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HK residents can open mainland banking accounts in Hong Kong

HK residents can open mainland banking accounts in Hong Kong

2019-03-21 09:23

Residents of China's Hong Kong Special Administrative Region can apply for mainland banking accounts easily here in Hong Kong.

China Securities Co. reports profits down over 20 pct

China Securities Co. reports profits down over 20 pct

2019-03-19 15:35

China Securities Co. said that its net profits fell 23.11 percent y-o-y to 3.09 bln yuan in 2018,largely due to its sluggish wealth-management sector.

Chinese yuan strengthens to 6.7062 against USD Tuesday

Chinese yuan strengthens to 6.7062 against USD Tuesday

2019-03-19 10:13

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 26 basis points to 6.7062 against the U.S. dollar Tuesday.

Deutsche Bank and Commerzbank confirm talks about possible merger

Deutsche Bank and Commerzbank confirm talks about possible merger

2019-03-18 15:38

Deutsche Bank and Commerzbank have entered talks about a possible merger, the two German banks confirmed on Sunday.

China’s Banks Have a Hidden Wave of Bad Debt

China’s Banks Have a Hidden Wave of Bad Debt

2019-03-18 13:40

China’s banks may have a flood of bad loans waiting in the wings.

Shanghai crude oil futures open lower

Shanghai crude oil futures open lower

2019-03-18 10:16

Crude oil futures were lower Monday in early trading on the Shanghai International Energy Exchange.

Japan logs goods trade surplus of 3.03 billion USD in February

Japan logs goods trade surplus of 3.03 billion USD in February

2019-03-18 09:44

Japan logged a goods trade surplus in February, the government said in a preliminary report on Monday.

Chinas home prices up slightly in February

China's home prices up slightly in February

2019-03-15 09:47

Home prices in 70 major Chinese cities edged up in February, official data showed Friday.

Chinese banking regulator allows higher bad-loan ratio for small firms

Chinese banking regulator allows higher bad-loan ratio for small firms

2019-03-14 15:38

China's banking regulator said Wednesday that it will tolerate a higher ratio of bad loans to small businesses.

Chinese ambassador urges financial cooperation between China and UK

Chinese ambassador urges financial cooperation between China and UK

2019-03-14 15:38

Chinese Ambassador to Britain Liu Xiaoming on Tuesday called on China and Britain to seize opportunities to advance financial cooperation.

U.S. Fed bans former Goldman Sachs employees from banking industry

U.S. Fed bans former Goldman Sachs employees from banking industry

2019-03-13 12:42

Fed announced that two former employees of the famous investment bank Goldman Sachs Group, Inc., were banned from banking industry.

Chinas Ping An Insurance Group annual profit surges 20.6 pct

China's Ping An Insurance Group annual profit surges 20.6 pct

2019-03-12 19:25

Ping An Insurance Group Co., one of the country's leading insurers, saw a 20.6 percent jump in annual net profit in 2018.

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