Ratings agency Standard & Poor's Ratings Services on Friday downgraded Qantas Airways' credit rating to BB+, from BBB-.
China'sfinancialsectorhasremainedsoundwithrisks"broadlycontained,"YiGang,governorofthePeople'sBankofChina(PBC),thecentralbank,saidonSaturday.In2017,theleverager
SalesinbabygoodsretailerMothercarehavefallen,butonlinetrafficisup.Theretailerreportedlike-for-likesalesfell2.8%inthelast12weeksowingtodecreasedconsumerfootfall.
China'snewlyappointedcentralbankgovernorYiGanghasannouncedaslewofreformmeasuresregardingtheforeigncapitalenteringChina’sfinancialmarketattheannualmeetingofBoaoF
China’snewlyappointedcentralbankgovernorYiGanghasannouncedaslewofreformmeasuresregardingtheforeigncapitalenteringChina’sfinancialmarket.ThiscomesadayafterPresid
ChineseVicePremierLiuHesaidonSundaythatChinawillpushforwardfinancialsupervisionreformandwinthebattleagainstfinancialrisk.Liumadetheremarkswhenattendingtheinaugu
Thisyearmarksthe40thanniversaryofChina'sreformandopening-up.ChinaDailyinterviewedtopexecutivesofwell-knownmultinationalcompaniesfortheirviewsonthecountry'ssocio
Cyber-attacksposethebiggestthreattotheSwissfinancialsystemwithrisksfromhackingincursionsontherise,watchdogFINMAwarnedonTuesday.“Therisksconnectedwiththeseattack
YiGangwasnamedgovernorofthePeople’sBankofChina(PBOC)onMonday,afteradecadeasdeputytoZhouXiaochuan,ensuringcontinuitytoalandmarkeraofmarket-orientedreformsasChina
AlphabetInc’sGooglesaidonWednesdayitwillbanadvertisementsforcryptocurrenciesandrelatedcontentstartinginJune.Underthenewpolicy,thecompanywillbanadsforunregulated
Ride-hailingserviceGrabisbeingheavilylinkedwithadealtobuyoutUber’sbusinessinSoutheastAsia,butthoserumorsaren’tstoppingitfrombuildingitsfintechplatformafterannou
AChineseregulatortakingdirectcontrolofadebt-riddenfinancialentityundersomeextremecircumstancescanstabilizethetransitionandpreventsawolffrombecomingawolfpack,sai
TheEuropeanCentralBanksaidMondayithasfrozenpaymentsbythethird-largestbankintinyBalticstateLatvia,asitsfinanceshavedeterioratedinthewakeofmoneylaunderingallegati
TighterfinancialregulationshavepromptedChinesebankstoapportiongreaterresourcestotherealeconomyandimprovetheoverallqualityoffinancialserviceswhilekeepingrisksatc
China'scentralbanksaiditwilltightenregulationsondomesticinvestors'participationinoverseastransactionsof"initialcoinofferings"(ICOs)andvirtualcurrencyastherisksa
BritainandChinawillfinalizedealsthisweekinsectorsasdiverseasfinancialservices,education,energy,andhealthcare,visitingBritishPrimeMinisterTheresaMaysaidinShangha
AleadingChineseInternetfinanceguildhaswarneddomesticinvestorsaboutrisksintradingoverseas"initialcoinofferings"(ICOs)andvirtualcurrencytransactions."Investorssho