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Chinese tech giants sink on report China is considering a state-backed company to oversee tech data

Chinese tech giants fell on Wednesday after reports said the PBOC is considering establishing a joint venture to oversee companies' data collection. .....»»

Category: dealsSource: nytMar 24th, 2021

China tells Ant to return to roots, imposes curbs, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 27th, 2020

PBOC To Cut Rates Next: China CPI Huge Miss, PPI Prints At 4 Year Low

PBOC To Cut Rates Next: China CPI Huge Mis.....»»

Category: blogSource: zerohedgeMay 11th, 2020

China crude oil runs hit 15-month low as virus cripples demand

China's daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep output cuts as the coronavirus pandemic erodes demand, but there are some signs of recovery as the country begins to ease virus-related curbs......»»

Category: topSource: reutersApr 17th, 2020

Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency

The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions......»»

Category: forexSource: coindeskApr 14th, 2020

PBOC reportedly cuts reserve ratio as Norway cuts base rate by half point

The People's Bank of China offered discounts to banks' reserve ratios by a half or 1 percentage point from the.....»»

Category: topSource: marketwatchMar 13th, 2020

U.S. moves high-level U.S. meeting on China tech, possible new Huawei curbs to March: sources

Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said......»»

Category: topSource: reutersFeb 28th, 2020

China"s top container ports unclog backlog as virus curbs ease

China's top container ports are loosening the backlog of cargoes on their docks as workers return to their posts after coronavirus travel curbs that kept them away and jammed up global supply chains have been eased......»»

Category: topSource: reutersFeb 27th, 2020

China"s main manufacturing hubs reboot after virus shutdown

As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours......»»

Category: topSource: reutersFeb 25th, 2020

Dow curbs 1,000 point drop as deadly coronavirus crisis spirals

U.S. equity markets were under severe pressure Monday following a surge in the number of coronavirus cases outside China......»»

Category: topSource: foxnewsFeb 24th, 2020

Large parts of China ease coronavirus curbs, many report no new cases

Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and travel on Monday as reported new cases of coronavirus outside the worst-hit province fell to the lowest in a month......»»

Category: topSource: reutersFeb 24th, 2020

Large parts of China relax coronavirus curbs, many places report zero new cases

Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and movement of people on Monday as reported new cases of the coronavirus outside the worst-hit province fell to the lowest in a month......»»

Category: topSource: reutersFeb 24th, 2020

U.S. meeting on Huawei, China policy still on for Thursday despite Trump tweets: sources

A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite a pushback from President Donald Trump against stricter limits on shipments of U.S. products overseas......»»

Category: topSource: reutersFeb 19th, 2020

Mastercard Gets Approval To Enter China Payments Market

Mastercard Inc. (NYSE: MA) has won the approval of the People’s Bank of China (PBOC) to start a bank card clearing business in China. read more.....»»

Category: blogSource: benzingaFeb 12th, 2020

Mastercard stock gains after company gets "in-principle approval" for China clearing

Mastercard Inc. announced Tuesday that it has won "in-principle approval" from the People's Bank of China (PBOC) to begin preparations for a potential bank-card clearing business in t.....»»

Category: topSource: marketwatchFeb 11th, 2020

Malaysia regulator fears airline expansion curbs after FAA downgrade

Malaysian airlines could be barred from introducing new routes in China, South Korea and Japan after the U.S. Federal Aviation Administration (FAA) downgraded the country's air safety rating late last year, Malaysia's aviation regulator said on Tuesday......»»

Category: topSource: reutersFeb 11th, 2020

Dow Jones Newswires: Coronavirus to cause temporary disruption to China’s economy, PBOC says

BEIJING — China is considering possible countermeasures to cushion the blow from the coronavirus outbreak that is expected cause a temporary disruption to the economy, a central bank official said......»»

Category: topSource: marketwatchFeb 7th, 2020

U.S. to review new curbs on Huawei, China in Feb. meeting: sources

The Trump administration plans to meet this month to discuss further curbing technology exports to China and its flagship telecoms company Huawei, two sources said, in a bid to resolve differences within the government over the possible crackdown......»»

Category: topSource: reutersFeb 5th, 2020

U.S. to review new curbs on Huawei, China in February meeting: sources

The Trump administration plans to meet this month to discuss further curbing exports to China and its flagship telecoms company Huawei, two sources said, in a bid to resolve differences within the government over the possible crackdown......»»

Category: topSource: reutersFeb 4th, 2020

Mania Returns, Futures Soar After China Halts Selloff

Mania Returns, Futures Soar After China Halts Selloff It was scary for a few moments: after the PBOC expanded its massi.....»»

Category: blogSource: zerohedgeFeb 4th, 2020