SHANGHAI/BEIJING — Multiple local branches of China’s central bank have told commercial banks to increase loans appropriately, three sources with direct knowledge of the matter said. ... ( read original story ...)
Asia markets set to trade higher ahead of trade talks, central bank decisions
Investors will be watching for the Bank of Japan's announcement of its decision on interest ... as investors await developments from U.S.-China trade talks this week in Shanghai as well as monetary ... ( read original story ...)
Financial reforms set to continue in China
The picture taken on April 1, 2019 shows the Pudong New Area in Shanghai, one of China's financial centers. (Xinhua/Liu Ying) "Our first-order task is to ensure that the macro policy is well ... ( read original story ...)
Is Star Market, Xi Jinping’s pet project to boost tech fundraising, just another casino for excitable stock market punters?
“But taking measures to ensure stability could undermine efforts to implement market-based reforms.” Shanghai Stock Exchange said it could have stepped in to halt trading if wild price swings ... ( read original story ...)
China Bank of Jinzhou says in talks with possible investors, renewing contagion worry
BEIJING/SHANGHAI (Reuters) - China's Bank of Jinzhou, which suspended trading in its shares earlier this year and saw its auditor quit, said on Thursday that it is in talks with multiple parties for ... ( read original story ...)
China’s STAR Market stocks trim massive gains on second wild day of trade
While 24 out of 25 companies on the Shanghai Stock Exchange’s STAR Market opened lower, by the midday break four companies managed to post gains, led by Espressif Systems (Shanghai) Co., a maker ... ( read original story ...)
China c.bank injects medium-term loans, with more low-cost funds to support economy
SHANGHAI — China’s central bank offered medium-term loans to financial institutions on Tuesday in an attempt to get more affordable funds to struggling smaller firms, as it steps up efforts to ... ( read original story ...)