CIBC Private Wealth U.S. Sr. Energy Trader Rebecca Babin joins Yahoo Finance Live to discuss China reopening, EU sanctions packages, and the outlook for oil markets.
FINANCE
U.S. PCAOB says it is able to inspect firms in China for first time
The U.S. Public Company Accounting Oversight Board on Thursday said it has determined that it has gotten full access to inspect and investigate firms in China for the first time in history.
Maxim Ryzhkov appointed CEO of Allianz Trade in China
Maxim Ryzhkov to drive strategic and fast-growing market in Asia Pacific Allianz Trade is pleased to appoint Maxim Ryzhkov as CEO of Allianz Trade in China with effect from 1 January 2023. Mr Ryzhkov …
Citigroup says it’s advancing plans to exit China consumer banking
Citigroup Inc. is advancing plans to exit its consumer banking business in China, a move that will affect about 1,200 employees in the country.
Citi’s exit from mainland China retail banking business to affect 1,200 employees
Citigroup first announced plans to exit consumer banking in 14 markets internationally, including mainland China, last year. It has since announced sales in nine markets.
Citigroup Moves to Exit China Consumer Banking
Citigroup is advancing plans to exit its consumer banking business in China, a move that will affect about 1,200 employees in the country.
Citi Winding Down Consumer Bank in China, Affecting 1,200 Staff
Citigroup Inc said it will wind down its consumer banking business in China, a move which is expected to affect about 1,200 employees in the country.
China’s reopening brings both risks and opportunities, Asian Development Bank says
China’s reopening would pose both upside and downside risks to the country’s economy, Albert Park, chief economist at the Asian Development Bank said.
Citi to wind down consumer banking in china, affecting about 1,200 staff
Citigroup Inc will wind down its consumer banking business in China in a move that will affect about 1,200 local employees, the bank said in a statement on Thursday.
Annual symposium on Beijing-Hong Kong cooperation opens
The 25th Beijing-Hong Kong Economic Cooperation Symposium kicked off online in the two cities on Wednesday. As a high-end and efficient platform to promote investment between the two cities, this year …
China’s Central Bank Keeps Key Policy Rates Unchanged
China’s central bank kept its key policy interest rates unchanged on Thursday, which may suggest a hold on the nation’s benchmark loan rates as the world’s second-largest economy faces mounting …
UPDATE 1-China c.bank ramps up cash support via medium-term loans, holds rate for 4th month
China’s central bank ramped up cash injections into the banking system on Thursday, while keeping an interest rate on the medium-term policy loans unchanged for the fourth straight month, to keep …
China central bank renews medium-term policy loans, rate unchanged for 4th month
China’s central bank rolled over maturing medium-term policy loans while keeping a interest rate unchanged for the fourth straight month on Thursday, largely matching market expectations.The People’s …
