Digital euro may have efficiency but it will not replace cash, the head of Germany’s central bank, Deutsche Bundesbank, said Wednesday. “The digital euro could thereby help lower transaction costs, …
Tagged By banking
Analysis-China property financing tweaks fall short of investor expectations
BEIJING (Reuters) – China will stand firm on policies to curb excess borrowing … heartened by Evergrande’s last-minute coupon payment and bets on a potential relaxation of curbs on finance in the …
China smashes through euro market with €4bn bond
China’s Ministry of Finance raised €4bn from a three-part bond offering on Wednesday that achieved tight pricing despite coming amid plenty of market jitters. The Reg S-only deal was expected to do …
China steps up emission cut efforts with new monetary tool
The People’s Bank of China (PBoC) has launched a so-called ‘carbon emission reduction supporting tool’, in a bid to promote green finance and help the country reach carbon neutrality. The tool allows …
China’s €4 billion bonds snapped up as limited supply draws strong response from Europe, Middle East
Investors snapped up Euro4 billion bonds issued by China’s Ministry of Finance on Wednesday, attracting an order book more than four times the original size made available to them in what is the …
Yahoo Finance All Markets Summit Asia 2021 successfully concludes with 3,000,000+ viewership across the world
The Path Forward” hosted by Yahoo Finance successfully concluded its inaugural outing in Hong Kong with a viewership of over 3,000,000 viewers across the world. The region’s top CEOs from many …
Surprise U.S.-China Climate Deal Breaks Through Superpower Standoff
China and the U.S. vowed to work together to slow global warming, issuing a surprise joint statement Wednesday that injects new momentum into the last days of global climate negotiations. The deal …
China targets financial sector in new anti-corruption drive
China’s ruling Community Party turned its sights on the country’s vast financial sector this month, kicking off a new round of a years-long campaign to uncover corruption and illegal dealings. The …
China state council think-tank met property body, financial firms in Guangzhou, says Cailianshe
A think-tank of China’s state council met a local property association and financial institutions in the southern city of Guangzhou, Chinese media outlet Cailianshe said on Thursday.
China’s northeastern Shenyang denies report of easing property curbs
The property bureau in China’s northeastern city of Shenyang on Thursday denied a media report that authorities are relaxing policies on home purchases, a move that would shore up property market …
Delayed Interest Paid; Bank Loans Rise: Evergrande Update
China Evergrande Group appeared to pay interest on dollar bonds at the last minute, averting default. Customers of international clearing firm Clearstream received overdue interest payments on three U …
Singapore Central Bank Chief Hopes Hong Kong, China Will Open Up
Singapore’s central bank chief would like Hong Kong and China to open up quicker and more decisively over the next year as their strict border restrictions may impact business ties between the key …
Bigger China property risk would be Xi blinking
Worries about real estate contagion are growing, including at the U.S. Fed. Direct foreign exposure to the sector is limited, but it could drag down trade and investment portfolios. If Beijing relaxes …
