(Reuters) - A senior official at the People's Bank of China said on Saturday the collapse of Silicon Valley Bank (SVB) showed how rapid monetary policy shifts were having spillover effects, ... ( read original story ...)
Beijing May Allow Foreign Financial Firms to List in China – Ex-Finance Minister
SHANGHAI (Reuters) - China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the country when "conditions are ... ( read original story ...)
Balance of loans in Shanghai rises at end of February
SHANGHAI, March 18 (Xinhua) -- The balance of loans in Shanghai, including all currencies, stood at 10.66 trillion yuan (about 1.54 trillion U.S. dollars) at the end of February, up 7.7 percent year ... ( read original story ...)
Asia markets rise as Wall Street banks move to shore up banking system
Asia-Pacific markets are poised to rise Friday after major Wall Street banks came to the rescue of embattled First Republic Bank in an attempt to bolster confidence in the banking system. CNBC's David ... ( read original story ...)
Collapse of Silicon Valley Bank Has Chinese Startups Worried
In a 2019 interview, when he was SVB’s chief credit officer, he said SVB was “a model bank for China.” SVB approached China in two different ways. One involved wholly owned operations in major tech ... ( read original story ...)
Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era
Specifically, Shanghai Jahwa takes the opportunity of deep integration of digital technology and financial management to build a digital financial system featuring automated transaction processing, ... ( read original story ...)
Shanghai launches spring recruitment campaign to promote employment for 236,000 college graduates
Shanghai on Friday kicked off a spring recruitment campaign to promote employment for a record high of 236,000 college graduates this year, with one of the largest in-person job fairs being held on ... ( read original story ...)