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Chinese Bank Suffers "Rare" Bank Run, Police Arrest "Rumor-Spreaders"

Chinese police questioned 27 people, detained 12 and "severely" reprimanded 15, over the spreading of goss.....»»

Category: blogSource: zerohedgeAug 12th, 2017

China Hitches Yuan to the Dollar, Buying Rare Calm

China’s central bank appears to have effectively pegged the Chinese yuan to the dollar in recent weeks, a policy twist that has helped stabilize the currency in a year of political transition......»»

Category: topSource: wsjMay 25th, 2017

Directors of company that committed fraud of Rs 500 cr held

The arrest comes after police froze the company's bank accounts and sealed its office at Noida Sector-2.....»»

Category: topSource: business-standardFeb 17th, 2017

World"s "Most Bearish Hedge Fund" Suffers Worst Month In History, Refuses To Capitulate

“In my view, the Trump election has made a large Chinese devaluation more likely. Mainland Chinese investors are desperately trying to get out of the Yuan, and the People’s Bank of China is trying to defend the value of the Yuan. They are doing this b.....»»

Category: blogSource: zerohedgeDec 12th, 2016

London Markets: FTSE 100 suffers steepest fall in 9 weeks as Fed, China weigh

U.K. stocks are shoved down Friday, as the market’s appetite for risk is hurt by talk of higher U.S. interest rates, weak Chinese inflation figures and inaction by the European Central Bank......»»

Category: topSource: marketwatchSep 9th, 2016

Houston bank signals it wants to go public in regulatory filing

The IPO is a rare move in the world of Texas banks as there are about 21 publicly listed banks headquartered in the Lone Star State......»»

Category: topSource: bizjournalsOct 16th, 2017

China Central Bank"s Zhou Calls for Clarity in Public Finances

The governor of the People’s Bank of China called for greater transparency in Chinese public finances, saying their murkiness means investors underestimate the risks of local government debt......»»

Category: smallbizSource: wsjOct 15th, 2017

China lifting 800 million people out of poverty is historic:World Bank

Starting in 1990 with the evolution of the Chinese economic system and its embrace of the global market China has lifted over 800 million out of poverty, said WB President.....»»

Category: topSource: business-standardOct 12th, 2017

Market Extra: Chinese central-bank chief talks of reforms aimed at lifting yuan’s status

The Chinese currency’s rally followed the remarks of China’s chief central banker who argued for reform to its exchange-rate system, and a loosening of restrictions preventing the free flow of money in and out of the country.....»»

Category: topSource: marketwatchOct 10th, 2017

3 Ways To Play China"s Rate Decision

The Chinese central bank said over the weekend that it would be open to changing its monetary policy in the coming months, Bloomberg reported. read more.....»»

Category: blogSource: benzingaOct 9th, 2017

Deutsche Bank shares drop following report of rift over Chinese shareholder

Deutsche Bank AG shares dropped more than 1% in Frankfurt trade Monday morning following a .....»»

Category: topSource: marketwatchOct 9th, 2017

Pressure Mounts at the Top of Deutsche Bank

Deutsche Bank CEO John Cryan has told associates he wanted nothing to do with Chinese conglomerate HNA, the bank’s largest shareholder. The iciness has irked Chairman Paul Achleitner, who helped woo HNA......»»

Category: asiaSource: wsjOct 9th, 2017

A Chinese carmaker agrees to buy a Danish investment bank

A COMPANY that moves up the value chain from refrigerator parts to cars is impressive but not that surpr.....»»

Category: topSource: stockchartsOct 5th, 2017

Analyst slashes Fifth Third to rare "sell" rating

A well-known bank stock analyst has cut his rating on Fifth Third Bancorp’s stock to a rare recommendation to sell the shares......»»

Category: topSource: bizjournalsOct 5th, 2017

A Chinese carmaker agrees to buy a Danish investment bank

A COMPANY that moves up the value chain from refrigerator parts to cars is impressive but not that surprising. A.....»»

Category: topSource: economistOct 5th, 2017

Hong Kong, Japanese stocks boost Asia on optimism over global growth

SYDNEY (Reuters) - Japanese and Hong Kong share markets led Asian stocks higher on Wednesday, with the Chinese central bank's weekend move to free up more liquidity boosting sentiment as the world's second-largest economy grows at a steady pace......»»

Category: topSource: reutersOct 3rd, 2017

Chinese investors bemoan govt"s crackdown on bitcoin amid losses

Neighbouring country's central bank has asked virtual currency trading platforms in Beijing, Shanghai to cease market operations.....»»

Category: topSource: business-standardOct 1st, 2017

Three Israelis Killed in West Bank Shooting

A Palestinian gunman killed three members of Israel’s security forces at a West Bank settlement, police and medics said, the latest burst of violence in the Israeli-controlled territory......»»

Category: topSource: wsjSep 26th, 2017

WILBUR ROSS: China "sent a very powerful message to North Korea"

Thomson ReutersWilbur Ross thinks that the People's Bank of China telling Chinese banks to stop doing business with North Korea was a "very powerful message." "I think th.....»»

Category: topSource: businessinsiderSep 22nd, 2017

China"s Postal Savings Bank Taps Overseas Investors

State-owned Postal Savings Bank of China is raising up to $7.6 billion in one of the largest-ever sales of offshore securities by a Chinese lender......»»

Category: asiaSource: wsjSep 21st, 2017

3 Must Read Stories: Chinese Financial Market Reforms, Bitcoin Rally, China-Singapore Relations Back on Track

The 160 People s Bank of China .....»»

Category: futuresSource: nasdaqSep 19th, 2017