Tag: banking

A security camera video from China showing good samaritans helping a man to pick up hundreds of bank notes which blew away in a gust of wind. The clip was filmed in Shanghai on August 2. ( read original story ...)

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 ...)