UBS will become the first foreign bank in China to increase its stake in a local securities joint venture to 51 per cent, in a sign that the country is making good on promises to…
Tagged By finance
US, China put brakes on their trade dispute with ceasefire
BUENOS AIRES, Argentina — The United States and China reached a 90-day ceasefire in a trade dispute that has rattled financial markets and threatened world economic growth. The breakthrough came after … ( read original…
U.S., China agree trade war ceasefire after Trump, Xi summit
With the United States and China clashing over commerce, financial markets will take their lead from the results of the talks, widely seen as the most important meeting of U.S. and Chinese leaders in ……
China Trade Hawk Navarro to Attend Trump Dinner Meeting With Xi
(Bloomberg) — President Donald Trump and Chinese President Xi Jinping will be joined at their meeting Saturday by top U.S. trade officials including a White House adviser, Peter Navarro, who’s famed … ( read original…
UBS becomes first foreign bank approved for majority stake in China JV
HONG KONG/SINGAPORE (Reuters) – China’s securities regulator on Friday gave approval for UBS Group (UBSG.S) to hold the majority stake in its securities joint venture, making it the first foreign bank … ( read original…
Trump, China’s Xi poised for high-stakes summit over trade war
which have imposed tariffs on hundreds of billions of dollars on each other’s imports after Trump began an effort to correct what he views as China’s unfair commercial practices. With the trade war we… (…
Financial holding firms’ job is to boost the real economy
Editor’s note: At a recent forum on financial holding firms organized by China Everbright Group and Guanghua School of Management, Peking University, to mark the 40th anniversary of reform and opening … ( read original…
Argentina takes issue with the US on China comments at G20
BUENOS AIRES, Argentina — Argentine officials are distancing themselves from the U.S. version of how they view China trade after a meeting during the Group of 20 summit. White House Press Secretary Sa… ( read…
China Finance Online Reports Third Quarter and First Nine Months of 2018 Unaudited Financial Results
BEIJING, Nov. 28, 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 …)
China Approves UBS to Control Its Securities Joint Venture
China has repeatedly pledged to open its financial markets, including allowing foreign firms to own as much as 51 percent of their securities ventures, up from the current 49 percent ceiling. The appr… ( read…
US ‘could be entering Cold War with China’ over trade, Yale economist warns
with financial markets closely monitoring the prospect of a potential breakthrough. The United States and China could be in the early stages of a Cold War, veteran economist Stephen Roach told … ( read original…
G20 opens Argentina summit under shadow of China-U.S. tensions
Hanging over the summit in Buenos Aires is the trade dispute between the United States and China, the world’s two largest economies, which have imposed tariffs on hundreds of billions of dollars on ea… (…
China’s coal project in Serbia adds to climate change worry
Things are to get only worse for residents living close to the Kostolac power plant complex in eastern Serbia which is currently being expanded with a $715 million loan from a Chinese state bank and…