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