LONDON (Reuters) – Bank of England policymakers face conflicting signals about … A decade-long battle by luxury brands to defend their image neared an end on Wednesday when an… BEIJING (Reuters) – China’s largest provider…
Tagged By banking
China Did Stimulus the Wrong Way
In China, there are four really big banks owned by the central government — Agricultural Bank of China, Bank of China, China Construction Bank and Industrial and Commercial Bank of China. When the aftershocks of…
China says to steadily expand opening of capital markets
BEIJING/SHANGHAI (Reuters) – China’s securities regulator pledged on Wednesday to expand access to capital markets for all types of investors, while encouraging more long-term institutional participation in the financial domain. In a brief report on…
China Seeks to Export Its Green Finance Model to the World
BUENOS AIRES, Jul 26 2017 (IPS) – Hand in hand with the UN Environment Programme (UNEP) and the Inter-American Development Bank (IDB), the People’s Bank of China (PBoC) disembarked in the Argentine capital to prompt…
Why Ponzi schemes are thriving in China despite crackdowns
The financial naivety of the public and a collective desire for unfeasibly high returns have helped fuel the proliferation of fraudulent investment schemes in China, according to an academic. “China’s financial markets were opened in…
Central bank stresses neutral monetary policy, financial regulation
BEIJING — China’s central bank said Tuesday it would continue to implement a prudent and neutral monetary policy and step up financial regulation to prevent systemic risks. The People’s Bank of China (PBOC) will maintain…
Traders shift attention to Chinese brokerages as crackdown continues on financial industry
Dai holds shares in Guotai Junan Securities, China’s third-biggest listed brokerage by market … as the regulatory crackdown on financial leveraging deflates bubbles in small-cap shares, which are still more than three times as expensive…
Financial risks to be prevented
China will strengthen the coordination of financial regulation, stabilize the property market and prevent systemic financial risks, according to a statement issued after a top leadership meeting on Monday. “Financial disorder will be tackled thoroughly…
Watch out for ‘grey rhino’ in jungle of financial risks
BEIJING – Every major economy has its own “grey rhinos” – big and neglected economic risks. In China’s case, it is the rapid build-up of financial risks caused by debt-fueled investment growth, as People’s Daily,…
China c.bank says will strictly regulate financial market trading
BEIJING, July 25 (Reuters) – China’s central bank said on Tuesday that it would strictly regulate financial trading and strengthen the regulation of internet finance as policymakers looks to control risks in what regulators have…
China vows tight financial oversight in second half
BEIJING — China’s top decision-making body signed off Monday on an economic agenda that appears to maintain a hard line on the financial sector for the rest of 2017. The Politburo of the Communist Party,…
Asian Financial Cooperation Association launched in Beijing
China has launched on Monday a new international financial institution, the Asian Financial Cooperation Association (AFCA). The regional non-profit organization is registered with China’s Ministry of Civil Affairs, involving financial institutions … ( read original…
UPDATE 1-Brushing off bank worries, HNA taps Goldman for unit Pactera’s IPO – sources
has tapped investment bank Goldman Sachs to list Pactera, the Beijing-based IT outsourcing firm it bought from private equity firm Blackstone, sources familiar with the matter said. The mandate for the U.S. initial public offering…
