BNP Paribas made its first round of layoffs in China investment banking since an expansion two years ago, cutting about 10 jobs amid a sluggish market for deals, sources familiar with the matter said.
Tagged By finance
Focus on sound monetary and financial environment
China will intensify the countercyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and high-quality development, according to …
AstraZeneca says detained China head has lawyer, but company still in dark
London-listed drugmaker AstraZeneca said its plan to invest 450 million pounds ($576.7 million) in Britain for vaccine research and development, announced in March, is on hold while talks with the UK …
What could Trump’s return, and his tariffs, actually mean for China?
this may turn out to be better for China,” Chen Zhiwu, the top finance professor at the University of Hong Kong and a former professor at Yale University, told CBS News. Chen said if Trump…
Driver rams his car into crowd in China, killing 35. Police say he was upset about his divorce
ZHUHAI, China — A man who authorities said was upset over his divorce settlement rammed his car into a crowd of people exercising at a sports complex in southern China, killing 35 and severely …
G77+ China demand 1.3 trillion dollars in climate finance from developed nations at COP29
BAKU: At COP29, the G77 bloc of developing nations, alongside China, took a firm stance on the New Collective Quantified Goal (NCQG) for climate finance, calling for an ambitious financial commitment …
UBS cuts China stock forecast amid Trump tariff threat, weak stimulus
Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.
China’s 12 Trillion Yuan Debt Swap To Ease Local Debt, Pressure Bank Margins
“Besides, banks’ earnings will benefit from lower provision expenses after the swap.” Chinese banks face margin pressures as the People’s Bank of China maintains an easing stance to support the …
Trump Is Set to Elevate China Hawks, Deepening Beijing Rift
President-elect Donald Trump is poised to pick two men with track records of harshly criticizing China for key posts in his new administration, a sign relations between the superpowers may deteriorate …
China stimulus trade to pick up in stocks by late-Nov, JPM says
and financial proxies, JPM said, and was likely to pick up by late-November, especially as investors positioned for the Central Economic Work Conference in December. China’s Politburo is also set to …
China stimulus trade to pick up in stocks by late-Nov, JPM says
and financial proxies, JPM said, and was likely to pick up by late-November, especially as investors positioned for the Central Economic Work Conference in December. China’s Politburo is also set to …
China to intensify counter-cyclical adjustment of monetary policy: central bank governor
[Photo/China News Service] BEIJING – China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and …
Australia moves to keep its banks in the Pacific
Australia will move to stem the exodus of its banks from the Pacific Islands, the country’s top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.
