Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in ... ( read original story ...)
Trump signed bill to impose financial sanctions related to China
Indices trade generally higher amid the vaccine news released after the US close; Shanghai market lags, CN state fund recently sold shares in BOCOM, Trump signed bill to impose financial sanctions ... ( read original story ...)
A Spate of Bank Runs Breaks Out in China, Fueled by Social Media
(Bloomberg) -- Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors.Just since ... ( read original story ...)
Chinese yields hover near six-month highs, analysts see c.bank policy shift
The yield on Chinese 10-year government bonds hovered this week near its highest since January, reflecting tighter cash conditions that analysts see as a sign of a policy shift by the central bank. By ... ( read original story ...)
UPDATE 1-Chinese yields hover near six-month highs, analysts see c.bank policy shift
The yield on Chinese 10-year government bonds hovered this week near its highest since January, reflecting tighter cash conditions that analysts see as a sign of a policy shift by the central bank. ( read original story ...)
Volkswagen-SAIC JV to revamp Shanghai plants to make Audi sedans – govt document
Volkswagen AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan ($590 million) to revamp their car plants in Shanghai to make new Audi sedans, according to a government ... ( read original story ...)
HSBC gets in-principle nod to set up IFSC Banking Unit at GIFT City
NEW DELHI: The Hongkong and Shanghai Banking Corporation (HSBC) has got in-principle approval from the GIFT SEZ Authority to set up an IFSC Banking Unit at GIFT City, subject to other regulatory ... ( read original story ...)