Vanuatu Prime Minister Charlot Salwai has asked the Bank of China to set up operations in the Pacific Island nation, his office said in a statement on Friday.
Tagged By banking
FinMin Aurangzeb’s $15b energy debt discussions with China rescheduled
PM urged Chinese leaders to form a working group to address $15 billion energy debt and $1.8 billion outstanding dues …
China’s central bank conducts reverse repos Friday
BEIJING, July 12 (Xinhua) — China’s central bank conducted 2 billion yuan (280.45 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Friday. The move aims to keep …
Asia’s biggest alternative asset manager mulls new China funds, bucking retrenching trend
PAG is setting up a China fund to lure domestic capital and is considering establishing another that will cater to demand from investors outside of North America, according to sources familiar with …
China Regulator Said to Ask Some Banks to Cut Back Bond Risk
China’s financial regulator asked some rural lenders to shorten the average duration of their bond holdings, according to people familiar with the matter, as authorities seek to safeguard the banking sector amid a relentless rally…
Beijing financial court strengthens support for private businesses
As an intermediate-level court, it mainly handles finance-related civil and administrative disputes in Beijing, including those involving securities, insurance, bank cards, and financial loan …
Why China Is Trying to Curb Short Selling of Stocks
while state-owned China Securities Finance Corp. stopped lending securities to brokerages starting July 11. Earlier this year, China’s largest brokerage — state-controlled Citic Securities — stopped …
China suspends short-selling to boost market confidence
said on Wednesday that it had approved an application submitted by the China Securities Finance Corp Ltd (CSF) to suspend securities relending, with the suspension taking effect on Thursday. Existing …
Explainer: Why does China’s central bank have a new cash management tool?
China’s central bank introduced a new cash management tool this week in the form of temporary bond repurchase (repo) agreements and reverse repos, adding to its various open market operations and creating what could become…
Quant Hedge Funds Dealt Fresh Blow From China’s Short-Sale Curbs
(Bloomberg) — One after another, the money-making trading formulas for China’s quantitative hedge funds are disappearing. Most Read from Bloomberg Saudis Warned G-7 Over Russia Seizures With Debt …
Heavy rains in China result in 6 deaths, widespread damage
To address the urgent needs of those affected, China’s finance ministry has allocated approximately $187 million in emergency funds since late June. These funds are aimed at providing relief and …
China Government Bond Yield Curve Should Steepen on Recent PBOC Measures, Barclays Says
0733 GMT – The Chinese government bond yield curve should steepen on the PBOC’s recent measures, Barclays strategists say, noting the central bank’s announcement Monday that it will conduct temporary …
Why does China’s central bank have a new cash management tool?
China’s central bank unveiled a new cash management tool through temporary bond repo agreements and reverse repos, expanding its monetary policy framework. Market participants see these as crucial …
