China's central bank unexpectedly kept the interest rate on its medium-term funding for financial institutions steady on Friday, even as authorities have stepped up the pace of monetary easing ... ( read original story ...)
Succcess In Japan Helps Mint New China Billionaire Couple
Linkage’s IPO follows a big gain on Friday by China’s Kingsoft Cloud, a cloud services business chaired by Chinese billionaire Lei Jun, after it began Nasdaq trading (see related story here ). Last ... ( read original story ...)
Disney Superfan Returns to Shanghai Disneyland on Reopening Day
Shanghai Disneyland reopened on May 11 after closing for more than 100 days due to COVID-19. It was an emotional reunion for Qi Xiaoyu, a 27-year-old nurse and Disney superfan. ( read original story ...)
Unexpected China c.bank liquidity drain sparks further bond selloff
China's central bank surprised investors on Thursday by not issuing new medium-term loans, draining liquidity from the banking system and prompting investors to extend a sell-off in Chinese government ... ( read original story ...)
China’s central bank will conduct MLF operations Thursday: sources
China's central bank will conduct medium-term lending facility (MLF) operations on Thursday, two traders with direct knowledge of the matter said. ( read original story ...)
After China, BRICS bank loans $1 billion to India to fight Covid-19 pandemic
It’s the second such “emergency assistance loan” that the NDB has provided to one of its member countries (Brazil, Russia, India, China, South Africa) after it handed out a similar amount to China in ... ( read original story ...)
BRICS’ New Development Bank provides USD 1 billion loan to India to fight COVID-19
The NDB has fully disbursed USD one billion emergency assistance loan to India Beijing: The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to ... ( read original story ...)