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Tag: banking

Posted on 19/08/2024

US, China agree to coordinate in times of financial stress, US Treasury says

the US Treasury Department said in a statement on Monday. The statement follows the fifth meeting of a US-China financial working group, held last week in Shanghai, the department said. ( read original story ...)

Posted on 19/08/2024

Tech war: Shanghai injects US$1 billion to chip fund as China strives for self-reliance

The Shanghai Semiconductor Industry Investment Fund (SSIIF ... The South China Morning Post previously examined financial statements from 25 of the country’s best known semiconductor companies, ... ( read original story ...)

Posted on 19/08/2024

US-China financial working group seek to ‘strengthen’ cooperation in times of stress

Financial Working Group met in Shanghai last week, with officials from China and the US discussing a wide range of issues over two days. ( read original story ...)

Posted on 19/08/2024

Stock Market Likely To Open Higher Today; GIFT Nifty Futures Up By 72 PTS

The GIFT Nifty futures indicated a positive start as it went up by 72 points. The benchmark indices like Sensex and Nifty may open green today (19th August 2024), as global maker ... ( read original story ...)

Posted on 19/08/2024

China, US Team Up on Contact Group to Handle ‘Financial Stress’

China’s central bank said a meeting in Shanghai produced an agreement with the US Treasury to appoint contact people to deal with any future “financial stress events,” a rare example of the world’s ... ( read original story ...)

Posted on 19/08/2024

U.S., China sign agreement to cooperate on financial stability

The U.S. and China last week signed agreements for cooperating on financial stability, according to a People’s Bank of China readout Monday. ( read original story ...)

Posted on 19/08/2024

China, US join hands to ensure financial stability

The China-US Financial Working Group held its fifth meeting from Thursday to Friday in Shanghai, co-chaired by Xuan Changneng, deputy governor of the People's Bank of China, and Brent Neiman, ... ( read original story ...)

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