To many investors, Macau’s push to extend oversight over the world’s largest gambling hub came as a shock, triggering a record selloff in casino shares. To long-term observers, however, it was just …
Tagged By banking
Asian Stock Markets Jittery as China Woes Sap Confidence
Asian shares were on edge on Friday hurt by persistent uncertainty around the fate of debt-ridden China Evergrande, even as more risk appetite drove gains for Wall Street and U.S. benchmark Treasury …
Central bank to promote reform of standing lending facility
China’s central bank will promote reform of the operation mode of its standing lending facility, as part of efforts to better meet reasonable liquidity needs. The reform, which is referred to as …
Using Your Excess China Funds to Make Small Low Risk Financial Trades and Increase Profitability
We discuss how businesses can utilize excess funds to make small low-risk financial investments and increase their profitability within China.
4 Things You Need to Know About China’s Potential ‘Lehman Moment’
Today’s article features the SPY & EGRNF and reveals “4 Things You Need to Know About China’s Potential ‘Lehman Moment.’” Read on to find out all the details. There are no less than nine risk…
China’s Ant Group to share credit data with central bank
Huabei, Ant Group’s credit service, said in a statement that consumer credit data it has collected will be included in the People’s Bank of China’s financial credit information database. “The …
Beijing stresses governance in banks’ risk assessment
Banking regulator changes how it assesses risks at Chinese lenders, putting more weight on corporate governance …
Evergrande Fear: China’s Central Bank Infuses Short-Term Liquidity To Avert Long-Term Damage To Financial System
Evergrande’s overall liabilities exceed $300 billion (22.5 lakh crore), and the company had suspended trading on its onshore bond on September 16, after domestic ratings cut.
China is finally testing out its state crude oil reserves
China is selling its first ever batch of crude oil from its strategic petroleum reserve tomorrow (Sep. 24). While unprecedented, it’ll be a small auction: just 7.38 million crude barrels, about half …
China Pumps $17 Billion into System Amid Evergrande Concerns
China’s central bank net-injected the most short-term liquidity in eight months into the financial system, with markets roiled by concerns over China Evergrande Group’s debt crisis.
Indonesia Finance Minister warns of ripple effect from China’s Evergrande debt woes
Indonesian authorities are monitoring the financial market situation in China, finance minister Sri Mulyani Indrawati said on Thursday, and warned that property firm China Evergrande’s debt woes could …
Developer Evergrande meets initial interest bill, as China’s central bank acts to soothe the market
China’s debt-laden property group Evergrande yesterday agreed to settle interest payments on a domestic bond, while the Chinese central bank injected cash into the banking system, temporarily soothing …
China Banks Downplay Risks After Evergrande Missed Loan Payments
A number of China’s publicly-traded banks rushed to assuage investors who are concerned about risks from the deepening crisis at China Evergrande Group.
ADVERTISEMENT
