HSBC insurance unit to strengthen bank sales outlets
2011-04-14 14:29:20
HSBC Insurance will continue to drive its growth in China through bank insurance, the insurance arm of HSBC Holdings Plc said on Wednesday.
China to release total financing indicator
2011-04-14 14:05:37
China's central bank will publicize the financing indicator for the whole society at 3:00 pm April 14.
CIC denies reports of Spanish bank investment
2011-04-14 13:38:56
China Investment Corp, the country's sovereign wealth fund, on Thursday denied reports that it was studying a $9 billion investment in Spanish banks.
Hu calls for reform of int'l monetary systems
2011-04-14 13:37:33
Chinese President Hu Jintao called for the reform of international monetary and financial systems on Thursday, saying that the say and representation of emerging markets and developing countries should be increased.
Ping An says more rate hikes likely this year
2011-04-14 13:10:38
Ping An of China expects interest rates and bank reserve ratios to be hiked at least once more this year, a move that may potentially benefit the company's earnings, a senior executive said on Wednesday.
Hu calls for reform of int'l monetary systems
2011-04-14 13:37:33
Chinese President Hu Jintao called for the reform of international monetary and financial systems on Thursday, saying that the say and representation of emerging markets and developing countries should be increased.
Ping An says more rate hikes likely this year
2011-04-14 13:10:38
Ping An of China expects interest rates and bank reserve ratios to be hiked at least once more this year, a move that may potentially benefit the company's earnings, a senior executive said on Wednesday.
China may raise bank reserve requirements again
2011-04-14 13:07:58
China is likely to raise bank reserve requirements in the near term to soak up excessive cash in the economy, the official China Securities Journal said in a front page editorial on Thursday.
Banks close to agreement on local currency settlement
2011-04-14 10:30:20
Agreement on developing settlement and credit in local currencies will be reached among BRICS countries, executives of five national development banks announced on Wednesday, a move expected to increase the role of their national currencies.
China studies $13b investment in Spain banks
2011-04-14 09:54:23
Chinese investors including the country's sovereign wealth fund may inject $13 billion into Spanish banks, a government source said.
Inspectors probe real estate prices
2011-04-13 17:39:51
A team of State Council inspectors started field research Tuesday in eastern Zhejiang province to see the implementation and effects of housing policies. The group will carry out its fieldwork in Hangzhou, Ningbo, and Wenzhou, Shanghai Securities News reported Wednesday.
China stocks up on S Korea
2011-04-13 15:11:55
China, which has the world's largest foreign-exchange reserves, has become the fastest-growing holder of South Korean stocks as investors make efforts to diversify investments.
