SYDNEY/BEIJING, Sept 18 (Reuters) - Australia and New Zealand Banking Corporation said on Monday Baoshan Iron & Steel Co would buy part of its stake in Shanghai Rural Commercial Bank Co, rather than Shanghai Sino-Poland Enterprise Management Development ... ( read original story ...)
ANZ swaps buyer in $1.4 billion Shanghai bank sale; Baosteel in
SYDNEY/BEIJING (Reuters) - Australia and New Zealand Banking Corporation (ANZ.AX) said on Monday Baoshan Iron & Steel Co (600019.SS) would buy part of its stake in Shanghai Rural Commercial Bank Co [SHRCB.UL], rather than Shanghai Sino-Poland Enterprise ... ( read original story ...)
China’s central bank reportedly tells banks to stop doing business with North Korea
BEIJING/HONG KONG (Reuters) - China's central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid US concerns that Beijing has not been tough enough over Pyongyang's repeated nuclear tests. ( read original story ...)
Confidence at Shanghai Commercial Bank
Shanghai Commercial Bank posted a 101-percent, year-on-year growth in net profit to HK$2.06 billion for the first six months. Corporate borrowing and commission fees accounted for much of it, and the situation is expected to remain largely unchanged in the ... ( read original story ...)
Australia and New Zealand Banking : Update on Shanghai Rural Commercial Bank
ANZ today announced that under a revised arrangement Baoshan Iron & Steel Co., Ltd. (Bao) will join China COSCO Shipping Corporation Limited (COSCO) to acquire ANZ's 20% stake in Shanghai Rural Commercial Bank (SRCB). Under a new sale agreement, Bao will ... ( read original story ...)
Stocks – Nikkei Gains In Asia In Mixed Session As Shanghai Dips
Investing.com - Asian shares were mixed on Monday with weekend political news of note for the fortunes of center-leaning parties on the wane in New Zealand and Germany - both of which use mixed-member proportional voting systems. The AfD stunned the German ... ( read original story ...)
China, HK stocks fall on property curbs, slowdown fears
Although China’s supply-side reform and tighter environmental protection measures have so far been well received by the market ... prices and related stock prices may fall in response.” Indeed, both China stocks and Shanghai commodity futures ... ( read original story ...)