For Russian President Vladimir Putin, his invasion of Ukraine is not only an attempt to subdue, and possibly destroy, the Ukrainian nation.
Tagged By banking
China says it is tracking its out-of-control rocket amid fears it could drop anywhere on Earth
China is tracking an out-of-control rocket that is set to fall to Earth in the coming days, it has said. Since then, it has begun falling back down to Earth – with even China seemingly…
Exclusive-UBS plans to expand China footprint with new mutual fund unit – sources
UBS Group AG plans to set up a wholly owned mutual fund business in China, two people with direct knowledge of the matter told Reuters, as the Swiss bank seeks to expand its footprint in…
China Wanted Complete Confidential Info of Federal Reserve; Beijing Built a Network of Informants Inside Fed to Access Data: Probe
China recruited US-based economists to receive internal information about Federal Reserve in return for money and other perks.
China’s property sales are set to plunge 30% — worse than in 2008, S&P says
China’s property sales are set to plunge this year by more than they did during the 2008 financial crisis, according to new estimates from S&P Global Ratings.
China to streamline panda bond registration, issuance
China will launch a pilot program to streamline the panda bond registration and issuance mechanism in a bid to further open the country’s bond market, an industrial body announced on Tuesday.
China’s Borrowing Cost Slump Shows Limits of PBOC Policy Easing
There is so much cash sloshing around inside China’s banking system and so little demand for loans that banks are lending each other record amounts of money even as returns shrink, suggesting it will …
China targeted Fed employees for almost a decade, GOP Senate report says; chairman pushes back
A report released Tuesday by Republicans on the Senate Homeland Security and Government Affairs Committee says that China targeted the Federal Reserve for nearly 10 years, working to recruit and …
China Tried To Plant Spies Inside The Fed And Kidnap Economist, Investigation Finds
China has carried out a sustained, decade-long economic espionage operation to infiltrate the U.S. Federal Reserve, according to a report released Tuesday by the Republican staff of the Senate …
China’s mortgage boycott is escalating. Now Evergrande suppliers have stopped paying bank loans
The property crisis in China may have entered a dangerous phase as mortgage boycotts spread and banking corruption shakes confidence, with the shadow of COVID outbreaks and lockdowns also hanging over …
Taiwan’s military holds defense exercises amid tensions with China
Activity on the streets of Taipei ground to a halt as police ordered pedestrians to seek shelter indoors, shops shuttered their doors, and vehicles were forced to pull over.
China plans real estate fund worth up to $44 billion for distressed sector, source says
China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest of up to 300 billion yuan ($44 billion) in a bid to restore confidence in…
China targeted the Fed for more than a decade, Senate report finds
Lawmakers accused the Chinese government of “malign efforts to target, influence and undermine the U.S. Federal Reserve” in a report released Tuesday.
