Citigroup is hiring more private bankers to compete with HSBC and rivals in Hong Kong, as wealthy clients seek alternatives to volatile stocks to boost returns …
Tagged By finance
China Factory Prices Rise Faster Than Expected as Oil Surges
China’s factory gate prices rose more than expected in March as oil prices climbed, putting pressure on manufacturers that are already struggling to operate amid repeated Covid outbreaks. Most Read …
Oil Slips as China’s Worsening Outbreak Raises Demand Concerns
Oil edged lower at the start of the week as investors assessed the outlook for Chinese demand following a worsening coronavirus resurgence that’s led to a series of lockdowns. Most Read from …
Babel Finance has completed a two year $50 million BTC/ETH cross-currency swap
SINGAPORE – Media OutReach – 11 April 2022 – Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum.Why is this …
China oil giant CNOOC to raise at least $4.4 billion in Shanghai listing
One of China’s biggest oil companies, CNOOC Ltd., plans to raise $4.41 billion from a Shanghai listing, after its shares were delisted from the New York Stock Exchange.
Harvard Endowment’s Debate Shows Private Equity’s China Struggle
China-focused private equity firms are struggling for new cash, hit by increased skepticism among U.S. pension funds and endowments about the growing political and market risks of Asia’s largest …
RPT-UPDATE 1-Shanghai residents question human cost of China’s COVID quarantines
Lu, 99, was a long-time resident at Shanghai’s Donghai Elderly Care hospital, her loved ones secure that she was getting round-the-clock care at the city’s largest such centre. That was before …
Chinese Finance Minister says country seeks to promote financial cooperation among BRICS countries
Chinese Minister of Finance Liu Kun on Friday said that the country seeks to continue promoting fiscal and financial cooperation among BRICS countries while speaking at the First BRICS Finance …
Toyota, China carmakers set to join EV price war in Thailand: gov’t source
Spurred by growing domestic demand for electric vehicles (EV), manufacturers in Japan and China are set to seek government subsidies to cut EV prices in Thailand, according to a finance ministry …
China is ‘a bully’: Former Australian treasurer and US ambassador
When politicians stop being politicians and diplomats stop being so diplomatic, we get to the heart of things.
Jilin, China’s main grain producer, offers support to virus-affected farming sector
As one of the largest grain producers of the country, Northeast China’s Jilin Province is making every effort from finance to transportation to fully support the normal operations of spring farming …
China’s agricultural policy bank pledges massive loans for seed industry
Agricultural Development Bank of China (ADBC), one of the country’s three policy banks, will issue no less than 100 billion yuan (about 15.6 billion U.S. dollars) of loans from 2021 to 2025 to support …
China’s military modernisation & its implications for India: Part I
In 2015, the Chinese Communist Party (CCP) announced the most extensive set of reforms for the Peoples Liberation Army (PLA) in its history. These reforms sought to consolidate President Xi Jinping’s …
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