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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 Busts a $3 Billion Underground Bank as It Tightens Its Grip on Money

The police detained seven people thought to have helped thousands of Chinese circumvent government limits on how much money they can move from the country......»»

Category: dealsSource: nytNov 23rd, 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

One Bank Believes It Found The Identity Of Who Is "Propping Up The Bitcoin Market"

Back in May when the Chinese domination over Bitcoin was ending, we predicted that it would shift over to Japan, specifically, we said that "just as the Chinese bubble frenz.....»»

Category: blogSource: zerohedgeDec 14th, 2017

China"s Central Bank Raises Market Rates Hours After Fed Move

The People’s Bank of China followed a U.S. interest-rate increase with one of its own to blunt the effect of the Federal Reserve move on the Chinese economy......»»

Category: topSource: wsjDec 14th, 2017

JPMorgan A Rare Bank Healthily Firing On Most Cylinders

JPMorgan A Rare Bank Healthily Firing On Most Cylinders.....»»

Category: topSource: seekingalphaDec 11th, 2017

China bank lending hits fresh record after strong credit surge in November

Chinese banks extended 1.12 trillion yuan ($169.27 billion) in net new yuan loans in November.....»»

Category: topSource: business-standardDec 11th, 2017

HSBC beefs up Asia research team with 15 new hires in China

HONG KONG (Reuters) - HSBC said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority-owned by a foreign bank......»»

Category: topSource: reutersDec 7th, 2017

Exclusive: China"s Xiaomi seeks bank pitches for 2018 IPO

Chinese budget smartphone-maker, Xiaomi, plans an initial public offering next year - and it could the be world's largest tech float. Lucy Fielder reports......»»

Category: videoSource: reutersDec 6th, 2017

Exclsuive: China"s Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters......»»

Category: topSource: reutersDec 6th, 2017

Exclusive: China"s Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters......»»

Category: topSource: reutersDec 6th, 2017

China"s Xiaomi seeks bank pitches for 2018 IPO: sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters......»»

Category: topSource: reutersDec 6th, 2017

China Merchants Bank Co Ltd

China Merchants Bank (CMB) is a Chinese bank headquar.....»»

Category: topSource: newsweekDec 5th, 2017

Industrial and Commercial Bank of China Ltd

Industrial and Commercial Bank of China Limitedis a Chinese multinational banking company, it is the l.....»»

Category: topSource: newsweekDec 5th, 2017

What Is Behind China"s Bond Rout?

Until a modest dip in Chinese bond yields in the past two days, 10y CGB and 10y policy bank bond yields soared by 40bps and 70bps, respectively, over the last 2 months. In fact, Chinese government notes are headed for the worst se.....»»

Category: blogSource: zerohedgeDec 1st, 2017

RCom lenders to oppose China Development Bank"s insolvency petition

CDB had earlier filed a petition opposing RCom-Aircel merger in May this year. The Chinese lender withdrew its petition later.....»»

Category: topSource: business-standardNov 30th, 2017

Turkish-Iranian gold trader pleads guilty, set to testify

Jurors are set to hear opening statements in the criminal trial of a Turkish bank executive, while questions are swirling about his onetime co-defendant, a wealthy Turkish-Iranian gold trader whose arrest caused a diplomatic stir......»»

Category: topSource: foxnewsNov 28th, 2017

Turkish-Iranian businessman to testify at US trial

Jurors are set to hear opening statements in the criminal trial of a Turkish bank executive, while questions are swirling about his onetime co-defendant, a wealthy Turkish-Iranian gold trader whose arrest caused a diplomatic stir......»»

Category: topSource: foxnewsNov 28th, 2017