HONG KONG, July 27 (Xinhua) — China’s finance ministry will issue renminbi (RMB) sovereign bonds through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA), with a total issuance size of 12 billion…
FINANCE
Agricultural Bank of China, Other Chinese Lenders Deny Rumors of Mortgage Rate Cuts
(Yicai Global) July 27 — Agricultural Bank of China and other Chinese banks have refuted rumors that they are reducing the rates on existing home loans, despite a recommendation to do so by the country’s…
China’s Small Loan Industry Continues to Shrink in First Half
As of the end of the second quarter, 5,688 small lenders had an outstanding loan balance of CNY827 billion (USD116 billion), down 113 and CNY45.2 billion, respectively, from the end of the first quarter, the…
Pakistan’s finance minister says China rolls over $2.4 billion loan for Islamabad for 2 years
Pakistan’s finance minister says Beijing has rolled over a $2.4 billion loan for his country for two years, a move aimed at helping Pakistan overcome a lingering economic crisis.
Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition in China, its most important market.
China’s voluntary carbon market could relaunch as early as October to support country’s climate efforts, experts say
CCER is seen as an important supplementary mechanism to China’s national Emissions Trading Scheme (ETS), and experts say an earlier reboot would help the country’s climate efforts.
Pakistan Says China Has Rolled Over $2.4 Billion Loan for Two Years
ISLAMABAD (Reuters) – Pakistan Finance Minister Ishaq Dar said on Thursday that China has rolled over a $2.4 billion loan to Islamabad for a period of two years, a boost to the South Asian economy…
China’s Debt Ratio Hits Record, Masking Slowdown in Borrowing
China’s debt-to-GDP ratio rose to a record in the second quarter, although consumers and businesses are borrowing at a slow pace, reflecting low confidence that’s hitting economic growth.Most Read from BloombergPowell Has Stopped Handing Gifts…
What Do These 3 China Stocks Have in Common? Quality and Smart Money Interest
connecting underserved individual borrowers with financial institutions in China and internationally. It is engaged in operating an online consumer finance platform. FINV’s products and services include loan services and investment services. Institutions …
Malaysia’s a big draw for China’s Belt and Road plans. Finishing them is another story
The Malaysian East Coast Rail Link is a successful feat so far compared to some other Chinese investments in the country — even if it has blown past deadlines and budgets.
The morning catch up: Fed raises cash rate again; Rio faces China challenges
The ASX is expected to get off to a flat start this morning. ASX 200 futures are trading 1 point lower, down -0.01% as of 8:20 am AEST. Today’s …
Marketmind: China realism returns, Powell has spoken
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A sense of cautious optimism could be the tone across Asia early on Thursday as China’s markets …
MORNING BID ASIA-China realism returns, Powell has spoken
July 27 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A sense of cautious optimism could be the tone across Asia early on Thursday as China’s…
