U.S. authorities claim Huawei used Skycom to obtain embargoed U.S. goods, technology and services in Iran, and to move money via the international banking system. The charges against the company … ( read original story…
Tagged By finance
World Bank board elects U.S. Treasury’s Malpass as next president
This time around, bank board members had said there was little appetite for a challenge to a U.S. candidate from developed economies such as Europe and Japan, and from larger emerging markets such as ……
Trump nominee wins job to run World Bank
a priority that could cause friction with the World Bank’s more affluent borrowers, including China. “The poorest countries face the steepest challenges. In sub-Saharan Africa, the number of people … ( read original story …)
Trump says US, China ’rounding the turn’ in trade talks
The talks resume Friday. China and the U.S. are working to end a standoff that has shaken financial markets and darkened the outlook for the world economy. The U.S. and Chinese negotiators on … (…
China state banks pull back from risky overseas projects
ICBC and Bank of China have risen up the ranks to become Asia’s largest players in infrastructure finance. China’s Belt and Road Initiative, a $1tn plan to build ports, roads and bridges across … (…
Bank CEO says better cultural understand can bring China, US together
China and the US may be able to move past the tensions that have marked their relationship in recent years if citizens of the world’s two largest economies better understand each other’s culture, … (…
U.S. Hails Progress in China Talks Amid Push to Close the Deal
Both countries have yet to agree on what happens to existing U.S. duties on Chinese goods and the terms of an enforcement mechanism to ensure China keeps to the trade deal, the Financial Times ……
Bankruptcy Run in Wealthy China Province Spooks Creditors
China Wanda’s 2.4 billion yuan 5.2 percent bond due September … Another aspect of the SNTON bankruptcy raising eyebrows is a sudden change in its reported financial details. The company announced in … ( read…
China’s Financial Hub Dream for Shanghai 2020 Still Distant: AmCham
SHANGHAI — China’s commercial capital of Shanghai is still far from its goal of becoming a global financial hub by 2020 due to hurdles such as capital controls and a lack of consistent rules, a…
What Did China CBM Group Company Limited’s (HKG:8270) CEO Take Home Last Year?
China CBM Group Company Limited is currently … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. ( read original story …)
China’s Tencent raises $6 billion in bond sale; proceeds for general purposes
The sale was Asia’s largest this year, Refinitiv data showed, exceeding property developer China Evergrande Group’s $2.8 billion issue in January. Tencent sold $2 billion in fixed and floating rate … ( read original story…
Asian shares near eight-month highs, U.S.-China talks in view
On Wednesday, the Financial Times reported the United States and China were closer to reaching a final trade agreement. Investors are keen to see if the ongoing talks lead to an earlier-than … ( read…
Liquor maker Moutai could be China’s first 1000-yuan stock
Analysts at Goldman Sachs, Macquarie Group, Citic Securities and China Securities Finance Corp all have a target price of at least 1000 yuan for Moutai. At 1016 yuan, Goldman’s target would make … ( read…
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