In Tokyo, the Nikkei 225 index jumped 2.4% to 39,639.27. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years. ( read original story ...)
China Renaissance Named One of Shanghai’s First Batch of Global Partners for Foreign Investment Promotion
On 27th February, the official certification ceremony was held in Shanghai for the 38th batch of regional headquarters, research and development (R&D) centers of multinational corporations (MNCs), as ... ( read original story ...)
UPDATE 2-China c.bank leaves key policy rate unchanged, as expected
China's central bank left a key policy rate unchanged while withdrawing cash from a medium-term policy loan operation on Friday, as authorities continued to prioritize currency stability amid ... ( read original story ...)
PBOC urges Shanghai financial institutions to improve foreign payment services
The People's Bank of China, the country's central bank, has urged financial institutions in Shanghai to further intensify efforts to improve payment services for foreign visitors with relevant efforts ... ( read original story ...)
China’s central bank says no intention to actively drain cash from banking system
The policy loan operation of China’s central bank today fully met market demand and its stance of keeping banking system liquidity reasonably ample has ... ( read original story ...)
China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to restore confidence in US$9.2 trillion stock market
China is tightening the screws on new domestic stock offerings, issuing four documents at once laying out some of the harshest rules, checks and penalties yet to crack down on fake accounting and ... ( read original story ...)
54 Chinese Cities Have Over CNY1 Trillion in Deposits at Financial Institutions
Shenzhen was the only other city with a deposit balance in excess of CNY10 trillion (USD1.39 trillion), followed by Chengdu, Chongqing, Guangzhou, Hangzhou, Nanjing, and Suzhou, with between CNY5 ... ( read original story ...)