Tag: banking

BEIJING (Reuters) - China’s central bank pledged on Wednesday to improve its information disclosure as part of steps to make its policy-making process more transparent. The People’s Bank of China (PBOC) has been trying to communicate more effectively ... ( read original story ...)

To further implement President Xi Jinping’s pledges for China to open up its financial sectors to foreign investment, the new China Banking and Insurance Regulatory Commission (“CBIRC”), which was established on 8 April 2018 through the merger of ... ( read original story ...)

Bank of China Singapore Branch and Qoo10 Singapore have tied up to launch a co-brand Mastercard credit card, which caters to both working adults and students. The Bank of China Qoo10 Mastercard card aims to bring greater value to online shoppers and drive ... ( read original story ...)

Chantal Grinderslev of Z-Ben Advisors says reforms in China's financial sector are intended to allow foreign firms to enter the country to adapt and grow with the market "alongside" domestic competitors. ( read original story ...)

China's move to lower tariffs on imported autos and vehicle parts is a step in the right direction, but it's a tiny one. The news China would lower tariffs on some imported vehicles by 10 percent drove shares of U.S. automakers Ford , GM and Tesla higher ... ( read original story ...)

Authorities in China's capital are holding three people on public order charges after a protest by laid-off employees from the state-owned banking sector converged on Beijing to complain about a lack of promised benefits after they were made redundant. ( read original story ...)

China's Finance Ministry said that it will cut import tariffs on some vehicles to 15 percent, down from as much as 25 percent. The announcement Tuesday also said that tariffs on some automotive parts would fall to 6 percent. The cuts will be effective from ... ( read original story ...)

* FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index -0.3 pct SHANGHAI, May 22 (Reuters) - China stocks slipped on Tuesday, weighed down by real estate and banking firms, despite renewed optimism about global growth as the United States and China ... ( read original story ...)

BEIJING, May 21, 2018 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with online ... ( read original story ...)

(Bloomberg) -- China’s financial-services industry could be opened further to U.S. companies as part of a wider bargain to ease trade tensions among the world’s two-largest economies, White House economic adviser Larry Kudlow said. “I’ve heard ... ( read original story ...)