WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross signaled on Friday that Washington may flex its muscle with additional trading partners in order to exert pressure on China to open its marke… ( read original…
Tagged By banking
Bank Danamon Wins Asiamoney‘s Best Digital Bank Award
Indonesia by Asiamoney at the Asiamoney Best Bank Award 2018 in Beijing, China, Sept 18. This Best Digital Bank Award had been achieved by Bank Danamon for 2 consecutive years. Asiamoney is a leading ……
Financial Times says Hong Kong denied editor’s visa renewal
Hong Kong authorities have refused to renew the work visa of a senior editor of the Financial Times, the newspaper said Friday, a move that came after he chaired a talk by a pro-independence activist…
China’s Sept new loans seen rising as policymakers seek to underpin growth
BEIJING (Reuters) – Growth in China’s new bank loans likely rebounded modestly in September after easing the two previous months, as the government sought to ensure sufficient liquidity while keeping … ( read original story…
China: Slowdown but no hard landing – Danske Bank
Analysts at Danske Bank, see the USD/CNY moving to 7.2 in 12 months. They expect US and China monetary policies to move in opposite directions. “Chinese growth has slowed down moderately in 2018 follo… (…
China’s monetary stability stance gets a shakedown
China’s paramount leader … The current “low” rate of broad money growth is a result of a clamp down on shadow banking, curbs on local government debt, limits on real estate lending … ( read…
Asia falls on increased U.S.-China tension
National Australia Bank also declined by 0.7% and Westpac Banking Corp fell … White House economic advisor Larry Kudlow said in an interview on Monday that a trade deal with China is not “imminent.” ……
China’s election meddling and NFP to keep traders busy
ON first China could charge a decent premium on the INR-CNY currency … India’s refineries have been busy bees loading up on Ironing oil ahead of Nov 4 sanctions, and traditional USD banking settleme… (…
China preps rare $3 bn bond, seeks global vote of confidence amid trade war
said a syndicate banker for Asia at an international bank, who is not involved in the deal. Investors placed orders for more than 10 times the amount on offer last year, when China raised $2…
Hong Kong’s economy to wobble as US-China trade war, high interest rates take their toll, says Standard Chartered
The bank cited the US-China trade war, the likelihood of further interest rate rises, an expected slowdown in exports, and disappointing growth in the second quarter, in its “Global Focus – Q4 2018” r… (…
Pence Casts China as Republican Campaign Foe in Harsh Speech
Pence accused China of “a whole-of-government approach” to sway American public opinion, including spies, tariffs, coercive measures and a propaganda campaign. The speech at the Hudson Institute in Wa… ( read original story …)
China preps rare $3 billion bond, seeks global vote of confidence amid trade war
HONG KONG (Reuters) – China is testing global investors’ appetites … The Chinese Ministry of Finance has mandated 12 banks, including international banks such as Deutsche Bank and Goldman … ( read original story …)
JPMorgan is now forecasting an all-out trade war between China and the US — and it could cause havoc for Chinese stocks
Oliver Contreras/Getty; Greg Baker/Getty; Shayanne Gal/Business Insider JPMorgan initiated a new base case for the trade war — tariffs on all trade flowing between China and the USA. “A full-blown tra… ( read original story…