Category: FINANCE

Hong Kong (HKSAR) - The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on ... ( read original story ...)

Australia and New Zealand (ANZ) Banking Group has revised the $1.3bn sale agreement related to the Shanghai Rural Commercial Bank (SRCB). As part of a new sale agreement, Baoshan Iron & Steel (Bao) will purchase 10% stake in SRCB in place of Shanghai ... ( read original story ...)

Last week, Australia’s central bank predicted weaker iron prices ... according to Ian Roper, head of Shanghai Metals Market’s international division. It makes for a “risky picture” for prices given ore supply is always seasonally stronger in ... ( read original story ...)

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 ...)

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 ...)

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 ...)

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 ...)