BEIJING, July 4, 2018 /PRNewswire/ — Ucommune is pleased to announce the appointment of James Yan (Lingyang) as chief financial officer. The inclusion of James Yan into the ranks of senior management … ( read…
FINANCE
China stocks slip, yuan struggles as Washington, Beijing prepare trade salvos
The declines in stocks come the same day the central bank’s targeted cut of reserve requirements for banks took effect, which was expected to release additional liquidity into the financial system. Th… ( read original…
BEIJING | China’s HNA Group says co-chairman has died in France
BEIJING — The co-chairman of HNA Group, a conglomerate that operates China’s fourth-largest airline and finance, logistics and other businesses around the world, has died in an accident while on a bus… ( read original…
HDFC Bank most valuable bank in the emerging market outside China
HDFC Bank has gone past Russia’s Sberbank to become the most valuable bank in the emerging market outside China. HDFC Bank’s current market capitalisation is $78.4 billion against Sberbank’s $74.4 bil… ( read original story…
How China is gearing up for a trade war with the US
officials at the Ministry of Public Security alerted the country’s police bureaus of the looming trade war between China and the U.S. and its risk to social stability, Yahoo Finance learned. (These pu… ( read…
SupaPop Studios and Beijing Immortal Master Join Forces to Co-develop SciFi Anime-fairytale ‘My StarLing’
LOS ANGELES, July 5, 2018 /PRNewswire/ — Beijing Immortal Master Animation Co. Ltd. (HQ: Beijing, CN; President: Luyang Li) and SupaPop Studios, (HQ: Los Angeles, CA; Co-CCO and President: Sean Danco… ( read original story…
BEIJING | Chairman of China’s HNA Group dies in accident in France
BEIJING — The co-chairman of HNA Group, a conglomerate that operates China’s fourth-largest airline and finance, logistics and other businesses around the world, died in an accident while on a busines… ( read original story…
Seeking Belt buckle role, Kazakhstan launches China-backed financial hub
ASTANA (Reuters) – Seeking to attract more foreign investment from its prime position in China’s huge Belt and Road trade project, Kazakhstan launched a new financial hub on Thursday which has already … ( read…
China says to deepen financial reforms, sees no sharp yuan fall
BEIJING (Reuters) – China will deepen financial sector reforms and fend off major risks in the economy, the banking and insurance regulator said on Thursday. China’s economic fundamentals showed no po… ( read original story…
China’s Jiangsu launches ‘green loans’ to fund pollution fight
Jiangsu, which neighbours China’s financial centre of Shanghai, has been one of the focal points of the country’s environmental clean-up efforts since 2013. The city of Xuzhou, a major steel producer … ( read original…
China releases former Rio Tinto executive Stern Hu from prison
China has released an Australian former executive of mining company Rio Tinto who was jailed for 10 years in 2009 after being convicted of corruption and stealing secrets, ending a case which strained … (…
‘Financial panic likely’: China calls for calm as clouds turn darker
Beijing is clearly on edge. A report for the National Institution for Finance and Development last week said the situation was becoming dangerous, calling for prompt action to avert a breakdown in con… ( read…
India Allows Bank of China to Open Office in Mumbai
As part of a major confidence-building exercise, the Reserve Bank of India (RBI) has granted permission to the Bank of China to operate offices in India. New Delhi (Sputnik) — The 106-year-old Bank of ……
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