BEIJING (Reuters) – China’s capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real roads, making it the first international car maker to be granted su……
Tagged By finance
Deutsche Bank shares spike on report of interest from JPM and ICBC
and Industrial and Commercial Bank of China (ICBC) (601398.SS) may be interested in taking a stake. Business weekly WirtschaftsWoche, citing regional government sources, also said Chancellor Angela Me… ( read original story …)
China central bank governor says China to deepen financial reform
HONG KONG (Reuters) – China central bank governor Yi Gang said on Friday the country will continue deepening financial reform and opening-up as its economy has entered a stage of “new normal”. China h… (…
Beijing hits back as Trump imposes tariffs on $34bn of imports
Beijing began levying retaliatory tariffs after Donald Trump … to farm equipment prices rising, the stories of financial loss are now rolling in from farms across America.” Many US companies expect … ( read original…
China’s money rates fall on ample liquidity, bank reserve cut helps supply
SHANGHAI, July 6 (Reuters) – China’s primary money rates fell over the course of the week on high liquidity, as quarter-end cash demand faded and as a reduction in banks’ reserve requirement ratio (RR… (…
China’s central bank drains 110 bln yuan from market
China’s central bank suspended open market operations on Friday as liquidity remained ample following the reserve requirement ratio (RRR) cut for some commercial banks. On Friday, 110 billion yuan (16 … ( read original story…
Debt curbs likely hit China’s second-quarter GDP growth as trade war looms
The People’s Bank of China, which has cut banks’ reserve requirements three times this year, has recently replaced its use of the term “deleveraging” with “structural deleveraging”, a change that sugg… ( read original story…
Coworking Unicorn Ucommune Appoints James Yan as Chief Financial Officer
BEIJING, July 4, 2018 /PRNewswire/ — Ucommune is pleased to announce the appointment of James Yan (Lingyang) as chief financial officer. The inclusion of James Yan into the ranks of senior management … ( read…
China stocks slip, yuan struggles as Washington, Beijing prepare trade salvos
The declines in stocks come the same day the central bank’s targeted cut of reserve requirements for banks took effect, which was expected to release additional liquidity into the financial system. Th… ( read original…
BEIJING | China’s HNA Group says co-chairman has died in France
BEIJING — The co-chairman of HNA Group, a conglomerate that operates China’s fourth-largest airline and finance, logistics and other businesses around the world, has died in an accident while on a bus… ( read original…
HDFC Bank most valuable bank in the emerging market outside China
HDFC Bank has gone past Russia’s Sberbank to become the most valuable bank in the emerging market outside China. HDFC Bank’s current market capitalisation is $78.4 billion against Sberbank’s $74.4 bil… ( read original story…
How China is gearing up for a trade war with the US
officials at the Ministry of Public Security alerted the country’s police bureaus of the looming trade war between China and the U.S. and its risk to social stability, Yahoo Finance learned. (These pu… ( read…
SupaPop Studios and Beijing Immortal Master Join Forces to Co-develop SciFi Anime-fairytale ‘My StarLing’
LOS ANGELES, July 5, 2018 /PRNewswire/ — Beijing Immortal Master Animation Co. Ltd. (HQ: Beijing, CN; President: Luyang Li) and SupaPop Studios, (HQ: Los Angeles, CA; Co-CCO and President: Sean Danco… ( read original story…
