Tightening threat hits markets - May 4

2011-05-05 10:49:00

Stocks on the Chinese mainland fell the most in two months after the government said taming inflation is "critical".

Forex reserves pose problems: PBOC official

2011-05-05 07:53:09

China's high foreign exchange reserves are the major cause of excess liquidity.

China's top banks step up lending in April

2011-05-05 10:00:19

China's top four State-owned banks lent 260.6 billion yuan ($40.1 billion) in new yuan loans in April, slightly higher than the 242 billion yuan issued in March, said a Reuters report.

Time not ripe to float yuan: Experts

2011-05-05 09:54:02

Currency, financial markets set to be main topics at Sino-US meeting

Minsheng Bank to open 3 rural banks

2011-05-05 09:21:26

China Minsheng Banking Corp Ltd said it has received the go-ahead from regulators to set up three more rural banking units.

Experts: Time not ripe to float yuan

2011-05-05 06:50:22

The US quantitative easing policy makes it inappropriate for China to let the yuan float freely now.

Central bank to sell 6b yuan 3-month bills

2011-05-04 17:39:24

China's central bank said on Wednesday that it would auction 6 billion yuan ($923 million) of three-month bills in its open market operations on Thursday, down from 11 billion yuan of such bills sold last week.

Hong Kong stocks close 1.35% lower

2011-05-04 16:57:49

Hong Kong stocks fell 318.01 points, or 1.35 percent, to close at 23,315.24 on Wednesday.

CITIC Bank to cut new property loans by a third

2011-05-04 16:42:24

China CITIC Bank , a second-tier Chinese lender, will cut property loans by at least a third in 2011 from last year, a bank executive said on Wednesday.

China's bank forex surpluses grow faster

2011-05-04 15:17:18

The growth of Chinese banks' foreign exchange surpluses from bank-to-client transactions accelerated in March, helping to contribute to China's rapidly expanding foreign exchange reserves.

Chinese banks can meet tougher standards: Official

2011-05-04 14:35:03

China's major banks have largely met stringent new regulations concerning capital requirements, and no large-scale capital supplements are needed, an official with China's banking regulator has said.

S Korea mulls RMB-denominated assets investments

2011-05-04 14:28:54

South Korea's central bank is mulling investments in the yuan-denominated assets in a bid to brace for the internationalization of the Chinese currency in the long term.