NBCUniversal is about to begin broadcasting the second half of a rare Olympics doubleheader—and, as Variety reports, fatigue has set in. The Winter Games in Beijing begin Feb. 4, just six months after …
Tagged By banking
How Evergrande Became China’s Biggest Financial Headache
Once one of China’s most successful developers, Evergrande has been labeled a defaulter and is more than $300 billion in debt. Now it’s racing to restructure as bondholders warn of possible …
China’s money laundering crackdown reflects ‘severe’ risks facing the financial system
Analysts say China has a long way to go to combat illicit financial flows after Beijing launched a three-year action plan to prevent money laundering The crackdown comes as the world’s second largest …
M&A-themed bonds take shape to lift China’s property sector
Issuers turn to bonds to support property acquisitions, but any ease up in liquidity pressure is set to be limited …
Analysis-Debt Fears Overshadow China’s Infrastructure Push to Fight Economic Slowdown
China is counting on revived infrastructure spending to support its slowing economy, but controls over local government debt risks and falling investment returns could hamper the renewed push, policy …
China is blazing a trail with the digital yuan and governments around the world are watching closely
That’s because China’s new digital yuan, the first central bank digital currency in a major economy, is expected to see wider use during the games. The People’s Bank of China has been ramping up …
China to Keep Reining In Unruly Growth in Financial Sector This Year, Regulator Says
China will continue to clamp down on the “disorderly expansion of capital,” which largely refers to the unbridled growth of big internet-based firms, and will set “traffic lights” for guidance, the …
China debt: Beijing offers support to indebted Guizhou to ensure cash flow, boost investor confidence
Guizhou in southwest China has struggled to raise funds in recent years in capital markets as a result of its deteriorating credit profile Guizhou is reported to have defaulted on at least 68 debt …
China conditionally approves AMD’s $35 bln deal for Xilinx
China’s market regulator said on Thursday it had conditionally approved Advanced Micro Devices Inc’s $35 billion all-stock deal for peer Xilinx .
China Stocks Enter Bear Market as Yuan Tumbles Most in 7 Months
China’s equity benchmark slid into a bear market while the yuan tumbled the most in seven months, as the Federal Reserve’s hawkish comments added to investor concerns over the nation’s regulatory …
China shares, yuan drop after U.S. Fed turns more hawkish
Chinese shares slumped to nearly 16-month lows and the yuan fell against the dollar on Thursday as global investors worried that the U.S. Federal Reserve would move aggressively to curb inflation.
Breakup Plans; China Property Stocks Tumble: Evergrande Update
Chinese authorities are considering a proposal to break up China Evergrande Group by selling the bulk of its assets, according to people familiar with the matter. Developer stocks slumped after two …
How West Virginia Is Standing Up to China-Friendly BlackRock
West Virginia State Treasurer Riley Moore discusses why his state decided to decouple from investment giant BlackRock.
