BEIJING (AP) — Britain and China have pledged to cooperate in clean energy research … Officials announced the agreements Saturday following an economic dialogue in Beijing led by Britain’s finance minister and a senior Chinese…
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China’s largest bank extends reach with fintech company JD Finance
An app that embeds a new digital bank can trigger the delivery of a certificate of deposit by courier, replacing the need to go to a bricks-and-mortar branch Industrial and Commercial Bank of China, the…
China raises market rates to fend off financial risks, growth cools
BEIJING/SHANGHAI (Reuters) – China’s central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperilling the economy, a balancing act that they have managed successfully so far this…
Britain’s finance minister in China to promote trade
BEIJING — Britain’s finance minister has told China’s top economic official there are “many opportunities” to expand commercial ties as he started a visit aimed at developing trade as the United Kingdom prepares to leave…
China’s Vivo will beat Apple to put a fingerprint scanner under its next smartphone display
Vivo isn’t particularly well-known in Western markets, but is popular in India as the fourth-biggest smartphone maker and holds a similar position in China. According to Moorhead, citing IDC statistics, Vivo actually ranks as a…
BRIEF-China Finance Online And China Investment Securities Sign Strategic Cooperation
* WILL PROVIDE CISC WITH CHINA FINANCE ONLINE’ S PROPRIETARY CLOUD-BASED SOFTWARE PRODUCTS Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
China will cut, remove export tariffs on some steel, fertiliser
BEIJING (Reuters) – China will cut export taxes on some steel products and fertilisers and ditch those for sales abroad of steel wire, rod and bars from Jan. 1, the Ministry of Finance said on…
China’s money rates up after PBOC, taking Fed’s cue, lifts market rates
SHANGHAI: China’s primary money rate edged higher this week after the central bank lifted short- and medium-term market rates on Thursday, just hours after the U.S. Federal Reserves tightened policy. The People’s Bank of China…
As world concentrated on North Korea, Beijing was busy building in South China Sea
Beijing is ramping up construction work in the South China Sea despite agreeing to establish a code of conduct for the disputed region, new research has showed. Research from the Asia Maritime Transparency Initiative, part…
Man Group Launches Quantitative Fund in China with Support from Domestic Financial Service Institutions
SHANGHAI, Dec. 15, 2017 /PRNewswire/ — Man Group, the global active investment management firm, announces the launch of its first onshore investment strategy for qualified investors in China. Best endeavors offered by domestic financial service…
Britain’s finance minister, central bank chief head to China seeking deals
LONDON (Reuters) – Britain hopes to seal a billion pounds ($1.34 billion) worth of trade and investment agreements with China during weekend visit by finance minister Philip Hammond, Bank of England chief Mark Carney and…
China reacts to Fed rate hike by nudging up key policy rate
BEIJING — China’s central bank responded to the U.S. Federal Reserve’s interest rate increase by nudging up a key policy rate Thursday on lending to commercial banks. It left the benchmark rate for borrowing by…
China’s central bank raises interest rates after Fed rise
The People’s Bank of China lifted its 7-day and 28-day reverse repurchase agreements by 5 basis points. This essentially represents a modest rise to borrowing costs and is the first rate hike since March. Beijing…
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