Search Results for: Chinese
Bank of China, BOC International Holdings and SGX expand collaboration on Renminbi and market developments
April 17th, 2015
Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI) are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework ...
Baker & McKenzie and FenXun Partners receive the first approval for a Joint Operation in the China (Shanghai) Free Trade Zone
April 17th, 2015
The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal needs Baker & McKenzie and FenXun Partners today became the first international and PRC law firms to enter into a ...
China Stocks Head for Sixth Week of Gains on Policy Easing Bets
April 17th, 2015
Chinese stocks rose, with the Shanghai Composite Index heading for a sixth straight week of gains, on speculation the government will add stimulus as the economy decelerates. Train makers CSR Corp. and China CNR Corp. jumped by the 10 ...
Huge Trouble Is Percolating Just Under The Surface Of The Global Economy
April 16th, 2015
Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high? And did you know that Chinese exports are absolutely collapsing and that Chinese economic growth in 2014 was the weakest in ...
Japan Overtakes China as Largest U.S. Bondholder
April 16th, 2015
Japanese become biggest funders of American government for first time since 2008 financial crisis Japan dethroned China as the top foreign holder of U.S. Treasurys for the first time since the financial crisis, following a wave of purchases by ...
Clifford Chance advises on GF Securities (Hong Kong)’ IPO
April 15th, 2015
International law firm Clifford Chance has advised a group of 26 underwriters, led by GF Securities (Hong Kong), Goldman Sachs, Morgan Stanley, BOCOM International Securities, Deutsche Bank and Merrill Lynch on GF Securities’ HK$28 billion (US$3.5 billion) listing on ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
China’s growth slows to 7% in the first quarter
April 15th, 2015
China‘s economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in 2009. The rate was lower than the 7.3% posted for ...
Asian markets stumble over China
April 15th, 2015
Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy action by Beijing. Growth in China’s colossal economy did slow ...
Qatari banks ink deal for Islamic finance venture in China
April 14th, 2015
Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. At present there is very little Islamic finance activity in China, but the country’s ...