Canada is likely to announce on Friday that an extradition hearing against Meng Wanzhou, the telecommunication giant’s chief financial officer, can proceed, legal experts said, worsening already icy r… ( read original story …)
Tagged By finance
China is blocking World Bank report that calls for state-owned enterprise reform
BEIJING — China has delayed the publication of a report on its economy, written in conjunction with the World Bank, as it tries to tone down recommendations about reforming its state-owned enterprises … ( read…
China Defaults Put Focus on Key Gauge of Industrial Strains
The People’s Bank of China has said that a certain amount of defaults can help improve pricing in the country’s bond market, the world’s third-largest. Read more: Why China’s Bonds Are Defaulting at a ……
The close: TSX falls as disappointing results weigh on bank stocks
Canadian Imperial Bank of Commerce fell 2.7 per cent after the country … data showing better-than-expected U.S. economic growth in the fourth quarter helped offset worries over China. Gross domestic … ( read original story…
China central bank lends 26.55 bln yuan via standing lending facility in Feb
BEIJING , March 1 (Reuters) – China’s central bank extended 26.55 bln yuan ($3.96 bln) of loans to local financial institutions in February via its standing lending facility (SLF), it said on Friday. … (…
China outstanding MLF at 4.16 trln yuan at end-Feb
BEIJING, March 1 (Reuters) – China’s outstanding medium-term lending facility (MLF) was at 4,158 billion yuan ($620.4 billion) at end-February, compared with 4,541.5 billion yuan at end-January, the c… ( read original story …)
China determined to prevent, defuse financial risks: central bank
BEIJING, March 1 (Xinhua) — China is determined to forestall major financial risks amid stabilizing growth and advancing high-quality development, said a central bank official. Currently, China’s eco… ( read original story …)
China’s central bank to take steps for multi-level capital market
BEIJING: China’s central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify financing services in the banking sector, a senior official … ( read original story …)
China Bank profit climbs in 2018
CHINA BANKING Corp. booked higher net income in 2018 propelled by the sustained growth of its core businesses. In a regulatory filing Thursday, the Sy-led lender said it booked an P8.1-billion net pro… ( read…
China is facing employment challenges as its economy slows, official says
China’s economic slowdown is creating some difficulties for … As the country grapples with slowing growth, ensuring that people have jobs also has a financial imperative. “(Beijing’s) social policy … ( read original story …)
Qatar, China, Japan sought ‘extras’ after Barclays 2008 fundraising: court
Cross-examined by William Boyce, a lawyer for Boath, Leighton agreed that Japan’s Sumitomo and China Development Bank sought Memoranda of Understanding to deepen relationships with Barclays … ( read original story …)
Ex-China Development Bank Official Punished for Integrity Lapses
A former China Development Bank (CDB) senior executive has been expelled from China’s Communist Party after an investigation found him guilty of “disciplinary issues,” the party’s graft buster said Th… ( read original story …)
RBC Told Bankers Avoid China Travel Amid Huawei Saga
Royal Bank of Canada recently told employees to avoid travel to China, people with knowledge of the matter said, amid a diplomatic feud over the arrest of Huawei Technologies Co.’s chief financial off… ( read…
