China’s central bank issued a set of draft regulations to tighten up supervision of local financial institutions, but some proposed rules have raised concerns among industry insiders. The draft …
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Profit Taking Expected For China Stock Market
Closer to home, China will see April results for its services and composite … provider of content for a wide array of subjects across several platforms. RTT’s Financial Newswire is relied upon by …
Did China Just Signal It’s Going To War?
China held an emergency meeting to examine how it could protect itself from potential future sanctions, the Financial Times reported on Monday. “I’m surprised that it took them so long to figure out …
China will also have to fall in line with SL’s debt restructuring process: CB Governor
However, when he called on Finance Minister Ali Sabry at the Finance Ministry this Monday, he reassured China’s unstinted support in resolving the economic crisis while stressing that they support the …
Five Things to Know About China’s Draft Rules on Local Financial Institutions
China’s central bank has issued a set of draft regulations to tighten up supervision of local financial institutions, but some proposed rules have raised concerns among industry insiders. The draft …
China’s central bank steps up support for clean, efficient coal use
BEIJING, May 4 (Xinhua) — China’s central bank on Wednesday announced that it has increased the targeted re-lending quota for the coal industry by another 100 billion yuan (about 15.11 billion U.S.
Beijing steps up COVID curbs as virus spreads in China
BEIJING/SHANGHAI (Reuters … International trade is also facing disruption. A Royal Bank of Canada study found a fifth of the global container ship fleet was stuck in ports.
China’s PBOC Pledges Policy Support to Counter Pandemic Woes
to provide a fair monetary and financial environment,” the People’s Bank of China said in a statement on Wednesday. It did not detail what measures it could take. Financing institutions should aim …
Some in Shanghai get out for a rare stroll; Beijing tightens Covid-19 curbs
Beijing, hoping to avoid Shanghai’s anguish, is banking on mass testing to find and isolate infections, as well as targeted closures of businesses and residential buildings. The capital of 22 million …
Nomura doubles down on China, ESG
Nomura has named three new managing directors across its China business as part of its strategy to bolster its presence in the market. Sheng Wu has joined the Japanese bank as MD and vice chairman…
China’s tech giants are having FOMO on NFTs
In mid-April, a group of industry associations in China issued a warning against the potential financial … NFTs must not be traded with cryptocurrencies, said the country’s banking, internet finance …
REFILE-WRAPUP 1-Beijing curbs public transport as COVID spreads in China
* Beijing shuts more than 40 metro stations, 158 bus routes * Zhengzhou to enforce strict COVID curbs in coming week * Shanghai finds it difficult to exit month-long lockdown BEIJING/SHANGHAI, May …
Beijing closes 40 subway stations and 158 bus routes in an effort to stop the spread of coronavirus. 51 new cases today
Stocks moved between … Australian retail spending and home loans have been released. Weather and fuel price effects were expected to weigh on Retail Sales in March while housing finance approvals …