This week’s Forbes Asia Investment Briefing comes from Deutsche Bank’s Asian equity strategist, Will Stephens. His immediate focus is on the trade war and emerging markets contagion, especially as Ind… ( read original story …)
Tagged By finance
Renewed hopes for U.S.-China trade talk weigh on dollar, lift yuan
China’s yuan rose 0.6 percent to 6.8345 per dollar in offshore … Minister Theresa May’s party publicly pledged support for her to stay in power. [GBP/] The Bank of England is expected to keep intere……
China Finance Online Reports Second Quarter and First Six Months of 2018 Unaudited Financial Results
BEIJING, Sept. 13, 2018 /PRNewswire/ — China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services … ( read original story …)
Beijing invites US bankers to discuss ties
Chinese officials hope the group could meet every six months and advise Beijing on financial and economic reforms, according to the report. The new group would be headed by former People’s Bank of Chi… (…
China’s largest ride-hailing company is now recording in-car audio during passenger trips
Didi Chuxing, China’s largest ride-hailing company, is now recording in-car audio during passenger trips in an effort it says will improve customer safety. Users must agree to have their ride recorded … ( read original…
Lone Congolese Bank to Sign the China-Africa Inter Bank Association Establishment Agreement
signed an agreement for the establishment of the China-Africa Inter Bank Association in Beijing (CAIBA) RAWBANK (www.Rawbank.cd), the only Congolese bank to have been selected as founding member of th… ( read original story …)
House of the year, China: China Minsheng Bank
At the end of last year, China’s regulatory authorities unveiled plans to overhaul the regulation of the asset management industry, which included scrapping the implicit guarantees embedded in wealth … ( read original story …)
Bank of East Asia expands retail banking in China through internet partnerships
Teaming up with mainland Chinese internet partners including a Tencent-backed banking unit and online travel platform Ctrip has been a major boost to Bank of East Asia’s retail banking operations in t… ( read original…
Why Asia turned to China during the global financial crisis
For many young people in Asia, going to the West to study and work is the stuff dreams are made of. But that dream turned into a nightmare for Declan Ee when he became an…
China’s new loans fall as cooling makes banks and borrowers wary
Chinese banks extended ¥1.28-trillion ($186.40bn) in net new yuan loans in August, according to data released by the People’s Bank of China (PBOC) on Wednesday. Analysts had predicted an August tally … ( read original…
Bank of England Governor Warns of Mounting Financial Risks in Asia
Bank of England (BoE) chief Mark Carney has suggested British and international financial institutions prepare to address possible risks stemming from mainland China’s shadow banking, namely its so-ca… ( read original story …)
China’s Sovereign-Wealth Fund Interested in Buying HNA’s Deutsche Bank Stake
China’s sovereign-wealth fund and other large investors have expressed interest in potentially buying shares in Deutsche Bank AG from embattled Chinese conglomerate HNA Group Co., according to people … ( read original story …)
China’s Central Bank-Backed Blockchain Trade Finance Platform Pilot Kicks Off in Shenzhen
A new trade and finance blockchain platform backed by the People’s Bank of China (PBoC) has started official pilot operations in Shenzhen. The “Guangdong, Hong Kong and Macao Dawan District … ( read original story…
