Tag: banking

SHANGHAI/BEIJING, Aug 31 (Reuters) - China's central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for speculative financing. Institutions ... ( read original story ...)

SHANGHAI/BEIJING, Aug 31 (Reuters) - China's central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for speculative financing. Institutions ... ( read original story ...)

It's China's tallest building and was supposed to be a symbol of Shanghai's modernity and the city's glittering future as a global financial centre. Yet more than four years after The Shanghai Tower "topped out" at 632 metres and 2½ years after architects ... ( read original story ...)

SHANGHAI (Reuters) - Launches of new digital currencies, known as initial coin offerings (ICOs), have shaken up social and economic order, created hidden financial risks, and in some cases may amount to fraud, China's National Internet Finance Association ... ( read original story ...)

The company is profitable, growing quickly, but still burning cash. I'll provide a final opinion on the IPO when we know more details. Quick Take Shanghai-based Secoo Holding Limited (SECO), a platform for luxury products, intends to raise $100 million ... ( read original story ...)

The City is in talks with Shanghai's municipal government about a collaboration at a time when Brexit uncertainties is prompting the UK's main financial district to look beyond Europe for future business partners, according to Sherry Madera, the City of ... ( read original story ...)

HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)