This week was a whirlwind of financial news, with billionaires clashing over political policies, renowned investors offering advice to world leaders, and economists warning against potential economic …
Tagged By financials
Why this global bank sees iron ore at $US130 next year
Fresh off a 5 per cent plunge in iron ore futures, new analysis from Deutsche Bank shows China’s stimulus package could rocket prices next year.
China posts slowest growth in over a year
China posted its slowest growth in a year and a half on Friday, underlining the deep economic woes the country faces as its central bank launched a new bid to boost markets and hinted at…
China has not cracked encryption, at least not yet — Mental Outlaw
Popular YouTuber Mental Outlaw explains why the recent quantum computing breakthrough by researchers in China does not currently threaten encryption standards.
China’s banks beef up financing services for sci-tech enterprises under nation’s call for high-quality development
China’s banks pledged to enhance financing services for domestic sci-tech enterprises, particularly innovative small and medium-sized enterprises (SMEs) under the nation’s call to support technology development.
Beijing urges HSBC Group to keep backing mainland China and Hong Kong’s development push
Xia Baolong, Beijing’s point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in nation’s capital Beijing’s point man on Hong Kong affairs has met HSBC Group …
Dronemaker DJI sues Pentagon over Chinese military listing, alleges significant financial harm
Dajian Innovations Technology Co. is suing the Department of Defense after the agency added the China-based company as a designated Chinese military firm.
As Global Debt Explodes, China’s Central Bank Is Fueling and Obscuring It
China’s central bank is giving out swap lines like M&Ms, Benn Steil and Elisabeth Harding write in a guest commentary.
China Market Update: President Xi, People’s Bank Of China, And China Securities Regulatory Commission Trigger Rally, Week In Review
Asian equities were higher overnight as Hong Kong and Mainland China outperformed while South Korea underperformed.
China Cenbank Chief Flags More Interest Rate Cuts
BEIJING (Reuters) – China’s central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on …
Chinese Stocks Rally on Fresh Central Bank Support
China’s stimulus came more into focus on Friday—and stock markets liked it. Mainland China’s CSI 300 Index and Hong Kong’s Hang Seng Index both gained 3.6% after People’s Bank of China Governor Pan …
China stocks move up on GDP growth surprise as US stocks flirt with record highs
Japan: all is calm. In Japan, the Nikkei 225 closed flat, ticking up just 0.18%.
China’s economic slowdown deepens
China’s economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost flagging growth. On an annual basis, gross domestic product (GDP) rose by 4.6 …