Since AIIB is a multilateral development bank, officials feel that the clause would benefit Indian companies and help in creating jobs for Indians. ( read original story …)
Tagged By banking
Harboring Hong Kong ‘rioters’ will harm Taiwan, China says
Offering protection to “rioters” from Hong Kong will only harm Taiwan’s people and is an interference in the Chinese-ruled city’s affairs, China’s government said, denouncing plans by Taiwan to help … ( read original story…
Wins Finance Holdings Receives Nasdaq Notification of Noncompliance with Independent Director and Audit Committee Requirements
BEIJING and NEW YORK, June 19, 2020 /PRNewswire/ — Wins Finance Holdings Inc. (“Wins Finance” or the “Company”) (NASDAQ: WINS), a diversified investment and asset management company that provides … ( read original story …)
China stocks end week higher as Beijing pledges reforms, liquidity support
China stocks rose on Friday to finish the week higher, led by gains on the start-up board, as investors cheered Beijing’s pledge for reforms and liquidity support to bolster the world’s second-largest … ( read…
The Finance 202: Bolton book dismantles Wall Street narrative of Trump as a China hawk
John Bolton’s book, through explosive revelations told in detail, obliterates the notion President Trump was serious about forcing a fundamental overhaul of the U.S.-China relationship. Instead, … ( read original story …)
Beijing Outbreak Tops 180 as China Says Peak Has Passed
Beijing reported 25 new infections on Friday, lower than at the start of the week, after China declared that the peak of the outbreak has passed. ( read original story …)
Hong Kong security law: China backs city’s status as financial hub as it brushes aside G7 concerns
China on Thursday moved to allay investor concerns about the impact of a new national security law on Hong Kong’s status as a financial hub, the same day the national legislature pushed ahead with a…
Killing Bank Profits Is a Pretty Desperate Move
Asking lenders to pass on their earnings to support small businesses shows China’s financial system was failing in the first place. ( read original story …)
Beijing needs to boost confidence as draft Hong Kong security law nears
Premier Liu He and other top officials to maintain Hong Kong’s status as an international finance hub comes ahead of details of controversial legislation being made public. ( read original story …)
News updates from Hindustan Times at 9 pm: Railways to terminate contract with Beijing firm, World Bank’s nod sought and all the latest news
Here are today’s top news, analysis and opinion at 9 PM. Know all about the latest news and other news updates from Hindustan Times. ( read original story …)
Beijing Seen Under Control; U.S. Unemployment: Virus Update
The peak of Beijing’s new coronavirus outbreak has already passed and further infections should be “sporadic,” the country’s chief epidemiologist said. Israel will pause any further reopening of the … ( read original story …)
Merkel Seeks Swift EU Deal; Beijing Curbs Travel: Virus Update
German Chancellor Angela Merkel called for a swift deal to pull the European Union out of its worst recession since World War II. Germany’s infection rate fell, while the number of new cases remains ……
China committed to maintaining Hong Kong’s status as an international financial hub, Vice-Premier Liu He says
Premier Liu He said on Thursday that Beijing is committed to maintaining Hong Kong’s status as an international financial hub.In a rare statement by a senior Chinese leader on Hong Kong’s affairs, Liu … (…
