Beyond the numbers, investors should monitor central bank chatter and stimulus commentary from Beijing. In the Asian futures, the ASX 200 was up 15 points, while the Nikkei was down 80 points on Wednesday. The…
Tagged By banking
Analysis-Debt-laden China’s local governments scramble to rescue small banks with $21 billion in special bonds
Local governments in China have sold record amounts of so-called special bonds this year to inject capital into struggling smaller banks, as authorities seek to contain spillover risks from a …
Here’s why China’s weak economy is good news for the US stock market
“China’s economy is in a property-led and fertility-led depression,” Ed Yardeni said, adding that China is “the world’s largest nursing home.” …
Climate finance in China: How are 23 pilot cities doing?
The pilots now cover 1,500 projects, but questions remain over missing private capital, which projects are eligible and a lack of adaptation work …
One Corner of China’s Weak Market Is Seeing a $25 Billion Rally
Investors desperate for returns in China’s lackluster equities are scooping up some of the smallest and most volatile stocks, sparking a $25 billion rally in one corner of the market in a little over …
China’s Central Bank Signals Slower Credit Growth, Lower Rates
China’s central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their real lending rates, amid concerns that sluggish borrowing demand has weakened the …
UPDATE 2-China’s central bank pledges to support domestic demand
BEIJING, Nov 27 (Reuters) – China’s central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted monetary policy to better support domestic demand. In its quarterly…
Uganda to borrow $150 mln from China’s Exim after World Bank halts funding
Uganda is preparing to borrow $150 million from China’s Export Import Bank (Exim) to help expand its internet infrastructure, the finance ministry on Monday.
China’s economic salvation lies in a ‘consumer-based society’ with market rules that don’t rattle investors: Beijing adviser
From domestic players to foreign firms, a ‘lack of consistent rules’ governing China’s market is holding back its potential, warns prominent economist Zheng Yongnian Countering an unprecedented …
China’s central bank pledges to support domestic demand
China’s central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted monetary policy to better support domestic demand.In its quarterly policy implementation report,
China CBDC progress ‘on track’ with finale ‘not very far away’, says PBOC’s former governor
The conference comes off the back of the HKMA’s three-day Global Financial Leaders’ Investment Summit, which was attended by nearly 300 top global banking and finance executives and scores of central …
China’s central bank sets economy guidelines, local debt risks
China’s central bank on Monday said it will fend off systemic risks to the economy and guide financial institutions to resolve local debt risks, laying out general guidelines for the country’s …
Beijing police investigate major Chinese shadow bank Zhongzhi after it says it’s insolvent
Police are investigating a Chinese wealth management company owned by Zhongzhi Enterprise Group days after the firm told investors it was insolvent …
