hePeople’sBankofChinahasissuedanewruletoregulatethebarcodepaymentbusinessforthefirsttimeamidtheboomofdigitalpaymentinChina,Yicai.comreported.Therulemakesclearth
hePeople’sBankofChinahasissuedanewruletoregulatethebarcodepaymentbusinessforthefirsttimeamidtheboomofdigitalpaymentinChina,Yicai.comreported.Therulemakesclearth
China'scentralbankonWednesdayannouncedplanstoregulateQRcodepaymenttocontainrisksarisingfromthepopularservice.AccordingtoadocumentreleasedbythePeople'sBankofChin
China'scentralbanksuspendedopenmarketoperationsforthethirdworkingdayTuesday,citingsufficientliquidityinthebankingsystem.Liquiditywasata"relativelyhighlevel"afte
TheFBIhasaskedofficialsinCyprusforfinancialinformationaboutadefunctbankthatwasusedbywealthyRussianswithpoliticalconnectionsandhasbeenaccusedbytheUSgovernmentofm
China’scentralbank’sdeputygovernoronSaturdaysaidthegrowthofthecountry'sleverageratiohassubstantiallyslowedinthefirstthreequarters."Primarycalculationshowedthein
Singapore’scentralbankonTuesdaysaidithadpermanentlybarredYeoJiawei,aformerwealthmanagerofSwissbankBSIinvolvedinbreachesrelatedtoMalaysia’s1MDBfund,frommanagingf
TheUScentralbankissettoraisethebenchmarkinterestratethisweek,lookingtogetaheadofpriceincreasesthat,thoughabsentsofar,arestillexpectedtomaterialize.Itwouldbethet
China’sbankingregulatorhasconfiscatedillegalincomeandimposedfinesonChinaGuangfaBanktotaling722millionyuan(109millionUSdollars)forprovidingillegalguaranteesforde
China'scentralbanksuspendedopenmarketoperationsTuesday,citingsufficientliquidityinthebankingsystem.Themovemeantanetcashwithdrawalof170billionyuan(25.7billionU.S
U.S.FederalReservegovernorJeromePowell,thenomineeforthenextchairoftheFed,saidonTuesdaythathewouldlikelysupportthecentralbanktoraiseinterestrateagaininDecember."
Bitcoin,whichthisweeksoaredtoanewrecordhighofmorethan$8,000,isthemonetaryequivalentofUber,sinceitbypassescentralbankregulationandcouldbeattractiveforfinancially
TheShanghai-basedNewDevelopmentBankapprovedtwoinfrastructureandsustainabledevelopmentprojectsinIndiaandRussiawithloansof400millionUSdollars.Theloanswillbeusedto
ByAPDwriterChenJiabaoBANGKOK,Nov.21(APD)--ThebahtbroketheTHB33.00/USDlevel,touchingat32.79onTuesday,thehighestrangein30months.Thaicurrencyhasrisentothepeakrecen
China’sfirstindependentdirectbankbeganoperatingofficiallyonSaturday,co-ownersBaidu,thesearchgiant,announcedinanewsrelease.CITICaiBankCorpLtd(orBaixinBankinManda
ChinesesmarttechnologycompanyZCsmarthasdevelopedanewencryptionsystemcalled"CombinedCreditKeySystem"(CCKS)thatcantagaquindecillion(1e+48)piecesofinformationorobj
China'scentralbankhascontinueditsnetcashinjectionsviaopenmarketoperations,easingthereposliquiditystrain.ThePeople'sBankofChinaconducted150billionyuan(about22.7b
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