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Macao broad money supply M2 reaches 76.4 bln USD in July

Macao broad money supply M2 reaches 76.4 bln USD in July

2018-09-06 08:47

Macao's broad money supply rebounded in July with a stable share of patacas.

S.Koreas foreign reserves fall in 6 months on strong USD

S.Korea's foreign reserves fall in 6 months on strong USD

2018-09-05 14:56

Debit card usage in South Korea rose in the first half of this year as tax credit from the usage doubled the one from credit card usage.

HK receives 29 applications for virtual bank licenses

HK receives 29 applications for virtual bank licenses

2018-09-04 09:06

The Hong Kong Monetary Authority (HKMA) has received a total of 29 applications for the virtual bank licenses as of 5pm on Friday.

UAEs payment provider partners with Chinas Alipay on mobile payment

UAE's payment provider partners with China's Alipay on mobile payment

2018-09-03 08:57

The UAE payment solutions provider Network International has partnered with China's Alipay to provide mobile payment service to Chinese shoppers

Chinas online property insurance premiums up in H1

China's online property insurance premiums up in H1

2018-09-01 21:27

China's online property insurance premiums rose significantly in the first half of 2018, picking up pace from the January-March period.

HK boosting its links to Chinese banks — but there are risks involved

HK boosting its links to Chinese banks — but there are risks involved

2018-08-31 16:38

Hong Kong's burgeoning financial links with China hold enormous opportunities — but they carry risks for its banking sector as well.

BOC finances over 600 projects under Belt and Road Initiative

BOC finances over 600 projects under Belt and Road Initiative

2018-08-30 14:39

Bank of China (BOC) announced on Wednesday that it has financed more than 600 projects under the Belt and Road Initiative.

Bank of Beijing H1 net profits up 7 pct on yr to RMB 11.854 bln

Bank of Beijing H1 net profits up 7 pct on yr to RMB 11.854 bln

2018-08-30 14:37

Bank of Beijing announced on Wednesday that it generated 11.854 billion yuan of net profits attributable to shareholders in H1, up 7 percent y-o-y.

Vietnams banking system sees smaller bad debts

Vietnam's banking system sees smaller bad debts

2018-08-30 14:05

Vietnam's banking system reduced its bad debt ratio to 2.09 percent in late June from 2.46 percent in late December 2016.

Intl rating agencies confident in BRICS bank

Int'l rating agencies confident in BRICS bank

2018-08-30 14:03

The BRICS New Development Bank (NDB) has received favorable ratings from S&P Global Ratings and Fitch Ratings, the Shanghai-based bank said Wednesday.

BOC to acquire 27 rural banks from CCB for about RMB1.6 bln

BOC to acquire 27 rural banks from CCB for about RMB1.6 bln

2018-08-30 09:31

BOC and Fullerton Financial will jointly acquire 27 rural banks from the CCB for about 1.606 billion yuan.

Chinas securities firms add bonds and derivatives

China's securities firms add bonds and derivatives

2018-08-29 09:43

Some of China's big securities firms are seeing a robust profitability in their investment activities despite the stock markets' turbulence.

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