BEIJING (Reuters) – The official publication of China’s central bank said on Thursday that Guo Shuqing has been appointed head of the new regulator for the banking and insurance sectors, as the world’s No. 2…
Tagged By finance
BRIEF-China Minsheng Financial Holding Corp Posts FY Profit Attributable Of HK$192.0 Million
* FY PROFIT ATTRIBUTABLE HK$192.0 MILLION VERSUS HK$36.9 MILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
BRIEF-China Huirong Financial Posts FY Profit Attributable Of RMB50.9 Mln
* TO PROPOSE DIVIDEND OF HK$0.0132 PER SHARE Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
Boeing, financial shares lead losses as Trump targets China
The Trump trade’s turning into the tariff tumble. U.S. equity markets sank the most since Feb. 8 and investors sought out havens in Treasuries and gold futures after the U.S. unveiled $50 billion of tariffs…
Presence of cloud computing growing in financial institutions
BEIJING – The use of cloud computing technology in China’s financial institutions is growing, according to a recent report. Nearly 90 percent of Chinese financial institutions have used or plan to use cloud computing technology,…
Asian shares slump on fears of trade war between US, China
Stocks plunged Thursday on Wall Street after U.S. President Donald Trump imposed sanctions on goods and investment from China. The Dow Jones industrial average dropped more than 700 points as investors feared that trade tensions…
Donald Trump announces $50 billion tariffs on China
US President Donald Trump today announced USD 50 billion of tariffs on China to punish the country for its “unfair” trade practices, a move that could escalate the already tense trade relations between the world’s…
China Life Insurance Company Limited Announces 2017 Annual Results (H Shares)
and the percentage of investment in debt-type financial products increased to 11.65% from 5.38% as at the end of 2016. In the near future, the main characteristic of China’s economic development will turn from fast…
China urges U.S. to ‘pull back from brink’ as Trump unveils tariffs
China was not exempted even though it was a far smaller supplier than Canada or South Korea. Also omitted from the exemption list was U.S. ally Japan, though a government spokesman said Tokyo would press…
Baidu Receives First Batch of Licenses to Conduct Road Tests for Autonomous Cars in Beijing
BEIJING, March 22, 2018 (GLOBE NEWSWIRE) — Baidu, Inc. (NASDAQ:BIDU) today announced that the company has received Beijing’s first batch of licenses to conduct open road tests for its autonomous driving vehicles in designated areas…
China’s premier urges US to ‘act rationally’ over trade
BEIJING — Chinese Premier Li Keqiang appealed to Washington … duties by appointing himself to lead ruling party bodies that oversee economic reform and finance policy. ( read original story …)
China’s oil futures: frazzle or dazzle for foreign traders?
It’s all very different.” So far, China has opened more than 6,000 trading accounts, including the country’s oil majors and about 150 brokerages. Ten foreign intermediaries have registered, including J.P.Morgan, Bands Financial, Straits Financial Services…
China paper says Beijing should prepare for military action over Taiwan
A widely read Chinese state-run newspaper said on Thursday China should prepare for military action over self-ruled Taiwan, and pressure Washington over cooperation on North Korea, after the United States passed a law to boost…