Finance Minister Muhammad Aurangzeb will go to China this week seeking restructuring of $15.4 billion Chinese energy debt. Planning Minister Ahsan Iqbal …
FINANCE
Asia investors wager on region’s rebound, China recovery
Asia’s rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a slowdown is the fastest-growing in the world will pay off.
Tough-on-China bills eyed for passage before 2024 election: US House Speaker Mike Johnson
Legislation could further restrict outbound investments in the country and close a trade loophole for small parcels coming from the mainland.
DBS CEO says Trump will be open to cutting deals, which could suit China
Singapore bank DBS Group’s CEO Piyush Gupta said on Tuesday American presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China.
Australia pledges more funds for Pacific banking amid China interest
Australia on Tuesday pledged to boost investments in Pacific Island countries to support their banking systems after global financial firms limit services with them, citing risks, at a time when China …
Nvidia Could Generate $12B In China With New AI Chips That Comply With US Restrictions: Report (CORRECTED)
The headline of this story has been updated to more accurately depict the nature of Nvidia’s sales of AI chips in China. Nvidia Corp (NASDAQ:NVDA) is on track to sell $12 billion of artificial …
Complexities Dog Beijing’s Latest “Remedy” For China’s Property Crisis
Structural problems will make what is an already difficult challenge for Beijing all but insolvable in the short run.
China’s central bank tweaks liquidity operations
China’s central bank said on Monday it would start conducting temporary bond repurchase agreements or reverse repos to make open market operations more efficient and keep banking system liquidity …
China’s central bank takes more control over rates by adding temporary repos
BEIJING: The People’s Bank of China acted to take more control of market interest rates, announcing additional open market operations and tightening the band within which short-term rates can …
China’s graduates told to embrace financial reshuffle, ‘don’t feel ashamed’ about career
Students at a university in Shanghai told not to be ashamed of taking a job in China’s finance sector amid the industry’s heightened scrutiny and dwindling reputation.
China’s newly-registered NEVs surge by nearly 40% in H1 2024: ministry
China’s Ministry of Commerce (MOFCOM), Ministry of Finance and five other government departments issued on April 26, 2024 an action plan for automobile renewal and trade-in. As of 12 pm on June 25, …
Joint Development by Integrating Digital Economy and Real Economy Digital Finance Forum of Global Digital Economy Conference 2024 Unveiled in Beijing
With the aim of analyzing the evolution of digital finance, interpreting its essential aspects, and exploring emerging trends, the Digital Finance Forum, a part of the Global Digital Economy …
China’s central bank ups control of interest rates with new operations amid reform push
Analysts believe moves by the People’s Bank of China to conduct additional open market operations paves the way for a new and narrower interest rate corridor.
