Tech stocks lead gains in Hang Seng and Nikkei 225, fueled by Beijing stimulus, Trump’s tariff shift, and Fed rate cut hopes …
Tagged By finance
AIIB president calls for ‘fundamental reforms’ to global institutions
Head of Beijing-based multilateral development bank says current global governance structure fails to incorporate emerging economies.
TikTok is intertwined with tariffs as Trump weighs his ‘one very big power over China’
It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president’s mind to…
China issues 4.72t yuan in new local govt bonds in 2024
A clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – China’s local governments issued new bonds worth 4.72 trillion yuan ($658.25 …
China cenbank conducts medium-term loan operation, rate unchanged
China’s central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People’s Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year …
Hong Kong can become a multicurrency bond hub with Beijing’s support: experts
Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says.
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is …
China’s Latest Bid to Boost Stocks Barely Moves the Needle
Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market reaction.
China pushes insurers to invest billions in latest move to support market
China announced plans on Thursday (Jan 23) to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government’s latest effort to support equity markets. Read …
China Steps Up Support for Country’s Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process, the China Securities Regulatory Commission and the Ministry of Finance said in a press briefing.
A 25% Trump tariff on China would be a ‘pressure point’, warns Ralph Lauren CEO
During his presidential campaign, Trump pitched several ways to up tariffs on other countries. Those included a 10% to 20% tariff on all foreign imports, a 60% to 100% additional tariff on Chinese …
China to Allow Foreign Intuitions to Offer New Types of Financial Services in Free Trade Zones
BEIJING (Reuters) – China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial services not yet available in the country in some free trade …
China Levels the Playing Field for Foreign Financial Firms
China is set to grant foreign financial institutions the same treatment as domestic ones in offering innovative financial services within some free trade zones. This move, announced by the central …
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