigor into the New Media Industry

At MWC 2019, China Unicom and Huawei held a joint communication conference on new media innovation outcomes where the latest achievements and development trends of 5G new media were discussed. Through... ( read original story ...)

Posted on 28/02/2019

Qatar, China, Japan sought ‘extras’ after Barclays 2008 fundraising: court

Cross-examined by William Boyce, a lawyer for Boath, Leighton agreed that Japan’s Sumitomo and China Development Bank sought Memoranda of Understanding to deepen relationships with Barclays ... ( read original story ...)

Posted on 28/02/2019

Ex-China Development Bank Official Punished for Integrity Lapses

A former China Development Bank (CDB) senior executive has been expelled from China’s Communist Party after an investigation found him guilty of “disciplinary issues,” the party’s graft buster said Th... ( read original story ...)

Posted on 28/02/2019

RBC Told Bankers Avoid China Travel Amid Huawei Saga

Royal Bank of Canada recently told employees to avoid travel to China, people with knowledge of the matter said, amid a diplomatic feud over the arrest of Huawei Technologies Co.’s chief financial off... ( read original story ...)

Posted on 28/02/2019

China Yield Curve Steepens. Good Sign for Growth? Not Quite

Long-term yields have also retreated in recent months, but not by as much -- reflecting some expectation that China will resume its focus on reining in financial leverage, according to Alex Wong at Am... ( read original story ...)

Posted on 28/02/2019

China February factory activity shrinks to three-year low, export orders worst in a decade

BEIJING (Reuters) - Factory activity in China contracted to a three-year low in February as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in a... ( read original story ...)

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