TOKYO (Reuters) – Japan will boost visa support, lure more international schools and streamline procedures for obtaining investment management licenses to attract highly skilled foreign finance … ( read original story …)
Tagged By banking
China’s Top Liquor Maker Is Worth More Than Its Biggest Bank
Hitting the bottle too much during the coronavirus lockdown could be a problem. Investors in Kweichow Moutai, however, are glowing with health. ( read original story …)
China’s central bank issues 10 bln yuan of bills in Hong Kong
China’s central bank on Tuesday issued 10 billion yuan (about 1.42 billion U.S. dollars) of six-month renminbi central bank bills in Hong Kong with an interest rate of 2.21 percent. The issuance was … (…
Asian stocks climb after volatile trade on U.S.-China trade confusion
Asian equity markets bounced on Tuesday after U.S. President Donald Trump said the U.S.-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate … ( read original story…
China’s central bank injects 200 bln yuan into market Tuesday
China’s central bank on Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. With no reverse repos maturing Tuesday, the People’s Bank of China injected a total of 200 … (…
China’s biggest bank makes inroads into India market
The Beijing-based bank saw its loan book grow 42% in a year to ₹1,250 crore in FY19.ICBC also has 1,504 crore invested in government securities, including ₹45 crore kept with RBI under Section 11(2) (…
White House adviser Navarro says China trade deal is ‘over’
White House trade adviser Peter Navarro said on Monday the trade deal with China is “over,” and he linked the breakdown in part to Washington’s anger over Beijing’s not sounding the alarm earlier … (…
China Admonished by Europe Over Hong Kong, Virus, Economy
The European Union and China sparred over geopolitics and economics on Monday when the heads of the bloc’s main institutions held video conferences with the Chinese premier and president.EU criticism … ( read original story…
Bank of China Weighs Ending Wirecard’s Credit Line
Bank of China Ltd. is discussing ending a credit facility to Germany’s Wirecard AG, a move that would complicate the beleaguered company’s fight for survival after it was engulfed by a … ( read original…
Ministry, bank sign MoU to stabilize foreign trade
BEIJING, June 22 (Xinhua) — China’s Ministry of Commerce (MOC) has inked a memorandum of understanding (MoU) with China Construction Bank (CCB) to jointly take measures to help firms overcome … ( read original story…
Coronavirus only a blip for China’s belt and road plan, says former central bank chief
Zhou Xiaochuan, a former governor of China’s central bank, says recent setbacks for the Belt and Road Initiative due to the coronavirus will be short-lived. ( read original story …)
China’s largest investment bank CICC says sorry after disciplinary action by Hong Kong regulator on breaching city’s takeover code
China International Capital Corp has been criticised by Hong Kong’s securities watchdog for breaching the city’s takeover code.The investment banking group, ranked fourth last year in Asia outside … ( read original story …)
China Steps Up Loan Relief, Delays Risk Exposure to Help Economy
Chinese banks have offered relief on 3.9 trillion yuan ($551 billion) of loans since the outbreak of the coronavirus pandemic to help struggling small businesses and bolster an economy facing its … ( read original…
ADVERTISEMENT
