The State Bank of India's Shanghai branch is now connected to China's National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it, a senior bank official said on ... ( read original story ...)
China c.bank says confident of keeping yuan stable
SHANGHAI — China’s central bank is confident and capable of keeping the yuan basically stable at reasonable and balanced levels after it weakened past the key 7 per dollar level on Monday morning. ... ( read original story ...)
China’s central bank to sell yuan bills in Hong Kong
HONG KONG/SHANGHAI (Reuters) - The People’s Bank of China will sell 30 billion yuan ($4.26 billion) of offshore yuan-denominated bills in Hong Kong on August 14, it said on Tuesday. The PBOC is ... ( read original story ...)
Bank suspends North Point services
The Shanghai Commercial Bank announced the temporary closure of its North Point branch and Victoria Centre branch until further notice. Customers are being advised to use the internet/ mobile banking ... ( read original story ...)
WRAPUP 5-China says U.S. currency manipulator labelling could cause chaos in financial markets
BEIJING/SHANGHAI, Aug 6 (Reuters) - China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and ... ( read original story ...)
WRAPUP 4-China says U.S. currency manipulator labeling could cause chaos in financial markets
state media accuse U.S. of destroying international order BEIJING/SHANGHAI, Aug 6 (Reuters) - China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator ... ( read original story ...)
Cosy apartment close to the bund
The apartment located in great location : 10 minutes from the bund , 5 minutes to the metro station , 10 minute ... SmartShanghai Housing is Shanghai's most popular rental listings platform. We remove ... ( read original story ...)