Vanguard and Ant Financial have formed an intriguing partnership that allies … International asset managers are racing to strengthen their operations in mainland China, where the pool of assets is … ( read original story…
Tagged By banking
Minority senators warn against joint probe on Recto Bank incident
President Rodrigo Duterte has agreed to Beijing’s suggestion of a joint investigaton in to … that the joint investigation would “determine what really transpired in Recto Bank and find a … ( read original story…
China No Match For Japan in Southeast Asia Infrastructure Race
(Bloomberg) — Japan is still winning the Southeast Asia infrastructure race against China, with pending projects worth almost one and a half times its rival, according to the latest data from Fitch … ( read…
CEO Daily: From Beijing to Osaka, via Pyongyang
Financial Times China’s poker face … NPR Rewriting history. Beijing is banning certain AP History tests provided by a U.S. non-profit, starting from 2020. China’s Ministry of Education … ( read original story …)
Small, medium-sized financial firms vulnerable to cyberattacks, says report
“Banks and other financial institutions are expanding and digitizing their … saying it questions to the wisdom of using communications technology produced in China. Artificial intelligence and … ( read original story …)
The Finance 202: Stock market high threatens to send Trump the wrong message on China
The lesson of past presidential elections is that bashing Beijing is a vote-winning strategy with few … “Investors are now really banking on the G-20 summit.” You are reading The Finance 202, our … (…
China Investors Snap Up Hong Kong Shares of Two Homegrown Banks
Two of China’s biggest banks have suddenly become the favorite Hong Kong equities of mainland investors. Shares of Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. account … ( read original…
Baoshang failure takes a toll in China’s interbank markets as contagion fears grow
Around the same time, Great Wall West China Bank, a regional lender in Sichuan province, set out to sell negotiable certificates of deposit (NCDs) – usually a routine fundraising tool for small … ( read…
Ex-top diplomat Del Rosario hits joint probe into Recto Bank allision
MANILA, Philippine — Former top diplomat Albert del Rosario hit the proposed plan for a joint inquiry between Beijing and Manila into the allision at Recto Bank Del Rosario, in a statement posted by ……
US runs risk of backfire with trade war tariffs, Chinese banking chief warns
Guo Shuqing, chairman of the China Banking Regulatory Commission, the country’s banking watchdog, said on Friday that the United States would “pay a huge price” for the ongoing trade conflict, … ( read original story…
China Looks for a Savior in the Shadows
China’s central bank is stretching its arms far and wide to stem convulsions in the real economy. In the process, it’s lending legitimacy to financial firms that have long operated in the shadows. … (…
China Is Missing Out on Huge Bond Rally Taking Off Globally
That’s even as the People’s Bank of China signaled its readiness to support the economy, with Governor Yi Gang saying he sees “tremendous” room to adjust policy. Authorities have also repeatedly … ( read original…
China National Gold Studies Bid for Canadian Miner Iamgold
A representative for Iamgold declined to comment. The relationship between China and Canada remains tense after the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou in Vancouver … ( read original story …)
