Tag: banking

SHANGHAI: China's yuan strengthened to a 10-month high against the dollar on Tuesday, breaching a key psychological level, after the central bank set a firmer guidance rate and data showed a larger-than-expected increase in the country's foreign exchange ... ( read original story ...)

The Shanghai Composite Index lost 0.2 percent to 3,273.71 and ... FED WATCH: Investors looked ahead to an appearance Thursday by Bill Dudley, president of the U.S. Federal Reserve Bank of New York, for signs of the Fed's outlook on the economy. ( read original story ...)

China’s central bank has set up a clearing house for online payment services ... such as an investment unit of the State Administration of Foreign Exchange, Shanghai Gold Exchange, China Banknote Printing and Minting Corp. and Payment & Clearing ... ( read original story ...)

"The rise in PPI suggests that corporate profitability should continue improving in the coming months, especially for upstream industries," said David Qu, a Shanghai-based market economist at Australia & New Zealand Banking Group Ltd. "With the authorities ... ( read original story ...)

in what will be the first listed bike-sharing company in China after it floats on the Shanghai Stock Exchange. According to its prospectus, Youon is offering 24 million shares at an offer price of 26.85 yuan ($4) per share. The IPO aims to raise 644.4 ... ( read original story ...)

SHANGHAI, Aug 8 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other news that might affect Chinese financial markets. Policy, government, sector news: ( read original story ...)

Global powers and financial markets have long been accustomed to over-the ... In Asia the Hang Seng Index was down 0.34 per cent, or 93.88 points, to 27,761.03. The benchmark Shanghai Composite Index eased 0.12 per cent, or 4.06 points, to 3,277.81 ... ( read original story ...)