By Laura He, CNN Business The Beijing Stock Exchange, President Xi Jinping‘s new financial baby, is finally here. The bourse was first announced by the Chinese Communist Party leader in September, and …
FINANCE
Ex-Bank of China exec suspected of embezzlement repatriated from U.S.
A dds confirmation former executive repatriated from U.S. BEIJING, Nov 15 (Reuters) – A former president of a domestic branch of the Bank of China 3988.HK601988.SS suspected of embezzlement has been …
UBS Money Managers to Exit After China Property Woes Hit Fund
Two UBS Group AG portfolio managers are leaving after a $3 billion fund got caught up in China’s high-yield bond meltdown.
Trading Kicks off on Beijing Stock Exchange, 10 Stocks Surge
Trading on the Beijing Stock Exchange kicked off on Monday, with shares of the 10 companies that recently conducted initial public offerings (IPOs) on the new Chinese bourse surging as much as …
Beijing Stock Exchange Launches With New Listings Surging
A cohort of companies making their debut on Beijing’s first-ever stock exchange rallied on the first day of trading, welcome news to Chinese leaders who have been fighting an uphill battle to drive …
China’s central bank injects 1 tn yuan via medium-term loans into the financial system
The People’s Bank of China (PBOC) said it was keeping the rate on 1 trillion yuan ($156.77 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions steady at …
Afghan Envoy Urges China to Open Trade to Ease Crisis
Afghanistan’s top diplomat in Beijing called on China to let in more of its agricultural products, saying that expanded trade would do more to ease a humanitarian crisis next door than fiscal aid.
An economic slowdown in China would have global consequences, says Yellen. Her comments come amid concerns that Evergrande’s woes could spark a financial crisis.
If China’s economy slows more than expected, “it certainly could have consequences for many countries that are linked to China through trade,” said Treasury Secretary Janet Yellen.
China Economy Stabilizes as Spending, Power Supply Picks Up
China’s economy performed better than expected in October as retail sales climbed and energy shortages eased, partly offsetting a slump in property. Most Read from BloombergWhat Designers of Video …
China c.bank injects 1 tln yuan via medium-term loans, rate unchanged
China’s central bank injected funds through medium-term loans into the financial system on Monday, while keeping the interest rate unchanged for the 19th month in a row.
China c.bank injects 1 tln yuan via medium-term loans, rate unchanged
China’s central bank injected funds through medium-term loans into the financial system on Monday, while keeping the interest rate unchanged for the 19th month in a row.
Former Banker Suspected in Huge Fraud Case Repatriated to China
A former Bank of China Ltd. manager suspected of being involved in a massive embezzlement case who fled to the U.S. 20 years ago has been repatriated to China, according to the Communist Party’s …
Former Banker Suspected in Huge Fraud Case Repatriated to China
A former Bank of China Ltd. manager suspected of being involved in a massive embezzlement case who fled to the U.S. 20 years ago has been repatriated to China, according to the Communist Party’s …
