NUSA DUA, Indonesia — The Latest on the IMF-World Bank annual meeting in Bali, Indonesia (all times local): 11:05 a.m. International Monetary Fund Managing Director Christine Lagarde says the U.S. and … ( read original…
Tagged By finance
Chinese finance ministry official says ‘optimistic’ on trade war breakthrough
NUSA DUA, Indonesia (Reuters) – A Chinese finance ministry official said on … on an additional $267 billion of Chinese imports if Beijing retaliates for the recent levies and other measures … ( read original…
China issues rules for online financial bodies to battle money laundering
BEIJING (Reuters) – China’s central bank on Wednesday issued anti-money laundering and counter-terrorism financing regulations for online financial institutions, as part of Beijing’s efforts to rein i… ( read original story …)
China Plans Major Expansion of Too-Big-to-Fail Rules
(Bloomberg) — China plans to increase the number of companies it deems systemically important financial institutions, people familiar with the matter said, a sign that policy makers are stepping up c… ( read original story…
China Lending Corporation Cooperates with Zhejiang Lixin
In return, Lixin hopes to access China’s western regional markets, where Lixin’s expertise in financial solutions should resonate favourably with a large body of potential customers. The … ( read original story …)
China says it’s not afraid of a trade war with the US — its actions show otherwise
The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) i……
Chill in the air as Pompeo meets Chinese counterparts in Beijing
BEIJING (Reuters) – U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister and State Councillor Wang Yi aired their grievances in the open on Monday during a brief visit to Beijing by Washin… (…
China says it’s not afraid of trade war with the US — its actions show Beijing is nervous
The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) i……
Asian shares fall as China set to reopen after Beijing eases policy
SHANGHAI (Reuters) – Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China’s markets prepare to reopen following a week-long holiday and after its central ban… ( read…
China’s central bank frees up nearly $175 billion to jump-start economy
BEIJING — China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slow……
China cuts bank reserve requirement to spur economy amid trade war
the country’s central bank. (Kyodo) BEIJING (Kyodo) — China’s central bank said Sunday it is cutting the amount of cash that large banks must hold as reserves, to ease credit and boost economic … (…
China slashes banks’ reserve requirements as trade war imperils growth
BEIJING (Reuters) – China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns…
China central bank cuts reserve requirement ratio by 1 basis point
BEIJING (Reuters) — China’s central bank on Sunday cut some banks’ reserve requirement ratio by 1 basis point to inject an additional 750 billion yuan ($109.2 billion) into the banking system. ( read original story…
