Palau, the Marshall Islands, and the Federated States of Micronesia are currently “under pressure” and may be forced to turn to China for financial help. If this goes through, US defence officials …
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New leak exposes China’s reliance on freelance hacking companies
A trove of leaked documents is providing government officials and security researchers a rare public glimpse inside I-Soon, a private China-based offensive cybersecurity company. Why it matters: The …
China Bank nets record P22 billion
MANILA, Philippines — Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023. “Our strong growth in 2023 …
US could lose strategic Pacific islands to China over blocked funding
United States defence officials have warned the US may lose ground to China if it does not grant funding to vital island nations used by the military in the Pacific.It comes after the leaders of…
China’s State-Backed Funds Have Bought $57 Billion of Stocks, UBS Says
China’s state-backed funds have poured more than 410 billion yuan ($57 billion) into onshore shares this year in a bid to prop up the market, according to estimates by UBS Group AG, which expects …
Why isn’t China letting Russia take out yuan loans in their ‘no-limits’ partnership?
Analysts say that while enhanced financial ties between the two countries could help internationalise China’s currency, Beijing tends to play it safe when upholding its neutrality regarding the war in …
Global Times: Now it’s time to phase in market-oriented, law-based, internationalized oversight system to guide China’s stock market growth: scholar
There is a consensus among Chinese regulators over the need to ratchet up the confidence of market participants to draw further investment to the equities market.
China’s Ongoing Market Crackdown: Signals of Unlearned Lessons?
These measures could negatively impact investor appetite and raise doubts about market transparency and price discovery. Analysts argue that China should prioritize economic reforms to rebuild …
Smith and Nephew lifts outlook as medical device revenue growth offsets China slowdown
It wasn’t all plain sailing for the medical tech giant however, with its operating profit for the year down to £335m, from £356m.
What are shadow banks and why are they failing in China?
Shadow banks, such as Sichuan Trust and Zhongzhi, are non-bank financial institutions, such as credit guarantee companies, hedge funds and asset management companies, that provide some of the key …
China’s National Team Bought $57 Billion of Shares, UBS Says
China’s state-backed funds have poured more than 410 billion yuan ($57 billion) into onshore shares this year in a bid to prop up the market, according to estimates by UBS Group AG, which expects …
China highly-concerned about trade remedy investigation started by EU on EVs
China is highly-concerned about the trade remedy investigation initiated by the European Union on China’s electric vehicles and other products, the country’s commerce minister said in meeting on …
Exclusive: StanChart suspends new investments from clients via China outbound channel
HONG KONG, Feb 27 (Reuters) – Standard Chartered (STAN.L), opens new tab has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week, the …
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