BEIJING (Reuters) – Billions of dollars in funds exited China’s commodities futures in less than a week, the most since February, as regulators curbed speculative trading in a display of Beijing’s power to swiftly cool…
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China Said to Formally Arrest 16 Crown Staff
Nov.20 — Shares of Crown Resorts are fell at the open after reports that 16 employees have been formally arrested in China over alleged gambling related crimes. Bloomberg’s Paul Allen reports on “Bloomberg Daybreak: Asia.”…
Why China Is Interested in U.S. Assets
Nov.21 — Skadden Arps Slate Meagher & Flom Partner Eileen Nugent discusses Chinese interest in U.S. assets and her outlook for mergers and acquisitions. She speaks on “Bloomberg Markets.” ( read original story …)
China Renaissance goes Live with Fidessa
China Renaissance provides a wide range of financial services including private placements, mergers and acquisitions, underwriting, securities brokerage and asset management. “We are committed to building an equities platform that better serves both … (…
China's former finmin to head national pension fund: Caixin
BEIJING China’s former finance minister Lou Jiwei will take charge of the national social security fund, financial magazine Caixin reported on Saturday. Lou has been appointed as chairman of the National Council for Social Security…
China stocks climb to near 11-month high; Hong Kong also up
Both China’s blue-chip CSI300 index and the Shanghai Composite … Shanghai-based head of equity trading at investment firm Shanshan Finance. “Valuation in cyclical stocks is relatively low compared with growth shares, and the sector could…
China's Fosun builds stake in Portugal's biggest bank
LISBON, Portugal – Shares in Banco Comercial Portugues, Portugal’s biggest listed bank, have surged after China’s Fosun took a stake that has made it the bank’s biggest shareholder. BCP S.A. shares were up more than…
CreditEase Founder & CEO: Financial Technology and Innovation Critical to Continued Growth of Global Industry
“China’s fintech market is the largest in the world … When we were starting out, CreditEase volunteered to work with financial institutions to make our business more secure. By working with the banks, all transactions…
Fintech VC investment in China Remains Unaffected by Global Decline in Start up Investment: Report
(Photo : Getty Images) China continues to attract huge investment from venture capital (VC) investors in financial technology (fintech) space, despite downturn in the global investment across startup companies. This is according to a report…
China gives N12m aid to 1,000 FCT pupils
The Embassy of the Peoples Republic of China in Nigeria has given a N12m financial aid to 1,000 pupils of 200 primary and secondary schools in the Federal Capital Territory. The Chinese ambassador, Mr. Zhou…
China Warns Trump On Trade, Calls For Massive 21-Nation Pact
(Photo: Reuters/Mariana Bazo) Xi said that China has contributed to 40 per cent of global growth since the global financial crisis. China’s economy is now cooling as it seeks to rebalance growth away from exports…
China says terrorism, fake news impel greater global internet curbs
WUZHEN, China (Reuters) – China’s ambitions to tighten up regulation of the Internet have found a second wind in old fears – terrorism and fake news. Chinese officials and business leaders speaking at the third…
Brexit No Barrier for China's New Financial District Plan in London
With Britain trying to hammer out the terms of its exit from the European Union and banks considering their options on the continent, is this the best time to start building a new financial district…
