Wells Fargo to seek license for yuan-based business
2011-04-19 13:10:39
Wells Fargo & Co said it will apply for a license to conduct yuan business in China, as it sees great business opportunity in the booming yuan-denominated trade.
China fund seeks new Europe investment
2011-04-18 16:56:14
China's sovereign wealth fund has big exposure to Europe and the return is not bad.
Share sales should be last resort in bank fundraising -paper
2011-04-18 15:55:42
China's regulators want commercial banks to replenish capital by using retained profit or other methods before considering additional share sales, the Securities Times reported on Monday, citing a senior official.
Share sales should be last resort in bank fundraising -paper
2011-04-18 15:55:42
China's regulators want commercial banks to replenish capital by using retained profit or other methods before considering additional share sales, the Securities Times reported on Monday, citing a senior official.
China stocks close higher Monday
2011-04-18 15:42:17
Chinese shares closed higher Monday with the benchmark Shanghai Composite Index up 6.8 points, or 0.22 percent, to 3,057.33.
China still has space to tighten monetary policy further
2011-04-18 15:23:58
China still has room to further tighten monetary policy, the official China Securities Journal said in a front-page editorial on Monday.
China to examine bank loans, tighten licenses this year
2011-04-18 15:14:02
China's banking regulator will launch a thorough examination this year of loans extended over the past few years, and will tighten the issuance of banking licenses in response to global easing of liquidity, the Shanghai Securities News reported on Monday.
Asian stocks fall for the first time in a month
2011-04-18 14:36:40
Asian stocks fell for the first week in four as China's inflation rose faster than estimated and the International Monetary Fund cut growth forecasts for the United States and Japan.
China, New Zealand sign 25b yuan currency swap deal
2011-04-18 14:36:16
China and New Zealand have signed a 25 billion yuan ($3.83 billion) bilateral currency swap deal, the Chinese central bank said on Monday.
Add yuan to IMF currency basket - Yi
2011-04-18 14:52:36
China's yuan is close to being a freely usable currency, one of two key tests for it to be included.
IMF asked to manage cross-border money
2011-04-18 13:41:57
The International Monetary Fund (IMF) should work on the management of cross-border capital flows and global liquidity, the deputy governor of China's central bank said, highlighting inflation as a global "policy issue".
New hike in reserves for banks
2011-04-18 09:01:10
The fourth increase this year aims to mop up excessive liquidity and control inflation.
