SHANGHAI China’s banking regulator scrapped license requirements for foreign and joint-venture lenders in the country for treasury bond underwriting, custody and advisory services among other services on Friday. The move comes as President Xi Jinping…
FINANCE
China’s cautious financial opening up does not make it an enemy of the US
Last month, China commemorated the 20th anniversary of the death of Deng Xiaoping ( 鄧小平), the chief architect of the economic reform and opening up that catapulted the country to the top rungs of the…
China Aviation Oil Singapore : Date of Release of 2017 First Quarter Unaudited financial Results
Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) DATE OF RELEASE OF 2017 FIRST QUARTER UNAUDITED FINANCIAL RESULTS China Aviation Oil…
China's Ant confident of closing MoneyGram deal: exec
BEIJING (Reuters) – Ant Financial Services Group … so we definitely want to have that capability,” Feagin said. Ant, which dominates China’s online payment market but has been ramping up investment overseas amid fierce rivalry…
China following US path on its way to higher rates
In China, officials are concerned about rampant asset bubbles, fed by a gush of cheap, post-financial crisis cash that found its way to investments from stocks and bonds to artwork and real estate. The People’s…
China Art Financial Announces 2016 Annual Results
HONG KONG, Mar 17, 2017 – (ACN Newswire) – China Art Financial Holdings Limited (“China Art Financial” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1572.HK), the leading art finance service provider…
U.S. to confront trade partners at global finance meeting
Last year’s gathering of the G20 finance ministers in Chengdu, China, issued a statement opposing “all forms of protectionism.” This time, such unequivocal language could be softened to refer to trade that is “open” and…
China, following Fed, lifts short-term rates to steady yuan, battle debt
SHANGHAI China’s central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates…
China raises short-term interest rates for third time in as many months
SHANGHAI China’s central bank raised short-term interest rates for the third time in as many months on Thursday, a day after the end of the annual session of parliament where leaders warned that tackling debt…
Here’s who will benefit from the Beijing-Seoul fallout
Currently, South Korea’s decision to allow the U.S. to deploy an advanced missile defence system on the peninsula has culminated in a series of retaliatory measures from Beijing, including closing Lotte stores in China, limiting…
Beijing would be wise to show restraint over HK election
former financial secretary John Tsang. This appears to be the rationale for Beijing’s open interference in the Hong Kong election, even though Lam herself has warned that such favoritism by Beijing may be counterproductive, making…
China raises short-term interest rate follow US increase
BEIJING, China – China’s central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its currency and stanch an outflow of money. The People’s…
US to confront trade partners at global finance meeting
Last year’s gathering of the Group of 20 finance ministers in Chengdu, China, issued a statement opposing “all forms of protectionism.” This time, such unequivocal language could be softened to refer to trade that is…
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