Tag: banking

The Reserve Bank of Australia lowered its forecast for economic growth ... Hong Kong’s Hang Seng Index was little changed, while the Shanghai Composite Index swung between gains and losses. Contracts on the Euro Stoxx 50 fell 0.2 percent as of 7:30 ... ( read original story ...)

China's Shanghai Composite index fell 10.85 points or 0.33 percent ... ahead of an expected announcement of a joint venture with Toyota Motor. Weakness in the banking sector pulled Australian shares lower after Commonwealth Bank was accused of money ... ( read original story ...)

Qinhuangdao Port planned an IPO on Shanghai Stock Exchange back in 2013, but later gave up the plan and moved the IPO to Hong Kong Stock Exchange. Qinhuangdao Port is a major coal transshipment port in China and one of the largest dry bulk shipping port in ... ( read original story ...)

SHANGHAI: China’s major stock indexes fell on Thursday, after a private survey showed the country’s services sector cooled in July and a net drain of funds by the central bank renewed concerns about liquidity conditions. The blue-chip CSI300 index fell ... ( read original story ...)

Solar panels sit on a rooftop at the Shanghai Lingang industrial zone. The company that made them, Hongbo New Energy (HNE), had received a 525-million-yuan long-term loan at the end of last year from the New Development Bank (NDB), a financial institution ... ( read original story ...)

The British pound slumped after the Bank of England cut its U.K. growth outlook ... Hong Kong’s Hang Seng Index was down 0.3 percent and the Shanghai Composite Index fell 0.4 percent. ( read original story ...)

The central bank on Wednesday cut rates to the lowest since 2010 and ... The most-active rebar on the Shanghai Futures Exchange was up 0.1 per cent to 3724 yuan ($698) a tonne. The construction steel product hit 3759 yuan on Tuesday, its loftiest since ... ( read original story ...)