Asian stocks were mixed Thursday as China’s regulatory push sapped sentiment, overshadowing a Wall Street record on easing inflation that reduced concerns about an imminent pull back in Federal …
Tagged By banking
China Signals Its Regulatory Crackdown Will Go On for Years
China released a five-year blueprint calling for greater regulation of vast parts of the economy, providing a sweeping framework for the broader crackdown on key industries that has left investors …
China Goes After Online Insurance in Widening Crackdown
China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that has roiled global investors.The regulator ordered …
China removes credit rating requirements for debt financing tool issue by non-financial firms
China will remove credit rating requirements for issuance of debt financing tools by non-financial firms in a pilot scheme, the central bank said on Wednesday.The move aims to further enhance the auto …
China Faces Contrarian Calls for a Surprise Interest Rate Cut
China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy.
Beijing continues to finance the coup generals
China announced US$ 6 million in funding for development projects. Western governments only provide humanitarian aid. The crackdown by Myanmar’s military against the resistance continues. The fo …
China Yuchai International Announces Unaudited 2021 First Half-Year Financial Results
China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), a leading manufacturer and distributor of engines for on- and off-road applications in China through its main …
China July bank loans fall to 9-mth low, modest policy easing expected
China’s new bank loans fell more than expected in July to their lowest in nine months while broad credit growth hit a 17-month low, adding to market expectations that modest policy easing may be …
China July new bank loans fall to 1.08 trln yuan, lag forecast
Chinese banks extended 1.08 trillion yuan ($166.5 billion) in new yuan loans in July, down from June and below analysts’ expectations.
China’s New Yuan Loans in July Fell by About Half From June
BEIJING–New loans issued by Chinese banks in July fell by about half from the previous month, and came lower than consensus views. But still, the …
China Stock Market Poised To Add To Its Winnings
The China stock market has tracked higher in two straight sessions, gathering more than 70 points or 2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,530-point …
China, US share inflation risks that will not go away soon, their former top finance officials agree
Former US Treasury secretary Lawrence Summers expresses “considerable concerns about inflation” in a panel discussion with China’s former finance minister, Lou Jiwei.
China central bank to keep monetary policy ‘flexible, appropriate’
BEIJING: Chinas central bank said on Monday it would keep monetary policy flexible and appropriate to maintain stability as the pandemic persists and domestic economic recovery is uneven. In its …
