Increasing credit stress in China stemming from a government crackdown on a range of industries could spread to U.S. investors’ credit portfolios.Global high-yield fund managers suffering losses in …
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China Moves to Reassure Global Banks and Investors After Market Rout
SINGAPORE—China moved to contain the fallout from a regulatory assault on technology companies that has rattled international investors, with a top securities regulator privately telling global …
China’s markets regulator talks to banks to calm jitters – sources
China’s securities regulator on Wednesday night held a meeting with executives of top global investment banks with an aim to calm financial markets nerves, people familiar with the matter told Reuters …
Markets Glued to China’s Politburo Meeting for Policy Clues
After a week of market turmoil, China watchers are looking for signals from a key Politburo meeting this week on whether there’s more pain to come and if the central bank will step in with…
China Convenes Banks in Bid to Restore Calm After Stock Rout
China’s securities regulator convened executives of major investment banks on Wednesday night, attempting to ease market fears about Beijing’s crackdown on the private education industry.The hastily …
China’s central bank will conduct bill swap of 5 bln yuan
China’s central bank said on Thursday that it would conduct a central bank bill swap on July 29. The bill swaps, with three-month tenor, were worth 5 billion yuan ($770.4 million), the People’s Bank …
Asian Stocks Rise on China Revival, Reassuring Fed: Markets Wrap
Asian stocks rose Thursday on China’s efforts to soothe market nerves and the Federal Reserve’s reassurance that it’s moving very gradually toward tapering stimulus if the U.S. makes more economic …
China Stock Market See Find Traction On Thursday
The China stock market has moved lower in four straight sessions, plummeting more than 210 points or 6.1 percent in that span. The Shanghai Composite Index now rests just above the 3,360-point plateau …
Asia Stocks Set to Rise as Traders Mull Fed, China: Markets Wrap
Asian stocks look set to rise Thursday after the Federal Reserve inched closer to tapering substantial stimulus but said more economic progress is needed and as traders weigh efforts by China to …
Biden nominates Huawei prosecutor Thea Kendler for key China export post
US prosecutor Thea Kendler, a lawyer on the criminal case against China’s Huawei Technologies Co. and its Chief Financial Officer Meng Wanzhou, will be nominated for a Commerce Department post vital …
China’s regulatory crackdown continues to send shivers through financial markets
A third-straight day of losses across Asia stock markets amid Chinese regulatory crackdown. Plus: The most senior Roman Catholic official at the Vatican has gone on trial charged with financial crimes …
Glavin: Beijing poised to size the climate change agenda — and everyone will pay the price
After having ransacked the economies of the world’s liberal democracies and wrecked what is still quaintly called the “rules-based international order,” Xi Jinping’s police state in Beijing has now …
China’s Big Tech crackdown is about protecting the Communist Party
China is relentlessly cracking down on tech giants ranging from ride-sharing firm Didi ( DIDI) to internet giant Tencent and Alibaba ( BABA) affiliate Ant Financial Group. Along the way, billions of …
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