Category: FINANCE

"(China) will temporarily stop its imports of coal from North Korea for the rest of this year (including coal for which customs applications have been made but not yet processed)," the commerce ministry said in a statement posted on its website. The ... ( read original story ...)

China’s financial systems are porous and there is still, he said, “a great desire for people to try to bring their money out.” It’s likely the latest restrictions will mostly make it difficult for middle- and upper-middle-class Chinese to transfer ... ( read original story ...)

China is closely following U.S. President Donald Trump's plans to create more domestic jobs by encouraging U.S. companies to bring home or "reshore" their overseas production, but the government will not change its overall strategy, Industry Minister Miao ... ( read original story ...)

China is suspending all coal imports from North Korea, a measure taken to comply with sanctions imposed on Pyongyang by the United Nations. The ban will be in place through December 31, according to a joint statement by China's Ministry of Commerce and ... ( read original story ...)

FRANKFURT China's HNA Group (0521.HK) has taken a stake of just over 3 percent in Deutsche Bank (DBKGn.DE) and said on Friday it could buy further shares in the German lender. "We have the fullest confidence in Deutsche Bank's management and will keep a ... ( read original story ...)

China's central bank reiterated Friday in a quarterly report that it will implement a prudent and neutral monetary policy while keeping liquidity basically stable. The People's Bank of China (PBOC) said it will work to strike a better balance between ... ( read original story ...)

BEIJING Feb 17 China's central bank said on Friday it plans to tighten up its oversight in a range of areas including corporate debt and bank assets, as policymakers fret over fast-rising leverage and the risk of asset bubbles in the rapidly growing economy. ( read original story ...)

have been reiterating since late last year that insurance companies “should not be used as a bank machine or a financing platform”, after several insurance-backed moguls initiated aggressive takeovers that resulted in boardroom raids in China. ( read original story ...)

MILAN – Italian media says the Bank of China has agreed to pay a 600,000-euro ($640,000) fine as part of a plea deal in a 4.5-billion-euro money laundering probe. The news agency ANSA reported that at a preliminary hearing on Friday, a judge also ... ( read original story ...)

HONG KONG, Feb 18, 2017 - (ACN Newswire) - The Investor Education Centre (IEC) today launched "Money Month," Hong Kong's first territory-wide financial education campaign under its cross-sectoral collaboration platform "Hong Kong Strategy for Financial ... ( read original story ...)