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Tag: banking

Posted on 03/07/2020

China central bank makes biggest weekly cash drain via OMO since February

China's central bank skipped open market operations on Friday, making the biggest weekly net fund drain in 4-1/2 months. ( read original story ...)

Posted on 03/07/2020

Standard Bank Executive Sees CIIE as Key to China-Africa Trade

The China International Import Expo (CIIE) has helped to diversify China's sources of imports and facilitate greater trade flows between China and Africa, says François Gamet, head of Asia for the ... ( read original story ...)

Posted on 02/07/2020

Stock market live Wednesday: Nasdaq-100 hits new record, S&P 500 rises, Pfizer vaccine shows promise

Nasdaq closed up 0.95% at a new record close of 10,154.63, its 22nd of the year and its third straight positive day; Nasdaq-100 hit a new intraday all-time high for the first time ... ( read original story ...)

Posted on 01/07/2020

Asian Stocks See Muted Start to Third Quarter: Markets Wrap

Asian stocks started the new quarter in a muted fashion, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions.Shares edged lower ... ( read original story ...)

Posted on 01/07/2020

Huazhu Group Limited Reports First Quarter of 2020 Financial Results

A total of 5,953 hotels or 575,488 hotel rooms in operation and 2,375 unopened hotels in pipeline as of March 31, 2020. Excluding Deutsche ... ( read original story ...)

Posted on 29/06/2020

China Market Update: Second Wave Stalls Markets

Index heavyweights were off with AIA -2.29%/-58 index points, HSBC -1.77%/-39 index points, and China Mobile -3%/-28 index points. ( read original story ...)

Posted on 28/06/2020

China’s central bank says economy faces risks from global pandemic, efforts against domestic resurgence

China's central bank said on Sunday that the country's economic growth faces challenges from the global coronavirus pandemic, despite signs of improvement amid business re-openings. ( read original story ...)

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