Asian stock markets were largely mixed and muted Friday as traders awaited stimulus signals from Beijing and weighed tech-sector values. Pending meetings by three major central banks next week, the …
FINANCE
Vincent Boland: Trouble in China could signal problems for the global financial system
For two decades the world’s second largest economy has seen relentless growth but now it appears to be stalling – or worse, its boom could be over entirely …
China issues draft to ease rules on foreign investment in asset management firms
China’s National Financial Regulatory Administration (NFRA) on Friday issued a draft on easing rules on foreign investment in asset management businesses as part of efforts to attract overseas …
Explainer: Dalian Wanda’s repayment woes weigh on China property sentiment
The market is closely watching whether a unit of Dalian Wanda Group will make a repayment deadline for a $400 million dollar bond early next week, as a failure would weigh on already weak market…
China agrees to reschedule $2 billion debt of Pakistan
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Ishaq Dar on Thursday, approved the revised terms of the agreement reached between Islamabad and Beijing, …
China Stock Market May Be Stuck In Neutral On Friday
(RTTNews) – The China stock market headed south again on Thursday, one day after ending the two-day slide in which it had dropped almost 40 points or 1.3 percent. The Shanghai Composite Index now sits…
China’s Fiscal Spending Growth Narrows in First Half as Economy Slows Down
China’s fiscal spending will increase in the second half because there are sufficient projects and funds, said Zhang Yu, chief macro analyst at Huachuang Securities. The broad fiscal expenditure …
China agrees to reschedule $2 billion debt
China has agreed to reschedule over $2 billion publicly guaranteed debt of Pakistan for a period of two years, providing a major relief to the government that is in the process of rebuilding foreign …
Former vice-president of China Development Bank under probe
BEIJING — Wang Yongsheng, a former vice-president of China Development Bank, is under disciplinary and supervisory investigation, according to an official statement released Thursday.
Once China’s top securities regulator, disgraced official is now an adviser to its central bank
The 61-year-old’s new job was first reported by Guangdong-based financial publication China Fund News on July 8. Do you have questions about the biggest topics and trends from around the world? Get …
China to unveil more measures to revive private economy: officials
BEIJING, July 20 (Xinhua) — Chinese officials on Thursday pledged greater efforts to revive the private economy, with more measures to be unveiled soon. Their remarks came after the Communist Party …
China’s digital yuan hits $250 billion milestone
China’s central bank digital currency has passed $250 billion in transactions within one-and-a-half years of its launch. Yi Gang, the governor of the People’s Bank of China, revealed the milestone at …
Will China’s private firms fly higher, freer under new action plan as Beijing calls for ‘fresh troops’?
China has more than 47 million registered private firms, a vast majority of which are small players, and more than 100 million self-employed businesses Beijing unveiled its comprehensive new 31-point …
