Tag: banking

SHANGHAI/BEIJING Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise. ( read original story ...)

Fiscal forum: Secretary for Financial Services & the Treasury Prof KC Chan (front centre) and Shanghai Municipal Government Financial Services Office Director-General Zheng Yang (front left) attend the seventh Working Meeting of Hong Kong-Shanghai ... ( read original story ...)

SHANGHAI/BEIJING (Reuters) - Moody's Investors Service downgraded China's credit ratings on Wednesday, saying it expects the financial strength of the world's second-biggest economy will erode in coming years as growth slows and debt continues to rise. ( read original story ...)

SHANGHAI Moody's Investors Services downgraded China's long-term local and foreign currency issuer ratings on Wednesday, citing expectations that the financial strength of the world's second-biggest economy would erode in the coming years. The downgrade by ... ( read original story ...)

The yuan was marginally weaker at 6.8949 per dollar while the Shanghai stock index fell one per cent to ... and has rattled global financial markets since late last year. “The downgrade reflects Moody’s expectation that China’s financial strength ... ( read original story ...)

Another failed financial firm, Wang Bo, preferred to hold fund-raising ... were surprised by the number of people prepared to demonstrate last September in Shanghai. The protesters crowded together sharing their tales of woe and chanting: "We want our ... ( read original story ...)

Shanghai United snapped up the corner site, with then joint venture partner Visionary Investment Group for about $140 million last year, as revealed by The Australian Financial Review. "This project marks a new area of luxury hotel and high-end apartments ... ( read original story ...)