Expert predicts rate rise in July
2011-06-21 13:44:31
Lu Zhengwei, an economist at Industrial Bank Ltd who has successfully predicted the central bank's tightening moves on 13 consecutive occasions, said on Monday that China is likely to raise interest rates again in July.
ING looks to expand banking business
2011-06-21 11:12:21
The Dutch bancassurer ING Group NV plans to pin the growth of its Chinese banking business on servicing the accelerating expansion of Chinese companies overseas and European companies in China.
Stocks slide to nine-month low on rate-rise concern
2011-06-21 11:12:03
Stocks on the Chinese mainland fell to the lowest level in almost nine months on Monday. That's after Nomura Holdings Inc forecast the Chinese central bank will raise interest rates and Credit Suisse Group AG said the country is heading for a "sluggish landing".
China 1-day Shibor rises most in 5 months
2011-06-21 10:47:36
China's one-day Shanghai interbank offered rate, or Shibor, surged the most in five months on speculation cash supplies will become tighter as redemptions of central bank bills decline this week.
PE investment rules to be eased soon
2011-06-21 10:40:03
China will soon loosen restrictions on domestic securities brokerages engaging in private equity (PE) investment despite investors' concerns that they may manipulate the market by pushing up initial public offering prices to reap exorbitant profits as prefloat investors.
Prime estate
2011-06-17 14:15:24
Chinese buyers have emerged as vital clients for London's prime property agents.
Home away from home
2011-06-17 14:18:05
China's recent moves to tighten soaring home prices have pushed investors to turn to London's property market, Chinese buyers and analysts say.
Foreign banks allowed to underwrite corporate debt
2011-06-17 10:50:36
The China units of HSBC Holdings and Citigroup Inc have won initial approval to underwrite corporate debt in China, paving the way for them to be the first foreign banks to win the coveted licenses.
China ups holdings of US debt in April
2011-06-17 09:56:53
China, the largest foreign holder of United States Treasuries, bought more federal bonds in April for the first time since October despite concerns over the US debt level.
China Eximbank signs E Siberia co-op deal
2011-06-17 09:16:13
A $5 billion-worth cooperation deal was signed on Thursday between Russia's En+ Group and China's Export-Import Bank of China.
Yuan to facilitate business with other economies
2011-06-16 13:54:18
Chief Executive of the Hong Kong Monetary Authority (HKMA) Norman Chan on Wednesday said here that the use of Chinese currency Renminbi will facilitate the business between China and emerging market economies.
Focus on guarantee business
2011-06-16 10:13:13
The China Banking Regulatory Commission will require banks to examine their guarantee business throughout July.
