BEIJING (Reuters) – New bank loans in China are expected to have picked up to a five-month high in June, a Reuters poll showed, as Beijing kept ample liquidity in the financial system to support…
Tagged By finance
China central bank suspends some traders at Ping An Bank and China Merchants Bank
SHANGHAI (Reuters) – China’s central bank said on Monday it has suspended some traders at Ping An Bank and China Merchants Bank for a year for involvement in “abnormal” trades. The People’s Bank of ……
Wall Street Banks Struggle to Hire Local Talent in China
“There’s a big question mark over the sustainability of their China investment.” The hiring challenges extend beyond investment banking. Jason Tan, director at recruitment agency Kelly … ( read original story …)
Fed easing could prompt first China rate cut in four years – analysts
SHANGHAI (Reuters) – China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected cut in late July … ( read…
China’s Financial Plumbing Is Getting Leakier
Markets are a psychological phenomenon—a set of beliefs about how the world works and what things are worth. When assumptions are challenged, the results can be stomach-churning. Unnoticed by most of … ( read original…
U.S. Fed easing could prompt first China rate cut in 4 years – analysts
SHANGHAI, July 8 (Reuters) – China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected cut in late July, analysts…
Canada needs to put financial pressure on China’s leadership
I feel sorry for any country whose old fool leader plans to stick around forever, whether that country be China, Russia, Iran, North Korea or the United States. I see no problem marketing Canadian ……
Interested In Beijing Beida Jade Bird Universal Sci-Tech Company Limited (HKG:8095)? Here’s How It Performed Recently
Though Beijing Beida Jade Bird Universal Sci … 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 June FX reserves rise more than expected amid trade truce
SHANGHAI — China’s foreign exchange reserves rose more than expected in June, as growing hopes for a trade war truce with the United States helped ease downward pressure on the yuan currency. … ( read…
US-China trade truce is good for markets, but bad for Canada
There was relief in financial markets when U.S. President Donald Trump recently called a truce in his trade war with China. But the news is cold comfort to anyone who cares about the long-term health…
China & Gulf expansion to boost Trade Bank of Iraq’s revenues, says chairman
State-owned Trade Bank of Iraq (TBI) is expanding into China and the Gulf, seeking to lift its revenues from retail banking and international operations to 30 percent by 2022 from 25 percent now … (…
Wall Street Banks Are Struggling to Hire Local Talent in China
The talent crunch complicates efforts by overseas banks to take advantage of China’s financial opening, which has continued apace amid the country’s trade war with America. It’s another hurdle for … ( read original story…
Citing trade risks, China’s EXIM bank chief urges faster yuan globalization
BEIJING (Reuters) – The chairwoman of China’s Export-Import Bank on Saturday called for an acceleration of reforms to internationalize the Chinese currency, warning that external risks linked to … ( read original story …)
