Tag: banking

SHANGHAI (Reuters) - China's Ant Financial will invest $200 million in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao Corp, extending a major push by the Chinese firm to create a global network of financial assets. ( read original story ...)

SHANGHAI Feb 21 China's banking regulator is allowing banks in the southern Chinese province of Guangdong to count negotiable certificates of deposit with a tenor of more than 90 days as part of their minimum regulatory capital requirement, three sources ... ( read original story ...)

SINGAPORE/NEW DELHI/BEIJING (Reuters) - China's Sinochem is exploring the sale of its 40 percent stake in Brazil's Peregrino offshore oilfield, four people familiar with the matter told Reuters, a deal that could see the state-owned conglomerate walk away ... ( read original story ...)

A surprise announcement from Beijing last weekend that it had banned coal imports from North Korea is causing a fracas in China 's coal market, as traders scramble for supplies of the commodity that is used in steel-making and heating. In 2016, China ... ( read original story ...)

BEIJING—The top executive at Canada’s largest retirement ... launch of a Chinese translation of Fixing the Future — a book tracing the political and financial hurdles that were overcome when the Canada Pension Plan Investment Board was created ... ( read original story ...)

Programs to support the coordinated development of Beijing, Tianjin and Hebei province－into a planned new city cluster expected to fuel the growth of the whole Bohai Bay area in the coming decades－will get the backing of Tianjin's banking sector ... ( read original story ...)

Biopharmaceuticals are medical drugs produced using biotechnology. They include proteins (including antibodies), nucleic acids (DNA, RNA or antisense oligonucleotides) and living microorganisms like virus and bacteria where the virulance of viruses and b.. ( read original story ...)

China has announced it is suspending all coal imports from North Korea until the end of the year in a move which will deal a major financial blow to the Pyongyang regime. The surprise announcement by the Chinese Commerce Ministry is a sign of Beijing ... ( read original story ...)

Now comes a daunting new challenge – to not only differentiate himself from his predecessor in terms of public finance philosophy, but also to win the trust of his future boss and Beijing. Recent eyebrow-raising comments by former chief secretary Carrie ... ( read original story ...)

BEIJING — China will suspend all imports of coal from North Korea until the end of the year, the Commerce Ministry announced Saturday, in a surprise move that would cut off a major financial lifeline for Pyongyang and significantly enhance the ... ( read original story ...)