Tag: banking

Last week, Australia’s central bank predicted weaker iron prices ... according to Ian Roper, head of Shanghai Metals Market’s international division. It makes for a “risky picture” for prices given ore supply is always seasonally stronger in ... ( read original story ...)

SYDNEY/BEIJING, Sept 18 (Reuters) - Australia and New Zealand Banking Corporation said on Monday Baoshan Iron & Steel Co would buy part of its stake in Shanghai Rural Commercial Bank Co, rather than Shanghai Sino-Poland Enterprise Management Development ... ( read original story ...)

SYDNEY/BEIJING (Reuters) - Australia and New Zealand Banking Corporation (ANZ.AX) said on Monday Baoshan Iron & Steel Co (600019.SS) would buy part of its stake in Shanghai Rural Commercial Bank Co [SHRCB.UL], rather than Shanghai Sino-Poland Enterprise ... ( read original story ...)

BEIJING/HONG KONG (Reuters) - China's central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid US concerns that Beijing has not been tough enough over Pyongyang's repeated nuclear tests. ( read original story ...)

Shanghai Commercial Bank posted a 101-percent, year-on-year growth in net profit to HK$2.06 billion for the first six months. Corporate borrowing and commission fees accounted for much of it, and the situation is expected to remain largely unchanged in the ... ( read original story ...)

ANZ today announced that under a revised arrangement Baoshan Iron & Steel Co., Ltd. (Bao) will join China COSCO Shipping Corporation Limited (COSCO) to acquire ANZ's 20% stake in Shanghai Rural Commercial Bank (SRCB). Under a new sale agreement, Bao will ... ( read original story ...)

Investing.com - Asian shares were mixed on Monday with weekend political news of note for the fortunes of center-leaning parties on the wane in New Zealand and Germany - both of which use mixed-member proportional voting systems. The AfD stunned the German ... ( read original story ...)