The days of using long-winded debates to block Hong Kong government funding requests could soon be over as the Legislative Council’s pro-establishment camp is close to finalising a plan to restrict filibustering in its finance…
Tagged By banking
BANKING & FINANCE JOB | First Bank of Nigeria Limited Latest Job Recruitment (5 Positions)
First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets … as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi. ( read original story …)
Shunning Beijing’s infrastructure bank was a mistake for the US
The Obama administration’s negative response to China’s proposed Asian Infrastructure Investment Bank was a strategic mistake. Though some Chinese moves might be destabilising and require US resistance, this initiative should have been welcomed. ( read…
World Bank raises growth forecast for China to 6.7 percent
EPA-EFE/FILE/WU HONG A Chinese man holds a tool while walking in an urban-rural integration area in Beijing, China, Mar. 30, 2017. EPA-EFE/FILE/WU HONG The World Bank raised China’s growth forecast for 2017 from 6.5 percent…
Private players feeling squeezed out by Beijing’s support for state companies
But the business’s prospects were still gloomy because the plant risked being gobbled up by a big company as Beijing encouraged large … of players supported through subsidies, low-interest bank loans, export tax rebates and…
China is CONTROLLING EU: Shock warning China using financial clout to influence Brussels
Proposals to make life more difficult for Chinese investors to muscle in were watered down by eurocrats leaving big hitters from the east free to snap up Europoean companies in strategic sectors. France, Germany and…
South China Financial Holdings Ltd. (0619) Is Yet to See Trading Action on Oct 5
Shares of South China Financial Holdings Ltd. (HKG:0619) closed at 0.052 yesterday. South China Financial Holdings Ltd. currently has a total float of 15.06B shares and on average sees 18.63M shares exchange hands each day.…
Soaring rates of ‘shadow banking’ add to fears of Chinese debt, warns World Bank
Fears that the steep growth of shadow banking could trigger a debt crisis in China’s have been highlighted by the World Bank. In its October report on the East Asian and Pacific economies, the Washington-based…
China Prefers Patriotic Entrepreneurs
This relationship has become more complex since China opened up its economy from the latter part of the 1970s. Post decades of red-hot economic growth, President Jiang Zemin took the decision in 2001 to accept…
World Bank raises East Asia growth forecasts, sees geopolitical risks
Excluding developed economies such as Japan and South Korea, the higher rate is led by China, whose growth projection was revised up 0.2 point to 6.7 per cent, the bank said in its latest East…
Guinea-Bissau Reduces Outstanding Debts with China’s Exim Bank by 90%
Following an official request for support from the Government of Guinea-Bissau, the African Legal Support Facility (ALSF) has provided creditor litigation support and advisory services to Guinea-Bissau during outstanding debt negotiations with the Export ……
Whiff of monetary easing sends China stocks to 2-year high
Mainland stocks listed in Hong Kong closed at their highest level in more than two years on Wednesday after China’s central bank cut the share of deposits that commercial banks must hold in reserve. The…
World Bank raises China GDP growth forecasts
The World Bank has raised its forecast for China’s GDP growth in 2017 to 6.7 percent and 6.2 percent in 2018, from a previous forecast of 6.4 and 6.2 percent respectively. “The economic outlook for…
