Asian stocks turned mixed on Wednesday following fresh economic data from China that largely met expectations. China’s fixed-asset investment (FAI) increased 10.2 percent in the January-October period compared with the year-earlier ... Read More
Move part of Beijing’s strategy to promote RMB as a global reserve currency alongside the dollar China‘s national foreign exchange market will introduce direct trading of the Swiss franc, ... Read More
HSBC to use JV to tap China’s onshore bond market Foreign rivals on restrictive licences have made little inroad HSBC will have full control of JV and broader licence ... Read More
Investors have taken fright at the prospect that the US Fed could raise interest rates at the point when China is experiencing persistently weak demand Stock markets in Asia Pacific ... Read More
Initiatives to strengthen cross-border Renminbi (RMB) flows and a commitment to collaborate on capital market connectivity between China and Singapore were the key outcomes in financial co-operation arising from ... Read More
China is making 6.5 percent a floor or minimum level for annual economic growth in 2016 through 2020, a senior Chinese policymaker said on Monday, adding that the figure would ... Read More
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released ... Read More
Main indexes up; small caps help sustain the rise Some investors sell blue chips on profit taking Hong Kong index down, pressured by possible U.S. rate hike China’s stocks ... Read More
Chinese President Xi Jinping said it is possible for the country to have annual economic growth of around 7 percent over the next five years, but there remain many ... Read More
China‘s foreign exchange regulator has urged its officials to take seriously the ruling Communist Party’s fight against corruption and follow rules closely, the regulator said in a statement released ... Read More
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