Pakistan’s finance minister says Beijing has rolled over a $2.4 billion loan for his country for two years, a move aimed at helping Pakistan overcome a lingering economic crisis.
Tagged By banking
Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition in China, its most important market.
China’s voluntary carbon market could relaunch as early as October to support country’s climate efforts, experts say
CCER is seen as an important supplementary mechanism to China’s national Emissions Trading Scheme (ETS), and experts say an earlier reboot would help the country’s climate efforts.
Pakistan Says China Has Rolled Over $2.4 Billion Loan for Two Years
ISLAMABAD (Reuters) – Pakistan Finance Minister Ishaq Dar said on Thursday that China has rolled over a $2.4 billion loan to Islamabad for a period of two years, a boost to the South Asian economy…
China’s Debt Ratio Hits Record, Masking Slowdown in Borrowing
China’s debt-to-GDP ratio rose to a record in the second quarter, although consumers and businesses are borrowing at a slow pace, reflecting low confidence that’s hitting economic growth.Most Read from BloombergPowell Has Stopped Handing Gifts…
What Do These 3 China Stocks Have in Common? Quality and Smart Money Interest
connecting underserved individual borrowers with financial institutions in China and internationally. It is engaged in operating an online consumer finance platform. FINV’s products and services include loan services and investment services. Institutions …
Malaysia’s a big draw for China’s Belt and Road plans. Finishing them is another story
The Malaysian East Coast Rail Link is a successful feat so far compared to some other Chinese investments in the country — even if it has blown past deadlines and budgets.
The morning catch up: Fed raises cash rate again; Rio faces China challenges
The ASX is expected to get off to a flat start this morning. ASX 200 futures are trading 1 point lower, down -0.01% as of 8:20 am AEST. Today’s …
Marketmind: China realism returns, Powell has spoken
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A sense of cautious optimism could be the tone across Asia early on Thursday as China’s markets …
MORNING BID ASIA-China realism returns, Powell has spoken
July 27 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A sense of cautious optimism could be the tone across Asia early on Thursday as China’s…
Pan Gongsheng: Who is China’s surprising pick for central bank boss?
China has named Pan Gongsheng as the new governor of its central bank, the People’s Bank of China (PBOC). The 60-year-old’s appointment comes as the country continues to struggle with major economic …
ASML Shakes Off More China Restrictions, Raises Guidance — What Investors Need to Know
Thanks to its specialized machinery and the world’s insatiable hunger for more powerful chips, ASML has been able to put up impressive financial numbers, even in a tough time for the chip sector …
China May Bring In Swap Scheme for Hidden Local Gov’t Debt, Experts Say
(Yicai Global) July 26 — China’s central government will likely introduce a swap scheme for hidden local government debts to help address the issue, according to financial experts.
