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Bank of China unveils individual wealth management report'
Bank of China, one of China's four largest commercial banks, recently unveiled a wealth management report for retail investors.
China's central bank unveils new targeted monetary tool
China's central bank on Wednesday introduced a new kind of lending facility to encourage loans to small and private businesses.
PBOC injects 60 bln yuan into market to maintain liquidity
China's central bank conducted a total of 60 billion yuan (about 8.71 billion U.S. dollars) of reverse repos Wednesday to maintain liquidity.
U.S. FDIC announces lower budget, fewer headcounts for 2019
U.S. Federal Deposit Insurance Corporation (FDIC) said on Tuesday that it would cut its budget and headcounts slightly in 2019.
Brokers increase support for private sector
Chinese brokerages have launched more asset management products (AMPs) to finance cash-starved private companies, a business group said.
EU clears China Re's takeover of Chaucer
The European Commission said on Tuesday that it has approved the acquisition of sole control over Chaucer by China Reinsurance Group Corporation.
Insurance sector shows stronger capacity to withstand risks: regulator
China's insurance sector has shown a stronger capacity to fend off risks as its overall leverage gradually has dropped and business structure improved
Alipay rolls out new facial recognition payment equipment
The e-commerce giant Alibaba rolled out its new facial recognition payment equipment dubbed "Dragonfly" on Thursday.
Barclays Bank becomes 2nd UK Cross-border GDRs Conversion Institution
The Shanghai Stock Exchange (SSE) announced the registration of Barclays Bank PLC as a UK cross-border global depositary receipt (GDR) conversion.
China's commercial banks' net profits to grow 7.1 pct in 2018: report
China's commercial banks will post sound performance in 2018, with their combined net profits likely to grow 7.1 percent year on year.
China sees stable FDI inflows in first 11 months
Foreign direct investment (FDI) into the Chinese mainland stayed basically stable in the first 11 months of the year.
China approves two foreign holding securities JVs soon
China's securities watchdog is expected to approve the foreign brokers, Nomura and J.P. Morgan, soon to set up their joint ventures.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
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Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
