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 at home with peers such ... ( read original story ...)

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 Bank of China has put taming financial ... ( read original story ...)

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 in China is pleased to ... ( read original story ...)

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 “fair,” without the ... ( read original story ...)

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 South Korean pop cultural ... ( read original story ...)

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 her vulnerable to the ... ( read original story ...)

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 Bank of China raised the rate for its six ... ( read original story ...)