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HK monetary authority urges suspension of contact-less credit cards

HK monetary authority urges suspension of contact-less credit cards

2015-10-14 11:34

The Hong Kong Monetary Authority (HKMA) has called on seven banks to suspend the issuance of contact-less payment credit cards.

Crowfunding investors hit record high in Sept., report

Crowfunding investors hit record high in Sept., report

2015-10-13 21:50

China's crowdfunding investors hit an all-time high in September.

Investment portfolios amounted to 1.2 trln yuan by Aug.

Investment portfolios amounted to 1.2 trln yuan by Aug.

2015-10-13 15:57

Investment portfolios registered by China's insurance asset management companies cumulatively amounted to 1.2 trillion yuan as of end-August.

Venture capitalists eye startups in China

Venture capitalists eye startups in China

2015-10-12 17:00

Venture capitals from America's Silicon Valley have seen opportunities to cash in on the lucrative startup market in China.

China working on measures to standardize pension investment process

China working on measures to standardize pension investment process

2015-10-12 11:04

China are working on measure to standardize the process of collecting and transferring pension fund available for investment among central government.

China expands pilot program to cut loan cost

China expands pilot program to cut loan cost

2015-10-12 09:09

China's central bank on Saturday announced it would expand a pilot program on credit-asset pledged lending to nine municipalities and provinces.

inter-bank bankcard transactions exceed RMB640 bln during Oct. 1-7

inter-bank bankcard transactions exceed RMB640 bln during Oct. 1-7

2015-10-09 15:43

Inter-bank UnionPay card transactions mounted up to 646.9 billion yuan during the 7-day long National Day holiday (Oct. 1-7).

Chinas insurance industry to support construction of key projects

China's insurance industry to support construction of key projects

2015-10-09 09:42

The CIRC on Thursday rolled out guidelines about the insurance industry to support construction of key projects.

Standard Chartered completes 200 deals via new cross-border payment system

Standard Chartered completes 200 deals via new cross-border payment system

2015-10-08 22:08

Standard Chartered completed its first clearing for Ikea China via the Cross-border Interbank Payment System (CIPS) on Thursday.

BOC Sydney branch completes 1st deal on RMB CIPS syste

BOC Sydney branch completes 1st deal on RMB CIPS syste

2015-10-08 15:45

Bank of China (BOC) Sydney branch made the first deal on Chinese central bank's Renminbi (RMB) Cross-border Interbank Payment System (CIPS) Thursday.

Sydney branch first to use new CIPS: Bank of China

Sydney branch first to use new CIPS: Bank of China

2015-10-08 15:32

The Bank of China's Sydney branch became the first to use the new CIPS, sending RMB 37.0084 million for an Australian company to China on Thursday.

ICBC clear 1st RMB transaction in Singapore via cross-border payment system

ICBC clear 1st RMB transaction in Singapore via cross-border payment system

2015-10-08 14:49

The ICBC Singapore completed its first clearing of 35 million yuan via the CIPS on Thursday.

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