China stocks rose on Friday to finish the week higher, led by gains on the start-up board, as investors cheered Beijing’s pledge for reforms and liquidity support to bolster the world’s second-largest … ( read…
FINANCE
The Finance 202: Bolton book dismantles Wall Street narrative of Trump as a China hawk
John Bolton’s book, through explosive revelations told in detail, obliterates the notion President Trump was serious about forcing a fundamental overhaul of the U.S.-China relationship. Instead, … ( read original story …)
Beijing Outbreak Tops 180 as China Says Peak Has Passed
Beijing reported 25 new infections on Friday, lower than at the start of the week, after China declared that the peak of the outbreak has passed. ( read original story …)
Hong Kong security law: China backs city’s status as financial hub as it brushes aside G7 concerns
China on Thursday moved to allay investor concerns about the impact of a new national security law on Hong Kong’s status as a financial hub, the same day the national legislature pushed ahead with a…
Killing Bank Profits Is a Pretty Desperate Move
Asking lenders to pass on their earnings to support small businesses shows China’s financial system was failing in the first place. ( read original story …)
Beijing needs to boost confidence as draft Hong Kong security law nears
Premier Liu He and other top officials to maintain Hong Kong’s status as an international finance hub comes ahead of details of controversial legislation being made public. ( read original story …)
News updates from Hindustan Times at 9 pm: Railways to terminate contract with Beijing firm, World Bank’s nod sought and all the latest news
Here are today’s top news, analysis and opinion at 9 PM. Know all about the latest news and other news updates from Hindustan Times. ( read original story …)
Beijing Seen Under Control; U.S. Unemployment: Virus Update
The peak of Beijing’s new coronavirus outbreak has already passed and further infections should be “sporadic,” the country’s chief epidemiologist said. Israel will pause any further reopening of the … ( read original story …)
Merkel Seeks Swift EU Deal; Beijing Curbs Travel: Virus Update
German Chancellor Angela Merkel called for a swift deal to pull the European Union out of its worst recession since World War II. Germany’s infection rate fell, while the number of new cases remains ……
China committed to maintaining Hong Kong’s status as an international financial hub, Vice-Premier Liu He says
Premier Liu He said on Thursday that Beijing is committed to maintaining Hong Kong’s status as an international financial hub.In a rare statement by a senior Chinese leader on Hong Kong’s affairs, Liu … (…
JPMorgan Gets China’s Nod for First Fully Foreign-Owned Futures Business
The latest regulatory approval for a U.S. financial services company coincides with tension between Beijing and Washington, increased by the COVID-19 pandemic and China’s move to impose security … ( read original story …)
Coronavirus: China calls on banks to give up US$212 billion in profits to finance cheap business lending
China has urged banks to surrender 1.5 trillion yuan (US$212 billion) in profits this year to help businesses weather the impact of the coronavirus. ( read original story …)
China stocks end higher as Beijing pledges reforms, liquidity
China stocks ended firmer on Thursday, as policymakers assured investors that the economy is gradually recovering from the coronavirus crisis, while pledging more reforms and liquidity to bolster … ( read original story …)
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