The SBI is the only Indian bank to have obtained the license to do business in local currency and also inducted to the CNAPS by the PBOC as on date, K Swaminathan, Chief Executive Officer of SBI, ... ( read original story ...)
SBI, Shanghai becomes first Indian bank to link up with China National Advance Payment System
SBI is the only Indian bank to have obtained the license to do business in local currency Beijing: The State Bank of India's (SBI) Shanghai branch is now connected to China's National Advance Payment ... ( read original story ...)
Morgan Stanley buys 2% needed for control of China banking JV
The bank currently has a 49% stake in the joint ... according to a separate notice on the Shanghai United Assets and Equity Exchange website dated Aug. 1. The news comes amid mounting tensions ... ( read original story ...)
FIRST ISRAEL DIAMOND WEEK IN SHANGHAI ENDS ON A HIGH NOTE
The three-day event was jointly organized by the IDE and the Shanghai Diamond Exchange (SDE). The SDE, headed by President Qiang Lin, hosted a delegation led by IDE President Yoram Dvash, more than 15 ... ( read original story ...)
Hang Seng, Shanghai Composite post monthly losses in July, as ongoing trade battling between the US and China bites
The CSI 300 benchmark of large caps trading in Shanghai and Shenzhen closed down 0.9 per cent at 3,835.36. Financial stocks led Shanghai down, as Ping An Insurance fell 2.1 per to 88.09 yuan and China ... ( read original story ...)
U.S., China to keep talking on trade after little progress in Shanghai
The White House and China’s Commerce Ministry each described the meetings in Shanghai as constructive ... disrupting global supply chains and roiling financial markets. The International Monetary Fund ... ( read original story ...)
A dynamic Chinese metropolis that’s home to the historic Bund – an expert guide to Shanghai
China’s biggest and most glamorous metropolis is one of its cultural capitals and also the best place to shop, dine and drink. With a long history linked to the sea and a recent architectural makeover ... ( read original story ...)