ASCHHEIM, Germany, Feb. 20, 2019 /CNW/ — Wirecard, the global innovation leader for digital financial technology, and Tirol Werbung, the tourism organization of the Austrian state of Tyrol, are launc… ( read original story …)
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Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858): Time For A Financial Health Check
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858), which has zero-debt … ( read original story…
Why banks are wary of Beijing plea to back private companies
Pity the Chinese state-owned bank trying to obey ever-changing instructions from policymakers in Beijing. For years, banks preferred to lend to giant state-owned enterprises — both because of the impl… ( read original story …)
China to conduct first central bank bills swap to support perpetual bonds
BEIJING, Feb. 19 (Xinhua) — China will soon conduct the first central bank bills swap (CBS) operation to support the issuance of perpetual bonds by commercial banks, a central bank official said Tues… ( read…
Enhancing Africa-China Investments
The Central Bank of Nigeria (CBN) announced the signing of a $2.5 billion currency swap agreement with China in April 2018. The CBN Governor, Mr. Godwin Emefiele, had then explained that the deal was ……
China, Iran delegations meet amid efforts to preserve 2015 nuclear deal
Germany, Britain, France, China, Russia and the European Union have been trying … Germany and Britain to allow businesses to skirt direct financial transactions with Iran, and thereby evade possible … ( read original story…
Alibaba boosts stake in investment bank CICC for $231 million
SINGAPORE (Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to … ( read original story …)
HSBC profit disappoints as China, Britain weakness poses challenge
An economic slowdown in China, exacerbated by its trade war with the United States, poses a challenge to HSBC’s strategy of pouring more resources into Asia where it already makes over three quarters … (…
HSBC profits hit by China slowdown
HSBC has reported a lower-than-expected 15.9% rise in pre-tax profits for 2018, partly because of an economic slowdown in China and Hong Kong. Europe’s largest bank made $19.9bn (£15.4bn) before tax l… ( read original…
Bank of China : China pledges more support for banks’ perpetual bonds to boost lending
BEIJING (Reuters) – China will provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a … ( read…
China’s central bank sells net 1.2 bln yuan in FX in Jan
BEIJING, Feb 19 (Reuters) – China’s central bank sold a net 1.2 billion yuan worth of foreign exchange in January, according to Reuters calculations based on central bank data released on Tuesday. The … (…
China pledges more support for banks’ perpetual bonds to boost lending
Perpetual bonds could potentially convert the debt into equity as more banks actively prepare to sell such bonds, Pan Gongsheng, vice governor of the People’s Bank of China (PBOC), told … ( read original story…
China pledges more support for banks’ perpetual bond issuance
BEIJING (Reuters) – China will provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help enhance lenders’ support for th… ( read original story…
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