Back in 2011, some of the bank leaders were involved in running jokes about chasing yield—now they don't seem so funny. ( read original story ...)
China Announces Financial Stimulus, But Investors Await More Details
Chinas much-anticipated financial stimulus announcement on Saturday aimed to revive its slowing economy, but investors were left wanting more concrete details. While Finance Minister Lan Foan ... ( read original story ...)
China’s stimulus message leaves investors wanting
Reuters reported last month that China plans to issue special sovereign bonds worth about 2 trillion yuan this year as part of fresh fiscal stimulus. Bloomberg News reported China is considering the ... ( read original story ...)
Hong Kong and Shanghai stocks rallied Thursday as traders welcomed a Chinese central bank move to provide billions of dollars in liquidity to institutions in a bid to boost …
Hong Kong and Shanghai stocks rallied Thursday as traders welcomed a Chinese central bank move to provide billions of dollars in liquidity to institutions in a bid to boost markets. The Hang Seng ... ( read original story ...)
China’s stimulus message leaves investors wanting though hanging onto hope
China's highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details that investors need to ratify their recent return to the world's ... ( read original story ...)
Banking on company: China’s youth-driven ‘companionship economy’ gains steam, but risks also emerge
Be it talking, shopping, gaming or even mountain climbing - China has witnessed a growing trend of young people seeking out paid companionship. While local media reports have highlighted the merits, ... ( read original story ...)
China kicks off 500 billion yuan swap facility to aid stock market
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market. ( read original story ...)