Financial markets buckled Thursday on heightened tensions between the U.S. and China. The Dow Jones industrial average fell 286 points, or 1 per cent, to 25,490. It had been down 448 points … ( read…
FINANCE
China Urges U.S. to Fix ‘Wrong Practices’ to Resume Trade Talks
China blamed Washington for wrecking trade talks and insisted the U.S. must alter its “wrong practices” before negotiations can resume, leaving the next move to President Donald Trump as financial … ( read original story…
China Draws Line in Sand for Yuan as Fix Stays Stronger Than 6.9
Central bank Deputy Governor Liu Guoqiang said in an interview with the state-backed Financial News published on Thursday that China is able to keep the exchange rate basically stable at a reasonable … ( read…
China Minsheng Bank Credit Card Centre Uses FICO Decision Management to Grow Credit Card Business
FICO® Blaze Advisor® decision rules management system used to create an intelligent marketing system with instant approvals BEIJING, May 23, 2019 /PRNewswire/ — HIGHLIGHTS: For more information … ( read original story …)
Ex-WH economist: China’s New Silk Road is a ‘threat to the existing system’
China’s new Silk Road represents a “threat to the existing system” and challenges America’s global financial leadership, according to a former White House economist. The China’s desire to realign the … ( read original story…
The U.S.-China trade war won’t have a negative impact on this business
The U.S.-China trade war may be worrying executives in sectors from semiconductors to shoes, but one financial services chief is not concerned. In March, S&P Global was given a license to open a … (…
US, China appear to brace for long haul in trade dispute
In Washington, members of the House Financial Services Committee pressed Mnuchin Wednesday on the costs of the trade war with China. Mnuchin said he’d spoken to Walmart and other firms about how to … (…
Asian Central Banks Move to Curb Rapid Currency Declines
Central banks across Asia are moving to defend their currencies from recent declines as escalating trade tensions between the U.S. and China weigh down exports and economic growth. Officials in … ( read original story…
Trade war forcing China to ‘rethink economic ties’ with the US
China is considering cutting natural gas purchases from the U.S. in its tit-for-tat on trade, according to the South China Morning Post. Treasury Secretary Steven Mnuchin is scheduled to testify … ( read original story…
U.S.-China trade dispute could last ‘not just over months or years, but even decades’
on Yahoo Finance’s YFi AM. American presidents’ efforts to address the rise of China is nothing new. Smart said Bill Clinton may be credited as the first president to lead the charge. … ( read…
China cuts taxes to spur chip makers in face of U.S. pressure
BEIJING — China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies. The Finance Ministry’s announcement … ( read original story …)
A Holistic Look At China Development Bank Financial Leasing Co., Ltd. (HKG:1606)
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Building up an investment case requires looking at a stock holistically. ……
Why Fundamental Investors Might Love China Financial Services Holdings Limited (HKG:605)
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! As an investor, I look for investments which does not compromise one…
ADVERTISEMENT
