China provided medium-term funds to lenders on Thursday, giving banks some relief after its cash drainage last month triggered the country’s worst liquidity squeeze since 2015. ( read original story …)
Tagged By banking
Military officers get more financial powers to better tackle China-like challenges, cut procedural delays
In a first, the Centre has given financial powers of up to Rs 200 crore to military officers below the level of vice-chief to empower the armed forces to make big-ticket capital procurement and cut…
Financial Services Careers Throughout Asia
Moreover, throughout Hong Kong and, more broadly North Asia additional opportunities are also on the horizon. Mainland China has given clear signals indicating its interest in opening a key financial … ( read original story…
Insights on China’s 2021 White Paper on International Development Cooperation
A major white paper has laid out China’s new vision for its global role and responsibilities in international development. In this week’s podcast, our analysts discern a China that is poised to become … (…
China’s rare earth export curbs push Australian miner to fast track Africa project as nations step up diversification plans
Concerns over China’s intentions were heightened when sources said Beijing could restrict exports to the US, a move that could hurt its weapons manufacturing industry. ( read original story …)
China Decoupling Would Cost U.S. Billions, Chamber Says
American companies would lose hundreds of billions of dollars if they slashed investment in China or the nations increased tariffs, the U.S. Chamber of Commerce said in a report highlighting the cost … ( read…
Advertising, AI help China’s Baidu beat expectations for revenue
China’s Baidu Inc reported quarterly revenue above Wall Street expectations on Wednesday, bolstered by a rise in advertising on its core search and video-streaming platforms in an economy that is … ( read original story…
China Bank among top winners in ASEAN governance awards
China Banking Corp. again emerged as one of the top winners in the Philippines at the ASEAN Corporate Governance Scorecard Awards of the ASEAN Capital Markets Forum for the 2019 assessment year. ( read original…
Postal Savings Bank of China trials biometric cards for digital currency payments
A biometric ‘hard wallet’ card developed by the Postal Savings Bank of China is being tested by consumers taking part in Beijing’s CBDC trial … ( read original story …)
UP Fintech: A Fintech Investment Bank Serving the New Economy
UP Fintech Holding Limited (“UP Fintech”, Nasdaq:TIGR), acting through its U.S. subsidiary, US Tiger Securities, Inc., acted as the … ( read original story …)
China will pay a price, says US President Joe Biden: Know reason behind remark
In a two-hour phone call with Xi in February, Biden emphasized the US priority of preserving a free and open Indo-Pacific region, where the United States and China are major strategic rivals. The … (…
China margin finance squeeze is partial solution
China’s latest margin finance squeeze is only a partial solution. Regulators have halved the amount retail investors can borrow to buy stocks. That’s a step towards preventing another speculative … ( read original story …)
COLUMN-Central bank digi cash spooking shadow economy to crypto: Mike Dolan
If central bank digital cash is to rapidly replace banknotes, a shadow economy worth trillions of dollars may creep deeper into the darkness. ( read original story …)
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