China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been ...
China's central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase ...
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to ...
As China Construction Bank's London branch reached a cumulative renminbi clearing value surpassing 100 trillion yuan ($13.8 ...
"Besides, banks' earnings will benefit from lower provision expenses after the swap." Chinese banks face margin pressures as the People's Bank of China maintains an easing stance to support the ...
China’s central bank injected $70 billion worth of cash into money markets this month via a newly established policy tool, in a step to ease liquidity stresses in the fragile economy and encourage ...
The Bank of China is on track to establish its first branch in Papua New Guinea's capital, Port Moresby. The move is being watched closely by the Australian government, which is wary of how ...
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] BEIJING - China will steadily promote institutional opening-up of the financial ...
China’s central bank stands ready to further cut the amount of cash that commercial banks must hold as reserve for the remainder of the year as it dials up policy changes and implementation to ...
The Bank for International Settlements said on Thursday it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evolve at a time ...
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
Nevertheless, millions more remain presold but not completed. Monetary policy measures by the People’s Bank of China (PBoC) involve plans to ease the bank reserve-requirement ratio by 50 basis points ...