Market Open) Following Friday’s mixed earnings performance from four of the largest U.S. banks, Tuesday kicked off with more mixed results from two closely followed names in investment banking. That, …
Tagged By finance
The Problem(s) With China’s Population Drop
In any case, it’s clear that China’s population is or soon will be at a peak; the best bet is probably that population has been falling for several years. But why consider this a problem?…
Nomura cuts 18 Asia banking jobs as dealmaking slows -sources
Investors stand in front of a screen showing the logo of Nomura Holdings in Tokyo, Japan, December 1, 2015. REUTERS/Toru Hanai …
China GDP: economy grew by 2.9 per cent in fourth quarter, 3 per cent in 2022 second-lowest since 1976
China’s economy grew by 2.9 per cent in the fourth quarter of 2022, compared with a year earlier, bringing the overall growth rate for last year to 3 per cent, data released on Tuesday showed.
China’s financial system remains stable: vice premier
China has managed to maintain overall financial stability and is drafting the Financial Stability Law, Chinese Vice Premier Liu He said here Tuesday. To tackle the risks in the real estate sector, …
China reopening to push up demand for retail loans: analyst
China Merchants Bank will reap full benefits of the reopening. China’s reopening of its borders is expected to increase retail loan demand and decrease loan delinquencies, reports UOB Kay Hian. China …
China developers’ debt risks persist after support policies’ slow start
China’s Country Garden had some rare good news for the cash-squeezed property sector with an offshore debt repayment on Tuesday, but a closer look reveals just how much developers may still struggle …
U.S.-China friction stokes concern among some top finance bosses
The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing of relations between the U.S. and China, speaking at the World Economic Forum in …
Shares slip as China data stokes economic slowdown fears
said Gaël Combes, head of fundamental research at Unigestion. “China is probably unlikely to provide the lift is has provided in the past, like during the global financial crisis.” Wall Street was set …
China’s growth falls to second-lowest level in decades last year, but is improving
The world’s No. 2 economy grew by 3% in 2022, less than half of the previous year’s 8.1% rate, official data showed Tuesday.
China’s reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says
Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing’s disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha.
China’s 2022 economic growth one of the worst on record, post-pandemic policy faces test
China’s economic growth in 2022 slumped to one of its worst in nearly half a century as the fourth quarter was hit hard by stringent COVID curbs and a property market slump, raising pressure on…
China’s Economy Fails To Meet Government Target, Expanding 3% In 2022
China’s economy grew just 3% last year, well below the government’s previous target of around 5.5% as headwinds including stringent Covid restrictions and a crackdown on the real estate sector took a …