Big banks made an impressive start to the Q2 earnings season with profit beats for the likes of JPMorgan, Citi and Wells Fargo – but red flags raised about credit and real estate and the…
Tagged By finance
Janet Yellen following Antony Blinken to Beijing to address ‘areas of concern’ in US-China relations
Treasury Secretary Janet Yellen will meet this week with officials in Beijing to open lines of communication on financial issues. Getty Images Yellen expects to address “areas of concern,” as …
China’s Wealth Management Products Size Shrinks in June But Will Recover in Second Half, Expert Says
The size of China’s wealth management products plunged in June from May. But the decline was a normal seasonal change, and the market has already started recovering this month, according to a chief …
Climate finance: China says 193 green bonds worth US$35 billion meet EU standards, enhancing lure for overseas investors
The stamp of approval expands the pool of investible green bonds for international investors and removes risk of greenwashing accusations, experts say.
Oil prices slide as weak economy data in China fuels demand concerns
Oil prices have dipped after sluggish growth figures from China renewed concerns about demand in the second half of the year.
Markets Struggle As Rally Fades, China Growth Misses Forecasts
Asian markets struggled Monday to build on last week’s rally, with new data showing China’s economy grew less than expected in the second quarter as its post-Covid recovery runs out of steam.
FTSE 100 Live: China GDP growth misses expectations
European stock markets are facing a downbeat session after China posted a weaker-than-expected second quarter GDP figure of 6.3%. Further evidence of China’s faltering recovery from Covid lockdowns …
China’s Capital Market Is Recovering But Deeper Reform, Opening Up Are Needed, Temasek China Chair Says
(Yicai Global) July 17 — The Chinese capital market is slowly recovering, but deeper reform and opening up are needed to attract more long-term capital, according to the chairman of Temasek China, …
Global debt dominates as G20 finance chiefs meet
G20 finance ministers and central bank chiefs opened talks on Monday discussing debt restructuring deals, multilateral bank reform and finance to tackle climate change, aiming to bolster a sagging …
Oil slips after Libya resumes output, China data eyed
Prices softened after both benchmarks last week notched a third straight week of gains and touched their highest levels since April.
China PBOC Adds Liquidity at Unchanged Policy Rates
The Chinese central bank injected liquidity into the financial system via its monetary instruments at unchanged interest rates, signaling a hold on benchmark lending rates this month after June’s cuts …
China rolls over medium-term policy loans, interest rate unchanged
SHANGHAI/SINGAPORE (Reuters) – China’s central bank rolled over maturing medium-term policy loans and kept the interest rate unchanged as expected on Monday, however markets expect authorities will …
China Cbank Rolls Over Medium-Term Policy Loans, Rate Unchanged
The People’s Bank of China (PBOC) said it was keeping the rate on 103 billion yuan ($14.43 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged …
