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Posted on 08/10/2018

WRAPUP 2-China shares tumble despite central bank’s move to aid economy

SHANGHAI, Oct 8 (Reuters) - China stocks tumbled when the market ... a week-long holiday on the mainland to celebrate National Day. On Sunday, the People’s Bank of China (PBOC) announced a 100-basis-p... ( read original story ...)

Posted on 08/10/2018

China stocks tumble despite central bank’s move to support economy

SHANGHAI (Reuters) - China’s stocks fell sharply ... The yuan was also down, after the central bank set the reference rate at its weakest level against the dollar since May 11, 2017, and ... ( read original story ...)

Posted on 08/10/2018

China’s central bank frees up nearly $175 billion to jump-start economy

Stocks in Shanghai have sunk about 15% since the beginning of the year, while the yuan has weakened by more than 9% against the U.S. dollar since mid-April. The central bank said the cut will free up ... ( read original story ...)

Posted on 08/10/2018

MIL-OSI Banking: Fraudulent website and phishing email related to The Hongkong and Shanghai Banking Corporation Limited

Fraudulent website and phishing email related to The Hongkong and Shanghai Banking Corporation Limited The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release ... ( read original story ...)

Posted on 08/10/2018

China’s central bank RRR cut to prop up pressured bourses

But he said the central bank's recent decision to cut reserve requirement ratios (RRR), would help stabilize the two bourses. The Shanghai Composite Index stood at 2,821.35 points, up by 1.06 percent, ... ( read original story ...)

Posted on 08/10/2018

China faces bleaker end to 2018 as central bank cuts reserve ratio again

After a week-long holiday, Chinese stocks opened down, with the CSI300 Index dropping 3 percent and the main benchmark Shanghai Composite falling 2.4 percent. The currency also dropped against the dol... ( read original story ...)

Posted on 08/10/2018

New Development Bank Deploys TCS BaNCS as its Flexible Digital Backbone

SHANGHAI | MUMBAI, October 4, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE:TCS), a leading IT services, consulting and business solutions organization, announced that New Development Bank ... ( read original story ...)

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