Finance


Financials to be opened up further

China has made remarkable progress in opening up its financial sector and will continue to expand opening-up of the sector, the central bank said....

May 20, 2019, Monday


China capable of warding off risks, shocks

China has the confidence and capacity to fend off any external risks and shocks, foreign ministry spokesperson Geng Shuang said at a press briefing yesterday, amid escalating China-US trade tensions...

May 16, 2019, Thursday


Little M&A interest in health-care sector

MERGERS and acquisitions in the health-care sector might not be as active as in previous years but smaller size consolidation might be the target for pharma and investment firms, according to a new report ...

May 16, 2019, Thursday


Rich-poor divide in EU widens but still tops for equality

Although the gap between rich and poor has widened in the European Union over the past decades, the bloc is a world leader in fighting inequality, experts say....

May 13, 2019, Monday


Alibaba named the most valuable brand in China

The total value of the 100 most valuable Chinese brands increased 30 percent to US$889.7 billion despite trade tensions and slower growth, according to the latest study by WPP and Kantar....

May 8, 2019, Wednesday


Negative list to be trimmed

A SHORTER negative list for foreign investment will be released in the first half of the year to expand market access for foreign investors, a commerce official said yesterday. Vice Minister of Commerce ...

April 30, 2019, Tuesday


Fed is seen holding fire on interest rates for now

The Federal Reserve is poised to hold its fire this week, leaving benchmark US interest rates untouched as central bankers await firm indications of where the world’s largest economy is headed....

April 29, 2019, Monday


PBOC to stay neutral on monetary policy

China’s central bank reaffirmed it would maintain a neutral monetary policy, with no plans to tighten or relax its stance....

April 26, 2019, Friday


PBOC acts to encourage small firms

China’s central bank yesterday injected 267.4 billion yuan (US$39.8 billion) into the market via its targeted medium-term lending facility to maintain liquidity....

April 25, 2019, Thursday


UnionPay in major overseas expansion

China UnionPay’s international business arm announced yesterday it has teamed up with six Belt an Road Initiative countries in a bid to build an interconnected payment network and support personnel ex...

April 24, 2019, Wednesday




 

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