Sunday, August 30, 2015
China on Saturday scrapped a two-decade limit on the percentage of funds banks can lend out relative to deposits, state media reported.
China's pension funds do not have the obligation to prop up or rescue the country's turbulent stock market, a top official said on Friday amid popular expectations for the funds to do so.
Saturday, August 29, 2015
Mainland China's economy may be slowing but it is "not falling off a cliff," the chief executive of Southeast Asia's biggest bank said Friday.
Just as they thought they could begin moving away from crisis mode, China's turmoil has become a new threat to the world's top central bankers.
Mainland China has eased property investment rules for foreign individuals and institutions across the country, enabling qualified foreign institutional and individual investors to buy more properties on the Chinese mainland, authorities announced in a circular on Thursday evening.
Thursday, August 27, 2015
The once-hot smartphone market in mainland China is expected to cool this year, growing a meager 1.2 percent, according to a report released Tuesday.
Employees of one of mainland China's biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price boom.
Wednesday, August 26, 2015
Mainland China's former finance authority deputy head Jin Liqun has been elected to head the new Asian Infrastructure Investment Bank (AIIB), the mainland Chinese authorities said Tuesday.
Tuesday, August 25, 2015
Asian stocks nosedived on Monday, led by sharp falls in Shanghai as concerns mount over the health of mainland China's economy -- the world's second largest.
Investors who piled into mainland China's stock market at the government's behest may have lost heavily in recent months, but many clung Monday to hopes of official rescue even as markets erased the year's gains.