AVGO shares have gained about 8% across five straight sessions. Broadcom, Inc. stock fell 0.3% in premarket trading on Wednesday after a Financial Times report said Chinese authorities are examining …
FINANCE
Bank of Kigali Joins China’s Cross-Border Payments System, First in This Region
KIGALI — Bank of Kigali has become the first bank in Rwanda, and the first bank headquartered in East and Central Africa, to join China’s main cross-border payments system …
China signals greater market access, offshore yuan growth in meeting with banking giants
PBOC governor Pan Gongsheng vows to promote ‘high-level financial opening-up’ in meeting with foreign banks and investment firms China’s central bank has pledged to further open its financial sector …
China’s biggest bank failed its compliance tests. What does that mean for its African partners?
The Chinese banking giant’s stake in South Africa’s Standard Bank gives it continental reach, while leaked documents raise questions about controls across its wider overseas business.
Powering next stage of Sino-African financial integration
However, recent advancements in financial clearing networks suggest that the relationship is entering a new phase. The numbers are impressive. Bilateral trade between China and African nations …
FS meets Beijing finance chiefs
Financial Secretary Paul Chan calls on Minister of Finance Lan Fo’an in Beijing to report on the arrangements for the Asia-Pacific Economic Cooperation Finance Ministers’ Meeting.
Bank of Beijing Raises 30 Billion Yuan Via Bond Issue
Bank of Beijing Redeems, Cancels 13.5 Billion Yuan Preferred Shares MT Jul. 22 Bank of Beijing to Delist 130 Million Preferred Shares MT Jul. 14 Shandong Hi-speed Raises 1 Billion Yuan Via 73-Day Note …
Beijing Never Banned the Gas Car. It Just Stopped Issuing the License Plates.
Volkswagen and Toyota are cutting prices hard on petrol cars in China. The usual explanation is a price war, and there is one. But a discount is a tool for persuading a buyer who is…
People’s Bank of China injects 165B yuan through reverse repos to steady markets
The People’s Bank of China injected 165 billion yuan via 7-day reverse repos at 1.40%, signaling steady liquidity management over monetary …
China’s central bank injects 32 billion yuan via reverse repos, holding rate steady at 1.40%
The People’s Bank of China injected 32 billion yuan via 7-day reverse repos at 1.40%, signaling stable liquidity management in the interbank …
China central bank adviser says AI could deepen supply-demand imbalance
BEIJING, Sept 19 (Reuters) – Artificial intelligence could deepen and prolong China’s strong supply and weak demand imbalance, a central bank adviser said on Saturday, adding to calls for policies …
China’s January-August fiscal revenue up 5.7% year-on-year
China’s fiscal revenue rose 5.7% in the first eight months of 2026 from a year earlier, finance ministry data showed Friday, slightly down from a 5.8% growth in the January-July period.
BofA hires Goldman’s Srijith Nair to lead Asia ex-China financial institutions banking, memo says
By Yantoultra Ngui HONG KONG, Sept 17 (Reuters) – Bank of America has hired Goldman Sachs banker Srijith Nair as head of Asia excluding China financial institutions group investment banking and …
