SHANGHAI China has allowed its five biggest banks to temporarily lower the amount of money that they must hold as reserves to relieve pressure in its financial system as demand for cash surges ahead of…
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China Aviation Oil Singapore : Date of Release of 2016 4th Quarter and Full-Year Unaudited Financial Results
Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) DATE OF RELEASE OF 2016 4th QUARTER AND FULL-YEAR UNAUDITED FINANCIAL RESULTS China…
China GDP beats expectations but debt risks loom
BEIJING (Reuters) – China’s economy grew a faster-than-expected 6.8 percent … as policymakers grapple with financial risks created by an explosive growth in debt. The fourth-quarter figure is the first time in two years that…
China’s Economy Grows Strongly, Yet Central Bank Eases Policy
BEIJING — China’s economy firmly hit its growth target … And in an unusual move, its central bank on Friday took an extra step to inject more money into the economy over the next month.…
China provides short-term liquidity support for big banks
BEIJING, Jan. 20 (Xinhua) — China’s central bank has provided provisional liquidity support for several big commercial banks to meet rising cash demand ahead of the upcoming Spring Festival. The term of the operation is…
The new silk road: From China to the U.K., world’s longest train route arrives in London
It was once known as the Silk Road, the route along which trade first flourished between China and Europe, bringing silks, spices, Chinese porcelain and gunpowder from the east. But Wednesday the arrival of a…
Taiwan tells Beijing to grow up over Trump ceremony row
China should not be so “narrow-minded”, Taiwan said Thursday, after Beijing pressed Washington to block the island from attending Donald Trump’s inauguration. A former premier will lead Taipei’s delegation as foreign dignitaries from around the…
These Charts Show That China May Be Headed For A Financial Crisis
BEIJING ― There have been mounting concerns among China watchers about a debt bubble growing and possibly bursting. As China has the second largest economy in the world, a Chinese financial crisis would significantly affect…
Here's how Trump will tackle Mexico and China
One key member of Donald Trump’s economic team is cruising toward confirmation, as Yahoo Finance predicted … heavily on promises to remake trade deals with countries such as China and Mexico, to make them more…
China central bank has not announced new MLF loans, as traders fret over cash squeeze
SHANGHAI China’s central bank has not announced any new issue of medium-term lending facility (MLF) loans as of 6 p.m. (1000 GMT) on Thursday, adding to worries about a fierce cash squeeze in its money…
Beijing to spend $2.7 billion on cleaning capital's air
BEIJING — Chinese state media say Beijing will spend $2.7 billion to fight air pollution in the capital this year. The official Xinhua News Agency said Thursday that part of the money will be used…
Hong Kong's former finance chief confirms run for top job
HONG KONG Hong Kong’s respected former financial secretary John Tsang on Thursday confirmed … The city’s next leader will be chosen by a 1,200-member election committee stacked with Beijing loyalists on March 26. The former…
Beijing intends to step up cooperation with Russia in the banking sector.
BEIJING (Sputnik) — China’s State Administration of Foreign Exchange (SAFE) will further develop and expand cooperation with Russia in the banking sector in 2017, a spokeswoman for the SAFE said Thursday. “The State Administration will…
