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Global payment platforms may pay 15-pct tax in India

Global payment platforms may pay 15-pct tax in India

2018-11-12 15:21

International payment platforms such as Visa, Mastercard may also be subjected to pay around 15-percent tax on their income in India.

Chinese financial institutions report net FDI inflows in Q3

Chinese financial institutions report net FDI inflows in Q3

2018-11-11 20:17

China's financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in the Q3.

Chinas prudent monetary policy to remain neutral, target real economy

China's prudent monetary policy to remain neutral, target real economy

2018-11-11 20:15

China's central bank said that it will maintain a prudent and neutral monetary policy.

CDB issues first securitized products of green credit assets

CDB issues first securitized products of green credit assets

2018-11-10 20:42

The security totals 3.14 billion yuan (about 453 million U.S. dollars), and the funds collected will be reinvested into the green sector.

Ping An Insurance vows to invest 15 billion dollars in R&D over next decade

Ping An Insurance vows to invest 15 billion dollars in R&D over next decade

2018-11-10 20:40

Chinese insurance giant Ping An Insurance unveiled its long-term research and development (R&D) investment plan Thursday.

Chinas rural policy bank to support private firms in grain purchasing

China's rural policy bank to support private firms in grain purchasing

2018-11-10 20:33

China's only rural policy bank has started to award loans with a lending rate of 4.35 percent to private firms on purchasing potatoes and grain.

U.S. sues Swiss bank UBS over mortgage securities before financial crisis

U.S. sues Swiss bank UBS over mortgage securities before financial crisis

2018-11-09 16:42

The U.S. Justice Department sued UBS on Thursday, alleging that its fraudulent actions in the sale of residential mortgage-backed securities

Financing association set up for Chinas digital economy

Financing association set up for China's digital economy

2018-11-09 10:20

Over 50 companies and institutions on Thursday set up the China Digital Economy Investment and Financing Association.

Official promises to direct more loans to private sector

Official promises to direct more loans to private sector

2018-11-09 09:05

China's banking and insurance regulator chief vowed to step up credit support for the private sector.

Chinas central bank advocates safe, sound FinTech applications

China's central bank advocates safe, sound FinTech applications

2018-11-09 08:47

China's central bank hopes to inspire FinTech innovations while keeping a close eye on the corresponding risks.

Urban commercial banks urged to better serve private, micro firms

Urban commercial banks urged to better serve private, micro firms

2018-11-08 09:30

A central bank representative on Wednesday urged urban commercial banks to better serve the country's private and micro enterprises.

Former board chairman of China Huarong Asset Management under arrest

Former board chairman of China Huarong Asset Management under arrest

2018-11-07 16:04

Lai Xiaomin, former board chairman of China Huarong Asset Management Co., Ltd., has been formally arrested.

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