Chinese stocks tumbled on Monday as mounting concern over a Covid outbreak at home and rising global interest rates added to persistent regulatory headwinds.Most Read from BloombergUkraine Update: …
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China Limits Sales by Some Funds as Stocks Slide Again
Chinese authorities sought to put a floor under the nation’s slumping stock market by limiting share sales by some mutual funds, people familiar with the matter said. Most Read from BloombergUkraine …
Accelerating Sustainable Finance in China and Malaysia
Sustainable finance is heralded to fund the future of the planet, and efforts to accelerate sustainable finance have recently intensified due to its potential to promote financial sustainability, …
China March New Bank Loans Jump, Broad Credit Growth Quickens
New bank lending in China rose more than expected in March, while broad credit growth accelerated, from the previous month as the central bank kept policy accommodative to support the slowing economy.
China’s debt-trap diplomacy in the region, and how it impacts India
China has refused to reschedule its debts. Sri Lanka’s borrowing to finance unprofitable infrastructure projects also contributed to its crisis. As for Pakistan, the China Pakistan Economic Corridor …
European Stocks Drop on China Covid Spread, French Uncertainty
European equities started the week on a negative note as investors weighed an array of risks from China’s Covid-19 flare up to an uncomfortably tight race for the French presidency, surging bond …
Oil Down, “Losing Steam” Over Release Plans, Ongoing COVID Lockdowns in China
Oil was down on Monday morning in Asia, falling $2 a barrel in early trading after a second consecutive weekly decline. Investors continue digesting plans to release a record volume of crude and oil …
China Vehicle Sales Fall 11.7% in March After 2 Months of Increase
Auto sales in China fell 11.7% in March versus an 18.7% rise in February, industry data showed on Monday, as the country’s zero COVID-19 policies kept people from shopping for cars. Wealth of …
China Yield Premium Over U.S. Vanishes With More Outflows Seen
China’s yield advantage over Treasuries disappeared for the first time in more than a decade, paving the way for more capital outflows to follow the recent record exodus from the Asian nation.Most …
Citigroup to keep hiring in private banking push amid growth, rivalry in China’s Greater Bay Area
Citigroup is hiring more private bankers to compete with HSBC and rivals in Hong Kong, as wealthy clients seek alternatives to volatile stocks to boost returns …
China Factory Prices Rise Faster Than Expected as Oil Surges
China’s factory gate prices rose more than expected in March as oil prices climbed, putting pressure on manufacturers that are already struggling to operate amid repeated Covid outbreaks. Most Read …
Oil Slips as China’s Worsening Outbreak Raises Demand Concerns
Oil edged lower at the start of the week as investors assessed the outlook for Chinese demand following a worsening coronavirus resurgence that’s led to a series of lockdowns. Most Read from …
Babel Finance has completed a two year $50 million BTC/ETH cross-currency swap
SINGAPORE – Media OutReach – 11 April 2022 – Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum.Why is this …
