A consumer-finance unit of China’s embattled Ant Group on Friday said it would search for new partners after three investors, including a state-owned company, pulled out of a capital-raising plan …
Tagged By finance
Hawkish Fed speak continues, China GDP in focus
Equity indices decline after weakness on Wall St.; JP equities lag, JGB yields and Yen rise amid focus on BOJ; Hawkish Fed speak continues; China GDP in focus. – China Dec Trade Surplus well above…
Joe Biden nominates Sarah Bloom Raskin to be Fed’s top banking regulator
Joe Biden has tapped Sarah Bloom Raskin, the former deputy Treasury secretary, to lead financial oversight for the Federal Reserve as the White House seeks tougher regulations on big banks and greater …
Think tank: China to grow 5.5% this year
BEIJING: China’s economy is expected to grow around 5.5% in 2022, bringing the average annual growth rate forecast for 2020 to 2022 to 5.34%, according to a top government think tank. The gross …
Lithuania Says China Using ‘coercive Methods’ To Make Vilnius Change Its Taiwan Policy
Lithuanian Foreign Minister Gabrielius Landsbergis stated that China is adopting coercive techniques to get Vilnius to reverse its Taiwan policy.
China’s taxpayers on edge as Beijing tightens oversight with big data and artificial intelligence
From small business owners to the wealthy, Chinese are bracing for greater scrutiny under a new tax surveillance system that will deploy big data and artificial intelligence.
POLL-China growth seen slowing to 5.2% in 2022, modest policy easing expected
China’s economic growth is likely to slow to 5.2% in 2022, before steadying in 2023, a Reuters poll showed, as the central bank steadily ramps up policy easing to ward off a sharper downturn. Repeats…
Global financial crash: China’s ‘pearl in the crown’ latest to suffer economic crisis
GLOBAL financial crash fears continue to remain high as one Chinese bank faces being the latest casualty of the country’s property market.
How Beijing uses its billions to buy political influence around the world: From £685bn invested in the Commonwealth, building 5G ‘spy’ networks to ‘take-overs’ through Latin …
In recent years, China’s bid for world power has seen the Communist Party make more aggressive interventions in the internal affairs of smaller states in Latin America and the Caribbean.
Rajapaksa asks Beijing for help to restructure its debt while India keeps a watchful eye
Indebted and grappling with a severe financial crisis, Colombo tries to balance the interests of Beijing, Delhi and Washington … a long-term plan to finance as well as build infrastructure linking …
China’s Cinda scraps $944 million investment into Ant’s consumer finance unit
The investment would have increased Cinda’s interest in Chongqing Ant Consumer Finance Co Ltd to 24%, making the asset manager its second-biggest investor. Cinda already owns a 4% stake in the Ant …
Bank of China Released Report on Global Asset Allocation Strategy: A-shares and H-shares are Recommended
NEW YORK, NY / ACCESSWIRE / January 13, 2022 / Bank of China (SEHK:3988) released the Report on Global Asset Allocation Strategy by Private Banking of China for the fourth consecutive year, suggesting …
China Development Bank receives first funds through carbon reduction tool
Aerial photo taken on Dec. 15, 2021 shows a 550 megawatts photovoltaic (PV) power station in Wenzhou, east China’s Zhejiang Province. (Xinhua/Xu Yu) BEIJING, Jan. 13 (Xinhua) — The China Development …
