The company has received approval from the Chinese Banking and Insurance Regulatory Commission (CBIRC) to set up a mutual fund unit in the country. Thus, BlackRock has become the first global asset ... ( read original story ...)
Quectel’s New Generation Smart Modules Certified by Verizon
Quectel Wireless Solutions (603236.SS), the leading global supplier of cellular and GNSS modules, has announced that Verizon has approved its new generation Smart Modules, the SC600T-NA and SC600Y-NA, ... ( read original story ...)
Shanghai to further tap potential of consumer market
(Xinhua) -- Shanghai is planning more pro-consumption campaigns in the coming months to further boost market vitality as consumer demand, held back by the COVID-19 epidemic, rebounds. The city saw its ... ( read original story ...)
China central bank says it will improve benchmark interest rate system
China's central bank said on Monday it will make interbank repo rates by depository institutions (DR) a key reference for monetary policy adjustment and financial market price-setting. ( read original story ...)
Bank of Communications net profit down 14.6% in H1
Bank of Communications, one of China's largest commercial banks, posted a year-on-year net profit decline of 14.61 percent in the first half of 2020 (H1) as the COVID-19 epidemic resulted in more bad ... ( read original story ...)
UPDATE 1-China central bank says it will improve benchmark interest rate system
Improving China’s benchmark interest rate system would help build up financial markets, deepen market-based interest rate reforms and improve monetary policy management, the People’s Bank of China ... ( read original story ...)
Japan’s Daiwa gets green light for investment banking in China
Japanese brokerage house Daiwa Securities Group said on Monday that it has received the green light for its plan to launch a majority-owned joint venture in Beijing, a move that indicates Japanese ... ( read original story ...)