Deutsche Bank becomes first European bank to clear China’s Renminbi
The move will allow the Deutsche Bank to provide direct end-to-end processing, clearing and settlement services for cross-border renminbi transactions...
Tag : yuan
China’s auto industry faces scrutiny
China’s emphasis on boosting sales for job creation and growth comes at the cost of profitability and healthy competition...
Alibaba makes biggest corporate bond offering in Asia-Pacific
Alibaba plans to use the notes' net proceeds for share repurchases and other general business uses, such as paying off its offshore debt...
China mandates banks for USD 2 billion bond issuance in Saudi Arabia
Recently, China's Ministry of Finance announced that, with State Council approval, it would issue bonds in Saudi Arabia for a maximum of USD 2 billion...
China posts slowest GDP growth in over a year as property woes drag
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages...
China revives property bonds amid economic stimulus
Since the announcement, real estate shares have increased in value...
Yen spikes as spectre of Japan government intervention spooks investors
The yen made significant gains and continued to rise by 0.5% to reach 155 points per dollar...
To boost domestic semiconductor sector, China sets up third fund with USD 47.5 billion
China must become self-sufficient in semiconductors, according to President Xi Jinping...
Asia Private Equity & Bitcoin ETFs: Morgan Stanley’s focus amid leadership shift
The Securities and Exchange Commission approved 11 spot bitcoin ETFs in January 2024...
China’s real estate stimulus faces consumer confidence test
China recently announced lowering interest rates on current mortgages and relaxing regulations for first-time homebuyers in major cities...