(Bloomberg) — The People’s Bank of China has set up a department to oversee and eliminate financial risks, as part of its restructuring of departments and personnel. The PBOC established the macro-pr… ( read original…
Tagged By financials
Norway’s $1 Trillion Man Talks Brexit, China and Big Tech
YS: Finance is a privileged area to work in because it’s a gravitational … BM: Some of these companies—Alibaba, Tencent—are operating in China. What is your view on the opportunity in the Chinese ma… (…
Tariffs May Live On as Trump’s Best Bet to Enforce a China Deal
Trump advisers say China has failed to meet commitments in the past, one reason they decided early in the president’s term to emphasize the stick over the carrot. U.S. tariffs on Chinese goods have up……
China May Cut Rates Soon, Says Economist Who Called 2014 Move
(Bloomberg) — The rapid deterioration in China’s economic data could spur the central bank to cut its benchmark interest rate as soon as Feb. 1, according to Barclays Plc economists. “Existing measur… ( read original…
Tariffs May Be Trump’s Best Bet to Enforce Any China Trade Deal
Trump advisers say China has failed to meet commitments in the past, one reason they decided early in the president’s term to emphasize the stick over the carrot. U.S. tariffs on Chinese goods have up……
BRIEF-China Communications Services Corp Says China Telecom Finance To Provide Financial Services To Group
Feb 1 (Reuters) – China Communications Services Corp Ltd : * CHINA TELECOM FINANCE HAS AGREED TO PROVIDE FINANCIAL SERVICES TO GROUP * DEAL TO ESTABLISH CHINA TELECOM FINANCE WITH A REGISTERED … ( read…
BRIEF-China Telecom Announces On Financial Services Framework Agreements
Feb 1 (Reuters) – China Telecom Corp Ltd: * CHINA TELECOM FINANCE, CHINA TELECOMMUNICATIONS CORP ENTERS CHINA TELECOMMUNICATIONS CORPORATION FINANCIAL SERVICES FRAMEWORK AGREEMENT * CHINA TELECOM … ( read original story …)
Stock rally pauses after disappointing China data
LONDON (Reuters) – Global shares edged down from their highest in two months on Friday as data showing shrinking factory activity in China ended a rally that took them to their best January on record.…
Investment banking: Foreign firms make their moves in China
Goldman Sachs Gao Hua only has the investment banking licence; others, including securities trading and private wealth management, are held within Beijing Gao Hua Securities. Although Goldman has alwa… ( read original story …)
Bleak China data yanks Australian dollar, yuan lower
LONDON (Reuters) – The offshore yuan was headed for its worst daily decline in over five months on Friday after weak economic data out of China damaged risk sentiment and weighed on the Australian dol……
Trump to meet China’s Xi to try to seal trade deal, progress reported
Story continues Earlier, Trump said on Twitter he was looking for China to open its markets “not only to Financial Services, which they are now doing, but also to our Manufacturing, Farmers and other ……
Oil Holds Below $54 as China Factory Data Reignites Growth Worry
The U.S. and China plan further discussions before a March 1 deadline … the U.S. moved to block state oil company Petroleos de Venezuela SA and its customers from using the U.S. financial system in…
U.S., China Hold First Day of Trade Talks With Wide Differences Remaining
The last round of U.S.-China talks led by Deputy USTR Jeffrey Gerrish in Beijing earlier this month, ended with no progress on IP practices and technology transfer issues, which are the U.S.’s main co… (…
