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FINANCE
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.
US, Australia commit to better Pacific banking as China influence grows
U.S. and Australian officials said on Monday they were committed to improving financial connectivity in the Pacific, as lenders and policymakers from across the region met to discuss bolstering …
China’s banker pay crackdown risks Pyrrhic victory
To get rich is glorious,” goes the famous slogan attributed to Deng Xiaoping, the architect of China’s decades-long run of economic liberalization and breakneck growth. Under current President Xi …
China’s central bank to conduct temporary repos, reverse repos from July 8
BEIJING, July 8 (Xinhua) — China’s central bank said it will carry out temporary repos or reverse repos based on market conditions starting from Monday. The move aims to keep liquidity reasonable and …
China’s central bank to conduct temporary repos, reverse repos from July 8
BEIJING, July 8 (Xinhua) — China’s central bank said it will carry out temporary repos or reverse repos based on market conditions starting from Monday. The move aims to keep liquidity reasonable and …
China’s c.bank to start temporary and reverse repos
BEIJING: China’s central bank said on Monday it would start conducting temporary bond purchase agreements or reverse repos, depending on market conditions, to make open market operations more …
China’s tech boom powering AI career coup, with finance muscled out at top of salary pyramid
China’s rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country’s salary rankings for the second quarter of 2024, as Beijing’s push for self-sufficiency in …
China’s central bank refrains from gold purchases for a 2nd month
China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday. The pause by the People’s Bank of China (PBOC) started in May …
South China Sea: Philippines to buy more ‘faster, lethal’ fighter jets as Beijing tensions persist
Manila considering US F-16 and Sweden’s JAS-39 for the air force that could help the country project power beyond its territorial waters.
China’s desperate young jobseekers face fierce competition, provide headache for Beijing
Chinese President Xi Jinping called employment a ‘most basic livelihood concern’, pledging to make youth employment a top policy priority Amid China’s ongoing economic struggles, unemployment remains …
China’s Central Bank Borrows ‘Hundreds of Billions’ of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting …
China’s Ministry of Finance Publishes Corporate Sustainability Disclosure Standards
The Standards provide a framework for all Chinese companies’ sustainability disclosures and the applicability extends beyond listed companies.