Hong Kong and Macau Affairs Office’s Zhou Ji voices confidence in city at launch of Beijing-Hong Kong Economic Cooperation Symposium Beijing has “high hopes” for Hong Kong’s efforts to showcase a …
Tagged By finance
China: Beijing subway allows ‘tap-and-go’ rides with foreign bank cards
Beijing subway allows ‘tap-and-go’ rides with foreign bank cards (Voice_over) Beijing has become the first city on the Chinese mainland to allow international visitors to use their Mastercard and Visa …
China unexpectedly leaves lending rates steady; markets expect cuts soon
SHANGHAI: China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an …
China unexpectedly leaves lending rates steady; markets expect cuts soon
SHANGHAI: China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an …
China keeps lending rates steady, surprising analysts
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a …
People’s Bank of China unexpectedly holds LPR rates steady in September
The People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.35% and 3.85%, respectively, on Friday, as expected, to help the economy recover. Both rates remain at record …
China’s Banks Maintain Key Lending Rates as PBOC Stays on Pause
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People’s Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
China local finance chief’s killing sparks shock and speculation
HONG KONG — The killing of a key financial official in the central Chinese province of Hunan has triggered a flurry of speculation in the country’s media and online platforms.
Morning Bid: Central bank baton passes to Japan, China
A look at the day ahead in Asian markets. A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on Thursday rounds off on Friday…
China court orders developer SRE to sell majority stake in Shanghai venture to repay loans
The action comes after units of SRE failed to pay 4.45 billion yuan (US$627 million) in debts, the company said in a Hong Kong filing.
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its business in China.
Tech moguls predict further advances in AI
Mark Zuckerberg, CEO of Facebook Inc, told an audience at the China Development Forum in Beijing on Saturday that he predicted more great advances for AI within the next decade. Different forms of …
