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Yuan "Death Crosses" As Default Wave Forces Chinese Banks To Raise Capital

According to survey data by Bank of America Merrill Lynch, stretching back to 2009, investors have never been so bearish of Asian bonds in history. Investors see China's .....»»

Category: blogSource: zerohedgeJul 12th, 2018

Hedge Fund Billionaire Singer Takes Control Of AC Milan After Latest Chinese Default

Now that the great Chinese money-laundering M&A wave of 2016 is long forgotten, in some cases with tragic consequences such as Wednesday's freak death of HNA chairman Wang Jian, and the Chinese conglomerates and ol.....»»

Category: blogSource: zerohedgeJul 7th, 2018

Chinese Yuan Tumbles To New Cycle Low Amid Signs Of Capital Outflows

 As Chinese markets began to wake, yuan just broke below 6.98/USD for the first time in this downswing, despite PBOC liquidity withdrawals sending m.....»»

Category: blogSource: zerohedgeOct 31st, 2018

China Puts Yuan Skeptics on Notice as Currency Nears Decade Low

After a nearly 7% selloff this year, the yuan is at the brink of hitting 7 per dollar, a threshold that could trigger further selling if Chinese businesses and individuals decide they need to expatriate capital before any further decline......»»

Category: smallbizSource: wsjOct 27th, 2018

Chinese state-owned automaker FAW Group gets $144 billion credit line

China's state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth over 1 trillion yuan ($144 billion), but did not give specific reasons as to why it wanted to secure access to such a large amount of funding......»»

Category: topSource: reutersOct 25th, 2018

Wall Street Salaries Hit Highest Level Since Lehman

Thanks to a wave of consolidation that has helped banks compensate for rock-bottom interest rates and tighter capital requirements, Wall Street's pre-tax profit grew by a staggering 42% last year, according to an ann.....»»

Category: blogSource: zerohedgeSep 19th, 2018

Fed Ponders a New Tool to Avert Crises

A debate is brewing inside the Federal Reserve about whether to demand big banks raise more capital as the economy heats up......»»

Category: smallbizSource: wsjSep 10th, 2018

Market Extra: China shores up the yuan, soothing devaluation fears

Chinese authorities move to shore up the yuan on Thursday, news reports say, by draining liquidity from the offshore traded currency via restrictions on Chinese banks......»»

Category: topSource: marketwatchAug 16th, 2018

China limits offshore lending to support yuan: Reuters

Chinese authorities moved to shore up the yuan by banning Chinese banks from certain offshore lending activities, according to Reuters, citing sources with direct knowledge of the matter. Banks may no longer deposit and.....»»

Category: topSource: marketwatchAug 16th, 2018

Forex Traders Overwhelm Emerging Markets’ Central Bankers

Forex Traders Overwhelm Emerging Markets’ Central Bankers $DXY, $OIL, $GLD, $SLV Selloff forces EM central banks to raise interest rates Currencies have struggled to find a floor despite rate moves Central banks in emerging econo.....»»

Category: topSource: livetradingnewsJun 28th, 2018

Gold Joins The Global "Death Cross" Procession

While US mega-tech stocks support the belief that all is well for many Americans, a glance around the world and the shit is seriously hitting the fan... Downtrends are everywhere and 'death crosses' are popping up in asset classes from Chinese stoc.....»»

Category: blogSource: zerohedgeJun 22nd, 2018

USD/CNY (CNY=X) China’s new yuan loans shrink, M2 growth unchanged

USD/CNY (CNY=X) China’s new yuan loans shrink, M2 growth unchanged Chinese banks extended 1.15 trillion yuan (about 179.7 billion U.S. dollars) in new yuan-denominated loans in May, edging down from 1.18 trillion yuan in Ap.....»»

Category: topSource: livetradingnewsJun 12th, 2018

Left says he believes Elon Musk "right now" on not needing to raise capital

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: theflyonthewall11 hr. 52 min. ago

Flexium, Uniflex plan fundraising

Flexible PCB specialists Flexium Interconnect and Uniflex Technology have both disclosed plans to raise new capital for capacity expansions......»»

Category: topSource: digitimes12 hr. 36 min. ago

China "Consumption" Slumps As Trade War Weighs On Sentiment

Following another month of contraction in the shadow banking system and the recently resumed downtrend in Chinese stocks and yuan, investors are bracing for the monthly deluge of ec.....»»

Category: blogSource: zerohedgeNov 13th, 2018

Exclusive: Dell taps banks to raise more cash for tracking stock offer - sources

Dell Technologies Inc is working with investment banks to add more cash to a $21.7 billion offer to buy back a "tracking stock" tied to its software company VMware Inc as it nears a deal with investors, people familiar with the matter said on Tuesday......»»

Category: topSource: reutersNov 13th, 2018

Exclusive: German officials raise China alarm as 5G auctions loom

Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country's 5G infrastructure amid concerns this could compromise national security......»»

Category: topSource: reutersNov 13th, 2018

Amarin CEO says focused on execution after capital raise earlier this year

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: theflyonthewallNov 12th, 2018

Italy"s Banca Carige Gets €320 Million Bailout From Interbank Fund

Update: Italy's insolvent bank du jour, Banca Carige which was halted on Monday due to events profiled earlier (see below) has gotten a last minute lifeline, and after it was unable to raise €400MM in capital in .....»»

Category: blogSource: zerohedgeNov 12th, 2018

Alibaba hits record sales on Singles" Day

Chinese e-commerce giant Alibaba smashes the 2017 record for its Singles' Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under sixteen hours. Francesca Lynagh reports.....»»

Category: videoSource: reutersNov 12th, 2018

Foreign Buying of Chinese Bonds Slows as Yuan Falls

A weaker currency and a narrowing premium over U.S. interest rates have dented global investors’ enthusiasm for China’s roughly $12 trillion bond market......»»

Category: asiaSource: wsjNov 12th, 2018