Tag: banking

On a sweltering July afternoon in Beijing, two Bloomberg staffers set out to find Guan, who until recently controlled a stake in airlines-to-finance conglomerate HNA Group Co. that on paper was worth almost $18 billion. The first stop was the headquarters ... ( read original story ...)

and that Beijing is willing to improve trade ties. A senior Chinese official said on Monday there was no link between North Korea's nuclear program and China-U.S. trade. Wyden, the top Democrat on the Senate Finance Committee, wrote to Lighthizer urging ... ( read original story ...)

Beijing has a strong grip on American technology companies ... Senator Ron Wyden of Oregon, the ranking Democrat on the Senate Finance Committee, which handles trade issues, met with Mr. Lighthizer Wednesday morning and gave him a letter supporting ... ( read original story ...)

according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Time right to loosen controls on yuan-dollar exchange rate, says China state-run paper Gavekal Research chief executive Louis-Vincent Gave said Beijing’s push to make ... ( read original story ...)

and that Beijing is willing to improve trade ties. A senior Chinese official said on Monday there was no link between North Korea's nuclear program and China-U.S. trade. Wyden, the top Democrat on the Senate Finance Committee, wrote to Lighthizer urging ... ( read original story ...)

The Australian Financial Review revealed last month the new Chinese owner ... It is offering consumers in Beijing, Shanghai and surrounding provinces eight litres of fresh milk over a month for 618 yuan or around $14.30 a litre. That compares to $10.20 ... ( read original story ...)

Leshi acknowledged in its statement that its delay in paying back the 50 million yuan loan had caused a Beijing branch of the bank to undergo risk prevention efforts on the loan. Local media had reported earlier in the week that the bank had applied for a ... ( read original story ...)

Beijing is investigating fraudulent declarations of domestic ... additional approvals from the regulators for these types of transactions. In June, China’s bank regulator ordered domestic lenders to assess the “systemic risk” presented by “some ... ( read original story ...)

BEIJING: China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on yesterday, citing a document. Large state-owned ... ( read original story ...)

Citigroup Inc. and Bank of America Corp.'s Merrill Lynch unit -- also in the ... You only have to look across the water to Macau to see that Beijing's crackdowns often have a short shelf-life, so it's quite possible the dealmaking party will kick off ... ( read original story ...)