Shanghai plans to set up financial court

SHANGHAI, March 29 (Xinhua) -- China is planning to launch a court in Shanghai to deal with cases related to financial disputes as part of its efforts to improve the judicial system and ensure financial stability. The central committee for deepening ... ( read original story ...)

China’s central bank says it will skip OMOs on Tuesday

SHANGHAI (Reuters) - China’s central bank said it will skip open market operations on Tuesday as liquidity levels in the banking system were “relatively high”. On a net basis, the People’s Bank of China (PBOC) will drain 30 billion yuan ($4.76 ... ( read original story ...)

Canara Bank to shut three overseas branches

Canara Bank will close its three foreign branches - Leicester (UK), Bahrain, and Shanghai - and sell its 50 per cent stake to State Bank of India (SBI) in Russia as part of rationalisation of overseas branch network. Rakesh Sharma, bank’s managing ... ( read original story ...)

British bank expects PH trade deficit to further rise

Hongkong and Shanghai Banking Corp. said it expects the trade deficit of the Philippines to widen further to $3.719 billion in February from $3.317 billion in January amid surging imports that continue to outpace exports. The British bank said in a report ... ( read original story ...)

Shanghai Stock Exchange Launches Entity Investor Education Base

The entity investor education base of the Shanghai Stock Exchange (SSE) was officially put into operation ... principle and increase investor’s sense of gain in the capital market in 2018. Funny interaction: new technology brings new experience to ... ( read original story ...)