US Presses China for More Yuan Transparency as Yellen Meeting Looms
The US Treasury reiterated its call for greater transparency in how Beijing conducts its exchange-rate policy and said
2023-11-08 05:29
China’s Housing Slump Shrinks Role as Growth Driver, Research Says
China’s prolonged housing slump means the real-estate sector is driving less growth and contributing to the economic slowdown,
2023-11-07 18:45
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported, citing two people
2023-11-01 15:28
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:56
China’s Central Bank Drains Liquidity After Overnight Rate Surge
China’s central bank withdrew cash from the financial system, suggesting it sees Tuesday’s abrupt surge in short-term borrowing
2023-11-01 10:27
PBOC Vows More Liquidity After Surge in China Money Market Rates
The People’s Bank of China will likely inject ample liquidity into the money market after interest rates surged
2023-11-01 04:19
Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:55
HSBC May Lift Variable Pay By $300 Million, Costs to Rise
HSBC Holdings Plc said it may increase some variable pay, resulting in higher expenses, after it announced a
2023-10-30 15:23
Xi Seen Tightening Grip on Finance at Twice-a-Decade Conference
President Xi Jinping is set to further tighten his control of China’s $61 trillion financial industry as he
2023-10-30 08:18
Ping An Profit Falls as Market Rout Hurts Investment Returns
Ping An Insurance (Group) Co., China’s second largest insurer by market value, said profit fell 5.6% for the
2023-10-27 19:15
Ant-Backed Rural Lender Chongho Weighs $500 Million Hong Kong IPO
Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses,
2023-10-27 11:59
Nomura Redraws China Strategy, Cuts Jobs After Losses Deepen
Nomura Holdings Inc. is overhauling its China business after losses there snowballed, reflecting setbacks to plans by Japan’s
2023-10-26 16:16