Search Results for 'China'

China Banking Shares Rise on Reserve Ratio Cut: Hong Kong Mo...

Feb. 20 (Bloomberg) -- Chinese banking shares climbed after the central bank reduced the proportion of deposits they must set aside, cutting the ratio for the second time in three months to fuel lending and sustain economic growth. Ind [...]

Posted On : Feb, 20 2012 | Comments : 0

China banks lend RCOM $1.2bn

In a positive move for the debt-laden telecom major , Reliance Communications (RCOM) has tied up with a clutch of Chinese banks to refinance the maturity value of its outstanding FCCBs (foreign currency convertible bonds) worth $1.18 bill [...]

Posted On : Jan, 18 2012 | Comments : 0

METALS-Copper rises after China's manufacturing expands

China's PMI boosts confidence metal use to rise * Caution remains because of euro zone debt crisis * LME copper faces resistance at $7,689 -technicals KUALA LUMPUR, Jan 3 (Reuters) - London copper rose on Tuesday, the fir [...]

Posted On : Jan, 03 2012 | Comments : 0

China Banks Shunned as Investors Eye 2003 Low in Credit Bust

The cheapest Chinese bank stocks since 2004 may drop further as the three-year credit boom that created the world’s most profitable lenders shows signs of turning into a bust. The MSCI China Financials Index sank 24 percent this [...]

Posted On : Sep, 27 2011 | Comments : 0

China money rates jump as banks begin paying extra reserves

China's money market rates jumped on Monday morning as banks began meeting extra reserve rules due to a new policy that has expanded the base for bank reserve requirements. China had widened the base for calculating banks' rese [...]

Posted On : Sep, 05 2011 | Comments : 0

Global Investment Banks Stumbling in China01 Jun 2011

June 1, For many international investment banks the A-share market is an appetizing prospect, but they are realizing that it is not that easy to bite in to as domestic companies prove effective competitors. China led the world in initi [...]

Posted On : Jun, 01 2011 | Comments : 0

UPDATE: S&P Warns Of Profit Squeeze For China's Banks

China's moves to tighten monetary policy and contain credit risks could significantly weaken bank profitability in the next few years, and may lead to a sharp rise in bad assets, Standard & Poor's said Wednesday. The ratings ag [...]

Posted On : May, 25 2011 | Comments : 0

Regulator urges China banks to lend more to small businesses

Liu Mingkang, the chairman of the China Banking Regulatory Commission, told the Lujiazui Forum, an annual gathering of top Chinese financial officials and executives, that big Chinese companies were leaving banks as they can seek funds fr [...]

Posted On : May, 20 2011 | Comments : 0

China to designate RMB clearing bank in Singapore

The People's Bank of China ( PBOC) will designate a Chinese bank in Singapore to undertake the clearing of Renminbi trade, Singapore's Senior Minister Goh Chok Tong has said. "China has to, over time, internationalize t [...]

Posted On : Apr, 19 2011 | Comments : 0

China central bank further tightens liquidity in open market...

The People's Bank of China (PBOC), or the central bank, further tightened excessive liquidity stemming from Chinese banks this week through regular open market operations that ended Thursday. In its open market operations on Thursday [...]

Posted On : Mar, 24 2011 | Comments : 0

China's Bank Share Slide May Persist as Inflation Hits Growt...

Chinese banks, set to post record profits, are trading at their cheapest level in two years and may stay depressed in 2011 as investors bet faster inflation and slower economic growth will erode earnings. Shares lost allure over the [...]

Posted On : Feb, 28 2011 | Comments : 0

China has slapped punitive reserves on multiple banks

This approach, formally known as "dynamic differentiated required reserve ratios", has been effective in restraining lending by banks and will be continued as a core part of the government's efforts to control inflation, Xi [...]

Posted On : Feb, 23 2011 | Comments : 0

China regional banks told to hike reserves: report

China's central bank has ordered some small and medium-sized banks to raise their reserves in the latest in a series of such hikes aimed at reining in inflation, according to state media. The reserve requirement ratio hike, which eff [...]

Posted On : Feb, 11 2011 | Comments : 0

Analysis-China c. bank gains political clout in inflation fi...

That will give the People's Bank of China more leeway to tighten policy by further raising banks' required reserves, aggressively draining liquidity through open-market operations and restricting bank lending, according to analys [...]