Korea Development Bank has decided to close its representative office in Manila, according to the Bangko Sentral ng Pilipinas. ( read original story ...)
Shanghai exchange hints at sale of global depositary receipts by Chinese companies in Switzerland amid fraying US-China ties
A plan to allow the listing of global depositary receipts by companies on the Shanghai and Swiss exchanges would represent the local bourse’s third cross-border connection, after a linkage with Hong ... ( read original story ...)
Fitch Rates Bank of China’s Proposed MTN Notes ‘A(EXP)’
Fitch Ratings has assigned an expected rating of 'A(EXP)' to Bank of China Limited's (BOC, A/Stable/bb+) proposed senior unsecured notes to be issued by its Frankfurt, Luxembourg, Macau, Singapore and ... ( read original story ...)
Shanghai Motor Show a Battleground for Electric Cars
This year's show, the first one since the coronavirus pandemic started, highlights the rivalry in electric car development between established heavyweights and newcomers. One industry insider said, ... ( read original story ...)
China Stock Market Has A Red Light For Tuesday’s Trade
The China stock market has moved higher in two straight sessions, gathering almost 80 points or 2.3 percent along the way. The Shanghai Composite Index now rests just above the 3,475-point plateau ... ( read original story ...)
Yuan internationalisation goal ‘is not to replace US dollar’, top China banking official insists
China’s efforts to promote its digital currency as well as the internationalisation of the yuan had caused concerns it wanted to topple the US dollar as the world’s main reserve currency. ( read original story ...)
Citigroup to expand investment banking biz in China
The move comes after the U.S. bank revealed last week that it would sell its retail banking assets in 13 markets, including mainland China. ( read original story ...)