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 …
FINANCE
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…
Pan Gongsheng: Who is China’s surprising pick for central bank boss?
China has named Pan Gongsheng as the new governor of its central bank, the People’s Bank of China (PBOC). The 60-year-old’s appointment comes as the country continues to struggle with major economic …
ASML Shakes Off More China Restrictions, Raises Guidance — What Investors Need to Know
Thanks to its specialized machinery and the world’s insatiable hunger for more powerful chips, ASML has been able to put up impressive financial numbers, even in a tough time for the chip sector …
China May Bring In Swap Scheme for Hidden Local Gov’t Debt, Experts Say
(Yicai Global) July 26 — China’s central government will likely introduce a swap scheme for hidden local government debts to help address the issue, according to financial experts.
China’s Politburo Calls for Speedier Issuance of Local Gov’t Special Bonds
China’s positive fiscal policies have been mostly having two tools in recent years, policies to cut taxes and fees to ease companies’ burden and stimulate the market and large-scale special local government bonds to expand…
Global Watch | China is in deep economic trouble with an unsustainable economic model
A break-up of Chinese debt components shows that its local governments have almost one-third debt of China’s overall GDP. The financial affiliates of these local bodies carry a debt of around 40-50 …
China defers $2.1b debt payment to Pakistan for two years
China has approved the deferment of a loan of $2.1 billion to Pakistan for two years. China Exim Bank has approved extending Pakistan’s $2.1 billion loan for a time span of two years, according to…
Blinken criticises China’s ‘problematic behaviour’ during visit to Tonga
U.S. Secretary of State Antony Blinken warned of China’s “problematic behaviour” during a visit to the Pacific island nation of Tonga on Wednesday, citing Beijing’s militarisation of the South China Sea and what he called…
Pan Gongsheng: Can China’s new central bank boss fix its economy?
China has named Pan Gongsheng as the new governor of its central bank, the People’s Bank of China (PBOC). The 60-year-old’s appointment comes as the country continues to struggle with major economic …
Who is the new boss of China’s central bank?
Pan Gongsheng succeeds Yi Gang, who has been governor of the People’s Bank of China since 2018.
China’s Central Bank Governor Comes With Hawkish Record on Risks
China’s newly appointed central bank Governor Pan Gongsheng comes with a strong record of tackling financial risks, from managing the currency to cracking down on the property market.
